This is a sobering post about a South African company the wasted tens of millions of investors' ran claiming that they were about to deploy algae based biodiesel systems. Turns out they were frauds. They were licensing Green Fuel technology. Fortunately t
According to this article, De Beers Fuel (unrelated to the diamond company) is planning a fiver year investment of about $500 million to eventually grow 800,000 acres of algae to be used to make biofuels. They're using an algae from Green Fuels and a bio
This article mentions that Greenfuels and APS have actually created biodeisel and ethanol from from algae. My understanding is that this a lab bench scale system at this time, but they're building a quarter acre pilot system.
