Washington – The Energy Department announced $3.5 million for an algae project aimed at accelerating the development of sustainable, affordable algal biofuels…
Cellana LLC, in Kailua-Kona, Hawaii, will receive the funding to develop a fully integrated, high-yield algae feedstock production system by integrating the most advanced strain improvement, cultivation, and processing technologies into their operations at their Kona Demonstration Facility.
The department has a goal to produce 2,500 gallons of algal biofuel feedstock per acre per year by 2018, an important milestone toward reducing the cost of algal biofuels to cost-competitive levels of 5,000 gallons per acre per year by 2022.
Photo caption: Funding goes to Cellana in Hawaii to develop an algae feedstock production system.
View original article at: DOE awards $3.5M to develop algal biofuels