Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

US Navy Sails 1,200 Miles on Algae Biofuel

Share on Stocktwits

Source:

"The U.S. Navy Frigate fleet ship USS Ford sailed from its homeport in Everett, Wash., down to San Diego using 25,000 gallons of the company's Soladiesel blended in even proportions with F-76 military diesel."

TG Daily, Pete Danko

Last November, a remotely controlled destroyer using a 50-50 blend of algae-derived, hydro-processed oil and a standard petroleum fuel made a 17-hour trek 150 or so miles up the California coast from San Diego to the Naval Surface Warfare Center Port Hueneme. 



That was the Navy's largest-scale alt-fuel demo—until now. According to Solazyme, the U.S. Navy Frigate fleet ship USS Ford just sailed from its homeport in Everett, Wash., down to San Diego using 25,000 gallons of the company's Soladiesel blended in even proportions with F-76 military diesel.

The Navy has set a goal of deploying a "Great Green Fleet" powered entirely by alternative fuels by 2016, and of reaching 50 percent alternative energy use overall by 2020. The service has also tested alternative fuel in a yard patrol boat at the Naval Academy in Annapolis, Md., and in a landing craft utility off the Virginia coast. . .View Full Article

Want to read more about Alternative - Biofuels investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe