[USA] A pilot contract for the supply of algae-derived biofuel to Hawaiian Electric Co by Ohio-based Phycal Inc has been terminated after the algae project was never finished, a spokesman for the utility told Pacific Business News on Wednesday.
Hawaiian Electric spokesperson Peter Rosegg was cited as saying that the project failed to be completed because Phycal was unable to get expected funding from the Department of Energy (DoE) and that the parties mutually agreed to end the contract in May last year.
The deal, struck in 2011, called for Phycal to supply up to 150,000 gallons (567,800 litres) of algae biofuel by April 2014 for testing at the utility’s Kahe power station.
A successful testing could have led to a three-year supply agreement for up to three million gallons of biofuel per year.
Phycal planned to set up a pilot algae farm on the Hawaiian island of Oahu.
View original article at: Hawaiian Electric Co pilot algae fuel supply deal falls through