OriginOil Announces Breakthrough Layered-Growth Invention
New MultiReactor™ design uses all available solar energy with compact footprint
Los Angeles, CA May 4, 2010 – OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced a breakthrough direct-solar growth design that uses growth layers to harness the sun’s energy more effectively than existing pond systems, while greatly reducing the real estate required.
“Algae ponds and channels are great for tapping the sun’s energy, but they require vast amounts of land,” said Riggs Eckelberry, OriginOil CEO. “We simply stacked the algae layers to multiply the benefits of ‘free’ solar energy. The result is an ideal mix of sustainable growth and industrial-grade concentration.”
Scott Fraser, the company’s vice president of operations, first outlined the breakthrough at the National Algae Association’s Quarterly Conference in Houston on April 28, 2010. Mr. Fraser is shown here accepting the NAA’s prestigious Algaepreneur award. OriginOil was one of three companies presented with this award.
Barry Cohen, the NAA’s executive director, remarked: “We have been monitoring the progress and results of both open pond advocates and closed-loop system evangelists. OriginOil’s invention may finally provide a way to scale up commercial algae production.”
The company recently filed for patent protection of the new layered solar growth design, its ninth patent application, entitled “Multi-Plane Growth Apparatus and Method.” While currently focused on algae, the invention applies to the intensive growing of any crop.
The company, which is now working in the lab with the new design, plans to build it into a standard 40-foot container for field testing. Shipping containers are inexpensive, available worldwide, easy to transport and convenient for carbon credit certification.
The MultiReactor takes advantage of the fact that much more sun falls on the ground than vegetation can normally absorb. The solution is to capture it all in a stack of growth layers. The new design uses an array of lenses to direct solar radiation from the top through a system of algae channels. Algae culture is pumped continuously to the top of the array and then trickles down through the layers, ensuring equal exposure. Tapping units at the end of the stack capture valuable gases.
The growth units are oriented east-west to capture the sun’s rays throughout the day. Adjustments are made for seasonal changes in the sun’s angle of incidence. The resulting system may be 10 to 20 times more efficient than single-layer systems.
Algae prefer certain wavelengths, typically in the red and blue frequencies. This new design allows for filters and prisms to assure that only the wavelengths beneficial to algae get through, potentially diverting the rest for optional storage and night-time lighting.
Reducing the footprint required for algae growth enables co-location with industrial sources of CO2 and nutrient-rich wastewater. These synergies make algae production more viable, and enable a distributed energy network.
View OriginOil’s MultiReactor presentation here.
Safe Harbor Statement:
Matters discussed in this update contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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