I wrote about Oil from Algae in my post last January http://wood-pellet-ireland.blogspot.com/2008/01/oil-from-algae.html
Seems like this algae to oil idea has taken serious hold in the US of A according to a just published announcement.
US corporation PetroSun has just announced the opening of its Rio Hondo, Texas algae farm on April 1, 2008. (Hope it is not just an April Fools Day affair)
It is PetroSun's first commercial algae to bio-fuel facility. The algae farm is on 1,100 acres of saltwater ponds. It will eventually produce, the company say, a minimum of 4.4 million gallons of algal oil and 110 million pounds of biomass yearly.
The Company also plans to establish algae farms and algae oil extraction plants in Alabama, Arizona, Louisiana, Mexico, Brazil and Australia during 2008. The algal oil product will be marketed as the basic oil product to bio-diesel refineries.
PetroSun has its headquartered in Scottsdale, Arizona. Their website is at:
Good luck to PetroSun, I hope their investment pays off in a big way - we will all benefit!