Navigation Links
Palmer Labs Awarded U.S. Department of Energy Funding for Algae Biofuel Research

DURHAM, N.C., Jan. 14 /PRNewswire/ -- U.S. Department of Energy (DOE) Secretary Steven Chu announced Wednesday the award of $44 million in federal stimulus funds to The National Alliance for Advanced Biofuels and Bioproducts (NAABB), a consortium including Palmer Labs, LLC, of Durham, NC.

The DOE funds will support enhanced research by Palmer Labs of its patent-pending algae technology addressing both energy and nutritional applications. "Our goal is highly focused," said Dr. Miles Palmer, company president.   "We take the biggest problems -- currently in energy and food resources -- and find cheaper and better solutions through innovative combinations of proven technologies. The DOE stimulus funds provide timely support of this pressing goal to us and our consortium partners."

"We are very excited about this announcement," said N.C. Department of Commerce Secretary J. Keith Crisco. "Palmer Labs is a great example of the innovation and creativity that are driving North Carolina's future, especially in the energy/green jobs sector, which Governor Perdue has emphasized as one of her top priorities for economic development."

"North Carolina is fortunate to have Palmer Labs consolidating its business here," said Lanty Smith, Chairman of Tippet Capital. "It is precisely the kind of firm which North Carolina needs to attract in today's business climate.  They have reached out to take on-board some of the best and brightest local talent and to make an important impact on the development of new technologies in the Research Triangle."  

Researchers at Palmer Labs are developing innovative methods for harnessing algae to "close the carbon cycle," said Bill Brown, Chairman of Palmer Labs and Duke Law School faculty member. "Our unique approach to algae will help provide a solution to the problem of CO2 emissions and, at the same time, provide algae for both food and energy production."  

Palmer Labs engineers are also designing and testing systems to burn algae to make renewable electricity. "This power system allows us to use algae to turn sunlight -- the ultimate renewable resource -- into electricity," said Dr. Palmer.  "Our system is designed to use biomass, natural gas or coal while capturing virtually all the CO2 emissions at a cost lower than present commercial systems."

"We formed Palmer Labs to help address many of the world's problems," said Prof. Brown.  "As we have seen with the recent U.N. Climate Change Conference in Copenhagen, policy makers are struggling to devise the solutions to the environmental challenges that engulf us.  We believe that technology both delivers and is a powerful, democratizing force."  

DOE announcement:

For more information, please call 919-667-1800.

About Palmer Labs

Palmer Labs, LLC ( provides innovative scientists and technologists with the resources to transform their ideas into realizable applications in the marketplace. Palmer Labs focuses on technologies and innovations that address the critical challenges of our complex world. Palmer Labs focuses on solutions with positive environmental impacts including reduced fuel consumption, emissions, and greenhouse gases.  Palmer Labs is an affiliate of 8 Rivers Capital, LLC (


National Alliance for Advanced Biofuels and Bioproducts (NAABB) - Led by the Donald Danforth Plant Science Center (St. Louis, MO), NAABB will develop a systems approach for sustainable commercialization of algal biofuel (such as renewable gasoline, diesel, and jet fuel) and bioproducts. NAABB will integrate resources from companies, universities, and national laboratories to overcome the critical barriers of cost, resource use and efficiency, greenhouse gas emissions, and commercial viability. It will develop and demonstrate the science and technology necessary to significantly increase production of algal biomass and lipids, efficiently harvest and extract algae and algal products, and establish valuable certified co-products that scale with renewable fuel production. Co-products include animal feed, industrial feedstocks, and additional energy generation. Multiple test sites will cover diverse environmental regions to facilitate broad deployment.

SOURCE Palmer Labs



SOURCE Palmer Labs
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. GeneNews CSO Dr. CC Liew awarded state honour by the Government of Malaysia
2. Mirus Bio Awarded Grants & Contracts of Over $5 Million
3. ICx Awarded $1.5 M Contract by Department of Homeland Security for Development of Next Generation Bio Aerosol Systems
4. ViPS Awarded Enterprise Systems Development (ESD) Contract By CMS
5. GlaxoSmithKline Awarded U.S. Department of Defense Contract to Pursue Novel Antibacterial Research Program
6. Isis Announces $4.2 Million in Government Contracts Awarded to Its Ibis Subsidiary for Biodefense Applications Development
7. Foundation for Biomedical Research Board Chairman Awarded Congressional Gold Medal
8. Isis Awarded $1.5 Million NIH Grant to Improve Chemical Properties of RNAi-Based Therapeutics
9. Caliper Life Sciences Awarded National Institute of Environmental Health Services Contract Valued to $7.0 Million
10. Implicit Awarded US $16.3 Million U.S. Government Contract to Develop Immunomodulatory Drug for Biodefense Threats
11. BIO-key(R) Awarded Contract to Deploy Incident Reporting System for Littleton, CO Police Department
Post Your Comments:
(Date:11/24/2015)... FAR HILLS, N.J. (PRWEB) , ... November 24, 2015 , ... ... University, as the recipient of the 2016 USGA Green Section Award. Presented annually since ... of golf through his or her work with turfgrass. , Clarke, of ...
(Date:11/24/2015)... Nov. 24, 2015 Cepheid (NASDAQ: CPHD ... at the following conference, and invited investors to participate ...      Tuesday, December 1, 2015 at 11.00 a.m. ...      Tuesday, December 1, 2015 at 11.00 a.m. ... New York, NY      Tuesday, December ...
(Date:11/24/2015)... Halozyme Therapeutics, Inc. (NASDAQ: HALO ) will be presenting at ... on Wednesday, December 2 at 9:30 a.m. ET/6:30 a.m. PT ... provide a corporate overview. th Annual Oppenheimer Healthcare ... ET/10:00 a.m. PT . Jim Mazzola , vice president ... --> th Annual Oppenheimer Healthcare Conference in ...
(Date:11/24/2015)... /CNW/ - iCo Therapeutics ("iCo" or "the Company") (TSX-V: ... the quarter ended September 30, 2015. Amounts, unless ... presented under International Financial Reporting Standards ("IFRS"). ... Andrew Rae , President & CEO of ... only value enriching for this clinical program, but ...
Breaking Biology Technology:
(Date:11/20/2015)... Connecticut , November 20, 2015 ... authentication company focused on the growing mobile commerce market ... CEO, Gino Pereira , was recently interviewed on ... interview will air on this weekend on Bloomberg ... Latin America . --> NXTD ) ("NXT-ID" ...
(Date:11/19/2015)...  Based on its in-depth analysis of the biometric ... the 2015 Global Frost & Sullivan Award for Product ... this award to the company that has developed the ... the market it serves. The award recognizes the extent ... customer base demands, the overall impact it has in ...
(Date:11/19/2015)... -- Although some 350 companies are actively involved in molecular ... according to Kalorama Information. These include Roche Diagnostics, Hologic, Abbott ... of the 6.1 billion-dollar molecular testing market, according to ... Diagnostic s .    ... one company and only a handful of companies can ...
Breaking Biology News(10 mins):