Global Algae Innovations Biofuels Farm
USA
Greenfield
Overview
Status
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Greenfield
Region
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North America
Geography
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USA
State
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California
Equity Owner
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Global Algae Innovations
Proponent
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Global Algae Innovations
Output
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Direct air capture
Renewable diesel
Sustainable aviation fuel
Type of electricty
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Capacity
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50,000 gallons/year
Financing
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Technology
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Technical Advisors
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Advisors
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Project Contact
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David Hazlebeck, Founder
Lawyers
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Project Cost
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Offtaker
-
Commercial Operations Date
-
Decommission Date
-
FID
-
Description
An algae farm producing algae oil for biofuels, polymers, and polyunsaturated fatty acids, as well as protein for food, and feed trials, and Spirulina for the nutraceutical market.
The projected cost for commercial scale production of algae jet and diesel fuel is $2.50/gallon of gasoline-equivalent (GGE) facilities.
The project should use technology for algae cultivation based solely on carbon dioxide supplied through direct air capture.
It is anticipated to have a 50,000 gallons per year biofuel intermediate production rate.
Carbon dioxide is directly absorbed from the atmosphere into the open raceways so that no separate carbon dioxide concentrating or distribution system.
The raceways are designed to be scaled to 160-acres.
Global Algae was founded in 2013 by David Hazlebeck.