Algae BioFuels, a wholly-owned subsidiary of PetroSun, has selected Alabama for field trials in the Gulf Coast region for algae cultivation in open and closed systems. Algae BioFuels will use the algae as feedstock in fuel production.
Meetings with state officials are being scheduled for late February to determine a start date and site selection for these field demonstrations.
Independent studies have demonstrated that algae is capable of producing 30 times more oil per acre than the current crops now utilized for the production of biofuels. The algae biomass material could also supply annually up to 100,000 pounds of animal feed per acre with a 50% protein content.