Rapid growth in the algae market; managing risk in the renewables space
Oct 2, 2008 - Stephen Lacey - Renewable Energy World.com
With over US $180 million in venture capital invested in Algae companies already this year, the market looks ready to explode. That explosion couldn't come soon enough for biodiesel producers who are having trouble getting enough feedstock to meet global demand.
Joseph Muscat, Americas Director of Cleantech and Venture Capital at Ernst and Young, tells us about the high amounts of capital that companies have raised so far in 2008.
Will Thurmond, Founder of Emerging Markets Online and Director of Research and Development at the National Algae Association, talks about the overwhelming need for algae in the biodiesel market.
Finally, Harrison Dillon, President and Chief Technology Officer with the algae company Solazyme, describes the company's method for growing and harvesting algae.
Also in the podcast: Richard Homlich, CEO of Advantage for Analysts, highlights the need for good risk management practices in the renewable energy industry. He'll draw some parallels between the ongoing problems in the mortgage industry.