biodiesel business

Solazyme’s novel biofuel production method involves growing algae in the absence of light. In nature, algae use light to make sugar and then make oil from that sugar. Solazyme skips the light part and just feeds their algae sugar to get them to make oil.

On the heels of a breakthrough which the company claims will make algae oil farming a true competitor to petroleum, OriginOil has filed two patents that may make the production of fuel products from algae incredibly cheap and easy in the near future.

PetroSun has announced it will begin operation of its commercial algae-to-biofuels facility on April 1st, 2008. The facility, located in Rio Hondo Texas, will produce an estimated 4.4 million gallons of algal oil and 110 million lbs. of biomass per year off a series of saltwater ponds spanning 1,100 acres.