W2 Energy Begins Negotiations to put Algae Oil Plants in the Caribbean

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W2 Energy Inc., a developer of green energy, is pleased to announce its marketing arm has begun negotiating with several organizations and governments in the Caribbean to build commercial scale Algae bioreactor to produce biofuel. The company's Sunfilter Bioreactor is a low cost, low energy consuming bioreactor capable of producing biodiesel.

The algae for fuel market is a quickly growing market. Recently Exxon announced on CNN and through commercials that it is beginning to develop algae production for the production of fuel in the US. W2 Energy has already developed the technology and expects to have several production units in the Caribbean by the middle of 2010.

The significant number of sun hours in the Caribbean are ideal for the production of biofuel using the the W2 Energy Sunfilter bioreactor. The Company expects that the algae to biofuel program in the Caribbean will be a great success.

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