Algae Systems turns algae to biofuels
Algae Systems has finished constructing its biofuel production demonstration project in Daphne, Alabama.
The company uses a process that combines wastewater with algae to cultivate the world's first energy-producing wastewater treatment process, using carbon-negative technologies to produce biofuels.
'This is the first demonstration of producing clean water and biofuel from wastewater and algae. We have demonstrated that we can treat wastewater at a low-cost while beating the current price of fuel,' says Matthew Atwood, president and CEO of Algae Systems.
Algae Systems' technology converts wet algae and other biomass feedstocks into bio-crude oil, which is transformed into diesel, jet and petrol.
'Our next steps are to find commercial sites and raise additional financing for the company to expand,' adds Atwood.