Sapphire picked for U.S.-China EcoPartnership program

The U.S. Secretary of State John Kerry and his Strategic & Economic Dialogue counterpart State Councilor Yang Jiechi welcomed Sapphire Energy and Sinopec, along with five other new U.S.-China partners into the flagship EcoPartnerships… Program during a signing ceremony July 10 in Beijing. The Program promotes cooperation between U.S. and Chinese organizations working on clean energy, climate change, and environmental protection. There are now 24 EcoPartnerships in the program.

The new EcoPartnerships admitted to the program were chosen from among private sector actors, academia, non-governmental organizations, and city governments. Their cooperation will focus on issues relating to biofuels, battery storage and other clean technologies, emissions trading, seaport air quality, high performance gas turbines, and low-carbon city tools.

“Sapphire Energy is very pleased to learn that our company’s and Sinopec’s algae-derived renewable crude oil project has been selected for the U.S.-China EcoPartnerships program,” said Sapphire Energy CEO, Cynthia ‘CJ’ Warner. “This collaboration between our two companies exemplifies the mutual goal of producing cleaner energy solutions for the U.S. and China. Together, we will demonstrate that crude oil from algae can be produced with favorable economics; that it can be integrated into existing fuels distribution networks; and that it will deliver substantial advantages for the reduction of CO2 emissions in both nations.

“Projections from the U.S. Energy Information Administration show that China, the world’s most populous country, will be the largest importer of oil in 2014. The need for renewable, sustainable and low carbon energy solutions to meet growing demand is vital. Given China’s leadership and strong support for embracing new, clean, sustainable fuel options, along with the country’s abundant availability of non-farmable land and non-potable water, Sapphire Energy’s proven algae-to-energy technology platform offers a promising solution.

“I want to thank U.S. Secretary of State John Kerry, State Councilor of the People’s Republic of China Yang Jiechi, and all the representatives from both countries for their work in moving this EcoPartnership forward. We’re ready to get to work,” said Ms. Warner.

 

Photo caption: “Together, we will demonstrate that crude oil from algae can be produced with favorable economics,” said Sapphire Energy CEO, Cynthia ‘CJ’ Warner.

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