First U.S. Large Scale Algae Farm for Biofuel Production
April 11, 2008http://www.biofuels-news.com/news/petrosun_farm.html
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The first commercial algae farm for the production of biofuels in the United States is planned for development in South Padre Island Texas, by an American energy company, PetroSun. The oil extracted from the algae will be used for the production of biodiesel. The 1,831 acre site will provide 157 algae ponds for a potential oil production of about 9 to 15 million gallons per year. The biofuels international website reports that although US Defense Department estimates that production cost of algae oil to be over $20 per gallon, “algae-based research and development is increasing”..
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