Chevron Backs Solazyme’s Algae Biodiesel Production Process (+Video)

It’s been a big week for biofuel breakthroughs and new partnerships. While photographing the algae biodiesel cars outside Fields of Fuel yesterday, insiders I spoke with alluded to big news: I just learned that Chevron will be backing Solazyme to produce algae biodiesel (East Bay Business Times):

Chevron Corp. is accelerating its research into biofuel derived from algae. On Tuesday, Solazyme Inc. of South San Francisco announced an agreement with the Chevron subsidiary Chevron Technology Ventures to develop and test biodiesel feedstock made from algae.