Developer of Fuel Oil from Algae Expands R&D and Production Facility
Indianapolis, IN – March 16, 2009 – Stellarwind Bio Energy, LLC, a producer of fuel oil from algae, announced today the opening of its new small scale pilot production facility and corporate headquarters in Indianapolis, Indiana. With a 1/10th acre greenhouse, expanded office space and an advanced R & D facility, the company is rapidly moving into the next phase of its business development plan. The announcement, made today by Will Kassebaum, President and CEO of Stellarwind Bio Energy, represents the next milestone in the algae bio fuels evolution.
Leveraging two years of research, design and development, the new headquarters located at 8440 W. 82nd Street, Indianapolis, IN, will allow Stellarwind Bio Energy to build a scaled pilot production facility deploying its PhycoGenic ReactorTM and PhycoProcessorTM. During this phase intensive effort will continue as the company refines its systems and manufacturing processes.
Our Vision Statement – “To reshape the competitive energy landscape by providing a new domestic source of eco-friendly renewable energy.”
Algae? Yes, algae. Unlike corn which produces between 150-330 gallons of ethanol per acre per year, or soy that produces between 70-100 gallons of bio-diesel per acre per year, algae can produce in excess of 10,000 gallons of fuel oil per acre annually. In addition, the oil produced is far superior to ethanol or bio-diesel, in that it can be sent directly to a refinery for conversion into gasoline, kerosene or aviation fuel.
“Our vision statement says it all. Renewable, eco-friendly fuel sources are no longer an option; they are now a necessity. For years, science has known that algae are a far better producer of fuel oils than other biological sources. The problem has been to cost-effectively build a bioreactor that can inexpensively grow, harvest and process commercially viable quantities of fuel oil from algae. We are committed to deploying such a system,” states Mr. Kassebaum.
Stellarwind Bio Energy’s PhycoGenic ReactorTM is based on a proprietary approach which will allow the company to grow algae at a very affordable cost per liter. The technology in our system is being designed for high scalability, simple construction and easy maintenance.
Keith Masavage, EVP of Marketing and Business Development summarizes; “Our holistic approach uses four basic components; our PhycoGenic ReactorTM, PhycoProcessorTM, RecyCO2TronTM, and Resource Recovery SystemTM (RRSTM). First, carbon-dioxide is acquired from any major greenhouse-gas producer such as power plants or manufacturing facilities using our RecyCO2TronTM. This CO2 is fed into the PhycoGenic ReactorTM which continuously grows and harvests the algae.
The harvested algae are fed into the PhycoProcessorTM which extracts the oils. Residual bio-mass is fed into our RSSTM process which can convert it into one of several valuable resources including methane, industrial grade charcoal, fertilizer and/or synthesis gas. Our goal is to produce a continuously renewable energy source that is ecologically friendly, uses everything, and wastes nothing.”
Stellarwind Bio Energy – Fueling The Next Millennium
About Stellarwind Bio Energy:
Stellarwind Bio Energy’s goal is to become a leader in the production of fuel oils from algae. Formed in 2006 and incorporated in the summer of 2008, the founders spent two years developing a highly scalable, cost effective method of producing fuel oil from algae. The company is about to enter its small scale pilot production phase during which it will refine its production techniques, develop it manufacturing process and continue to expand its human resources.
The management team is a highly skilled group of professionals with extensive experience with high-tech startup companies specializing in systems engineering, complex product design and product development. Individually and as a group they have successfully delivered a wide range of award winning products, systems and services in a variety of technical fields.
For more information, visit: www.stellarwindbioenergy.com