Friday, June 8, 2007

GreenFuel Releases New Video

Join GreenFuel Technologies CEO, Cary Bullock, as he illustrates the proprietary Emissions-to-Biofuels™ process that recycles carbon dioxide emissions into clean renewable biofuels. Taking you from the lab and into the field, the new video showcases the technology behind GreenFuel.

Watch the Emissions-to-Biofuels™ Video

Be sure to watch all the segments of the production by using the playlist found to the right of the media player. The segments are as follows:

* GreenFuel Introduction
* GreenFuel Growing Algae
* GreenFuel Lab Testing

Tuesday, June 5, 2007

GreenFuel Appoints Guillermo Espiga Chief Financial Officer

GreenFuel Technologies Corporation, a leading developer of algae bioreactor systems that recycle carbon dioxide emissions into clean renewable biofuels, has announced the appointment of Guillermo Espiga as Chief Financial Officer. GreenFuel’s Emissions-to-Biofuels™ process uses safe, naturally occurring algae to recycle flue gas CO2 emissions into clean renewable biofuels and other high-value products.
Espiga will be responsible for all finance, accounting and strategic financial planning activities of the company. Espiga comes to GreenFuel with extensive experience in financing infrastructure projects at such companies as Credit Suisse First Boston and InterGen. He has led the financing of more than $2 billion in non-recourse financing, and more than $200 MM of M&A activity in the fields of power generation, oil & gas, and other energy and infrastructure related projects in the US, Latin America, Europe and Asia Pacific. Espiga received his Bachelors degree in Civil Engineering from Universidad Metropolitana in Venezuela, and his MBA from Boston College.
"As GreenFuel gets closer to deploying its first commercial scale facility, the process of bringing technology, marketing and financial partners onboard becomes mission critical," said GreenFuel CEO, Cary Bullock. "Guillermo Espiga’s extensive experience in large project strategic planning and financing will be a key asset for GreenFuel as we prepare to enter the full commercial phase of our business plan."
"GreenFuel’s algae technology has tremendous commercial potential in the booming alternatives fuel industry," said Espiga. It is a privilege to work with GreenFuels’s talented team of professionals to create a business that has so many benefits for energy security and a healthier environment."

Monday, June 4, 2007

A Viable Option for Biofuel Feedstock

A new white paper has been released today titled "GreenFuel Technologies Corporation's Emissions-to-Biofuels (TM) Algae Technology: A Viable Option for Biofuel Feedstock". Written by Dr. Mark Allen Bernstein, a well known name in the energy industry from his tenure at RAND corporation and as Senior Policy Advisor at the White House Office of Science and Technology, the paper compares GreenFuel's proprietary algae system to other available biofuel solutions in the market.

To read the full white paper for more background about the author, climate change and the impact on energy prices, and the figures regarding GreenFuel Technologies system being a viable option for biofuel click here