We are determined to solve the biggest challenge of our time.
Optimism and commitment drives us to see every challenge as an opportunity.
Seaweed solutions for renewable energy
We are turning the invasive Sargassum seaweed in the Caribbean from a problem into a resource by converting it to renewable biogas and biofertilizer, enabling the sustainable transformation of small island nations’ energy and agricultural systems, while generating revenue from the seaweed currently choking beaches and damaging ecosystems throughout the region. We have achieved promising results in our biogas production using Sargassum seaweed and are now going to build a large scale facility on the east coast of Grenada, where the Sargassum is most prevalent.
Our team has several years experience of seaweed technology
AlgaeFuel has the team to make it happen, all driven by a passion for solving the climate challenge and saving the oceans. We have many years experience from in the energy industry and have validated Sargassum technology with KTH and partners in Grenada.
Benjamin Nestorovic - CEO and Director
Benjamin first encountered Sargassum during a vacation in Mexico in 2018. In 2019, he co-founded AlgaeFuel Sweden together with Erik. Since then, they have researched and tested solutions on how to valorize Sargassum seaweed. Benjamin holds a M.Sc. in Sustainable Energy Engineering from KTH (Royal Institute of Technology in Stockholm) and has six years’ experience from strategy and business development in the energy industry. In 2023, he co-founded the subsidiary SarGas Ltd together with Grenadian partners, where he is CEO and Director.
Erik Östling - CTO and Director
Erik was onboard to find a solution to the Sargassum challenge as soon as Benjamin told him what he had seen. He went on to co-found AlgaeFuel Sweden together with Benjamin in 2019. Since then, they have researched and tested solutions on how to valorize Sargassum seaweed. Erik holds a M.Sc. in Chemical Engineering for Energy and Environment from KTH (Royal Institute of Technology in Stockholm) and has six years’ experience from energy and gas consulting. In 2023, he co-founded the subsidiary SarGas Ltd together with Grenadian partners, where he is CTO and Director.
We have a local presence in Grenada through our subsidiary SarGas Ltd
Dr. Angus Friday – Director
Renatta Fielden – Director
Sherwin Sandy – Biogas Expert