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.

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