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Algenol Biofuels: Growing Strong

Discussion in 'General Business & Finance Discussions' started by LPH, Jul 12, 2014.

  1. LPH

    LPH Flight Director Flight Instructor

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    Algenol Biofuels: Growing Strong


    Paul Woods and Algenol expect to turn algae into cheap energy. The process involves growing algae optimized for producing four fuels. The cost for the fuels is approximately $1.27 per gallon.

    According to Woods, Algenol will use its Total Gallons of Liquid Fuel (TGOLF) process to produce four fuels: gas, diesel, jet, and ethanol.

    Algenol plans to build and deploy production sites in the United States, India, and Mexico. The company also formed a partnership with Brazil and Israel.

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