Cambridge company to test turning algae into biofuel

[OKIsItJustMe]

http://www.bizjournals.com/boston/stories/2008/04/14/daily1.html

Monday, April 14, 2008 - 9:13 AM EDT

Cambridge company to test turning algae into biofuel

Boston Business Journal - Boston Business Journal

Cambridge's GreenFuel Technology Corp. will participate in a 195-day test to determine whether algae production can produce energy.

GreenFuel and Omaha's Green Plains Renewable Energy recently received preliminary approval from the Iowa Power Fund for a $2.3 million grant to fund research and development of algae-based biofuel feedstock production.

The project is expected to use carbon dioxide to produce approximately 8 kilograms of algal biomass per day. If the test is successful, the project could be expanded for feasibility and commercialization, Green Plains said in a statement.

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GreenFuel said oil yields from algae are estimated at several thousand gallons per acre, while oil yields from soybeans are approximately 65 gallons per acre.

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