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.
This represents a significant capital increase that AlgaEnergy and its management team will leverage to strengthen its international footprint.12 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
The biotechnology company has been selected as a finalist in two important categories: International Development and SME of the year.14 April, 2021
The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.23 March, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.04 March, 2021
His important contributions to science have been especially valued by the jury, made up of experts from the biotechnology sector, including the General Manager of AlgaEnergy.02 March, 2021
Sarkar was named Business Leader of the Year at today’s 19th Global Edition of the World Leadership Congress & Awards in Mumbai.24 February, 2021
AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.12 January, 2021