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We recognize a rapidly changing global environment - unpredictable climate changes, scarce raw materials, reduction in productive land and explosive population growth - will continue to deplete our finite natural resources. Wordwide dependence on fossil fuels has created a global challenge that extends well into the 21st Century.
PetroSun, through our wholly owned subsidiary PetroSun BioFuels, is committed to becoming
a worldwide leader in the development and deployment of renewable
energy resources.
Renewable energy technologies are natural energy sources that
can supply our needs in a sustainable way, reduce air and
water pollution, improve soil quality, minimize erosion, and
preserve our precious eco-system. Renewable energy can also
increase our energy security by reducing our dependence on
foreign oil and improving the lives of individuals through
local job creation.
Algae-to-Biofuels
Plants such as soybeans and sunflowers produce oil, that can be used to make biofuels.
Although these crops have received a lot of media attention
in the last several years, they require intensive management
and may not be sustainable in the long term due to rising
development and production costs. We believe a different type
of oil crop that holds great promise for the future is microalgae.
Extensive research was conducted to determine the utilization
of microalgae as an energy source, with applications being
developed for biodiesel, ethanol, and bioplastics. Independent studies have demonstrated that algae
is capable of producing in excess of 30 times more oil per
acre than corn and soybean crops. Biodiesel produced from
algae contains no sulfur, is non-toxic and highly biodegradable.
One of the biggest advantages of biodiesel compared to many other alternative transportation fuels is that it can be used in existing diesel engines, which relieves manufacturers of having to make costly engine modifications. Biodiesel can also be mixed, at any ratio, with conventional petroleum diesel. As a result, the alternative fuel can be used in the current distribution infrastructure, replacing petroleum diesel either wholly, or as a diesel fuel blend with minimal integration costs.
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