Midwest (TGW) – Green Star Products Inc. (GSPI) announced this week that it has signed a contract to build a 100-acre algae to biodiesel facility.
The plant will use the CO2 emitted from the plant to feed the algae, which reduces the overall emissions of the facility.
Algae oil will be produced at the plant, and other existing facilities will convert that algae oil to biodiesel.
Biotech Research, Inc. (BTR) has signed the contract with GSPI, and preparation for construction will begin in March 2008. BTR is planning to build several 1000-acre algae facilities.
Algae is much more efficient of a biofuel than what is used currently (corn and sugarcane). Algae absorbs CO2, and produces 100 times more oil per acre than other biodiesel sources such as soy.
Via :: Green Progress :: GSPI Press Release