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Seambiotic, one of the oldest companies in algae, has signed a deal with China Guodian Corp. to build algae farms near power plants in that country.
The first farm, opening in 2010 in Penglai, will cover 12 hectares and cost about $10 million. Seambiotic specializes in open "racetrack" ponds. In these ponds, flue gas from a power plant is circulated into water where multiple strains of algae grow. Add sunlight and time and careful cultivation techniques and in a few weeks you have mounds of slime. Guodian has 100 power plants to the deal could grow. Since 2003, Israel-based Seambiotic has been in the prototyping and pilot stage: this marks a transition toward larger commercial production.
Instead of producing algae for cars, Seambiotic grows it for the nutraceutical and pet food markets: oil for nutraceuticals and protein for pets.
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This is cool, this method vastly outweighs the standard destruction of algae cell to gain access the fuel, all this needs to be able to do is get the Mass Balance right and the yield per kg/tonne - "algae bill" New Zealand
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