BIORECOVER, financed with 6.3 million euros, is focused on the recovery of high value raw materials through advanced solutions, including microalgae.
The strong commitment of AlgaEnergy to R&D is evident from the portfolio of projects in which it participates in a leading role. This biotechnology company specialized in the microalgae sector adds another project to its portfolio: BIORECOVER. Financed by 6.3 million euros, this bioremediation project aims to recover high value raw materials– such as rare-earths, magnesium, heavy or precious metals– through biotechnological solutions, including microalgae. In this sense, the roles of AlgaEnergy include the use of some of microalgae strains grown by the company, such as Chlorella, Scenedesmus, Arthrospira and Anabaena as bio-absorbents for the recovery of the aforementioned materials. AlgaEnergy’s budget for this project is approximately 449,592 euros.
The project, assigned by the European Commission within the Horizon 2020 Program, will last for 4 years and will develop a strategic research line in the European Union as the production of essential raw materials - critical raw materials (CRM). The aim of the project is to guarantee a secure, sustainable and accessible supply of CRM for fundamental economic sectors on which 30 million jobs depend, such as automotive, aerospace, construction, steel and agriculture sectors, among others.
The project has first-rate consortium members from seven different countries (Spain, Greece, Denmark, Sweden, Portugal, Slovenia and South Africa) and is coordinated by Multisectoral Research Technology Center (CETIM). Among the associates, companies such as Técnicas Reunidas, a Spanish engineering company listed on the Madrid’s stock exchange; the Magnesitas Navarras mining company or academic centers such as the University of Cape Town and that of Johannesburg stand out.
AlgaEnergy, the biotechnology-based company participated for the seventh time in a row in this trade fair of international reference for the fruit and vegetable industry.20 October, 2021
The company actively participates in this benchmark event in the biotechnology sector, which it also supports as a prominent sponsor.22 September, 2021
The biotechnology company has participated for the third time in a row at this congress of international relevance. The microalgae-based biostimulants AgriAlgae® generated great interest amongst the attendees.20 September, 2021
The event brings together a large community of 2,000 enterprise participants and 95,000 visitors spanning 140 countries and 18 sectors.07 September, 2021
Our Regional Leader for Latin America South and East Africa, Fabricio Benatti, led a round table on 'Creating the Right Value Proposition for Biologicals'.13 July, 2021
This represents a significant capital increase that AlgaEnergy and its management team will leverage to strengthen its international footprint.12 July, 2021
It was an interesting opportunity to not only share our company story, but also our unique journey from start-up to global leader and our learnings along the way.06 July, 2021
During the 3-day event, the company introduced SynCro™️, its line of new biostimulants based in microalgae developed exclusively for the French market01 July, 2021
Organized by the leading debate organization in Spain, Nueva Economía Forum, the conference will be broadcasted live and on streaming, next Wednesday 26th of May.17 May, 2021
The biotechnology company joins the more than 12,500 signatories of this initiative around the world, which seeks to strengthen private sector alliances to achieve the SDGs.21 April, 2021