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Sapphire Energy has selected New Mexico as a prime location for it's year-round algae growth and refinement project because of its brackish water aquifers, sunlight with low humidity and carbon dioxide levels, company spokesman Tim Zenk said Wednesday.
The fast growing plant relies on photosynthesis and salt water and is grown in long "runways" like dirt irrigation canals.
Crops are rotated about every 15 days and produce about 3,800 gallons of oil per acre -- a yield 10 times that of corn or soy biofuel production, Zenk said.
Nearly $1 million in funding for the project is included in the Fiscal Year 2009 Omnibus Appropriations Bill expected to go before the Senate in coming days, according to a spokesperson for U.S. Sen. Tom Udall. The funding is a good start to get the project underway in the Portales area.
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