Press Releases
Corporate
SAPPHIRE ENERGY WELCOMES NEW SENIOR DIRECTOR, DOWNSTREAM TECHNOLOGY
Oil industry veteran Dan Sajkowski joins Sapphire Energy as senior director, downstream technology. Sajkowski spent the last five years as the business unit leader of BP’s Whiting Refinery, the 4th largest refinery in the country, and has more than 25 years' experience in t the oil and refining industry.
Download Press Release | Continue reading…
TOP INDUSTRIES CONVERGE ON SAPPHIRE ENERGY’S ALGAE-FUEL PLANS
Top executives from three key industries have been appointed to Sapphire Energy’s board of directors, signaling their support for the intersection between energy, agriculture, and biotechnology in the game-changing creation of fuel from algae. Joining May 20 are former Monsanto chief Robert Shapiro, former BP executive David Allen, and venture capitalist and bio-tech executive David E. Shaw.
Download Press Release | Continue reading…
SAPPHIRE ENERGY SIGNS TOP CFO AND PRESIDENT OF INTERNATIONAL
James Lambright, former head of the U.S. Export-Import Bank and Chief Investment Officer of the U.S. Treasury Department’s Troubled Asset Relief Program (TARP), is joining the leading-edge green energy producer as Chief Financial Officer and President, International.
In 2006, the U.S. Senate confirmed his nomination as President and Chairman of the Board of the Export-Import Bank of the United States, the U.S. government's official export credit agency. There, he oversaw a $60 billion credit portfolio of project and export finance transactions in over 150 countries. In 2008, the U.S. Treasury Department named him Chief Investment Officer of the Troubled Asset Relief Program (TARP), a position he held until June 2009, where he and his team executed and managed over $400 billion of investments in banks, insurers, and auto manufacturers as part of the government’s response to the global financial crisis.
Download Press Release | Continue reading…
Recovery Act Project Will Create Clean Energy Jobs in Southern New Mexico
Over $100 Million to Fund Algae-Based Biofuel Refinery
Washington, DC- Today, Congressman Harry Teague announced that a Recovery Act grant and a loan guarantee has been awarded to Sapphire Energy, a company with operations in Las Cruces that produces algae-based biofuel. The funding will allow Sapphire Energy to build an “Integrated Algal Biorefinery” that will produce biofuel for commercial use. 750 direct and indirect jobs will be created through construction, administration and operation of the biofuel refinery facility.
Download Press Release | Continue reading…
Governor Bill Richardson Highlights More Than $100 Million to Be Invested in Alternative Fuels Project
SANTA FE – Governor Bill Richardson today commended Sapphire Energy, Inc. for a successful application to the U.S. Department of Energy for a grant to launch a new multi-million dollar algae biofuels demonstration project in Luna County, New Mexico. Sapphire Energy has been awarded a $50 million grant from the U.S. Department of Energy as well as a loan guarantee of $54.5 million from the U.S. Department of Agriculture. The San Diego-based company plans to build a demonstration project in Luna County near Columbus and Deming. The company also has a research and development complex in Las Cruces.
Download Press Release | Continue reading…
President Obama, USDOE and USDA See Green Value in Sapphire Energy
SAN DIEGO, CA, December 4, 2009 – Sapphire Energy, the leader in algae-based fuel technology, today received another big boost for its groundbreaking energy work. Sapphire was awarded nearly $104.5 million as part of President Obama’s American Recovery and Reinvestment Act and the Biorefinery Assistance Program, authorized through the 2008 Farm Bill.
Download Press Release | Continue reading…
Sapphire Energy Honored to Participate in Introduction of Historic Climate Change Legislation
WASHINGTON, DC, September 30, 2009 – Sapphire Energy is honored to participate in today’s introduction of the Boxer climate change bill. Introduced by Senators Barbara Boxer (D-CA) and John Kerry (D-MA), this historic bill is tackling two of the most challenging and pressing issues of the day: climate change and energy security. As the leading producer of algae-based fuel, Sapphire Energy was founded to tackle these very issues by developing an economically and environmentally sustainable, low carbon, domestically produced alternative to fossil fuels.
Download Press Release | Continue reading…
Algae-Fueled Car Completes 3,750 Mile Cross Country Tour
NEW YORK, September 18, 2009 – Indicating the true start of the Green Age, Sapphire Energy, the leader in algae-based renewable fuel, joined with the team behind the award winning film FUEL, to complete the first cross-country car tour fueled by a blend of algae-based gasoline in an unmodified engine. The Algaeus completed its 10-day, 3,750 mile US tour that started in San Francisco and arrived into New York City today, September 18th.
Download Press Release | Continue reading…
Veggie Van Organization and the Fuel Movie to Unveil the Algaeus
Los Angeles, CA (August 27, 2009) – Green Fuel is real fuel as the Algaeus, the world’s first plug-in hybrid vehicle to cross the country on fuel containing a blend of algae-based renewable gasoline, hits the road to celebrate the launch of the award-winning film FUEL. Sponsored by the Veggie Van Organization, the eco-aggressive, 10-day cross country tour features a caravan of high technology ‘green’ vehicles, led by the groundbreaking Algaeus, which is fueled by Sapphire Energy. The tour kicks off on September 8 in San Francisco and culminates in New York City on September 18 to celebrate the nationwide premiere of FUEL, the movie that inspires green energy solutions such as those demonstrated on the tour.
Download Press Release | Continue reading…
Sapphire Energy Urges Senators to Add Proven Algae-Based Fuel to Cap and Trade Legislation
WASHINGTON, May 19, 2009 – Cynthia J. Warner, president of Sapphire Energy, today testified before the full U.S. Senate Committee on Environment and Public Works Hearing on ‘Business Opportunities and Climate Policy’ to ensure that upcoming Cap and Trade legislation includes a proper ‘carbon accounting’ for emerging and proven algae-based fuel. Warner encouraged Senators to adopt policies that would incentivize industrial emitters of CO2, like coal-burning electric power generators, to collect and transport their CO2 to companies like Sapphire Energy whose process turns industrial waste and greenhouse gases (GHG) into low carbon gasoline, diesel and jet fuels.
