14 DAY TRIAL // Solix Biosystems, a Colorado-based company that specializes in the large-scale cultivation of algae for use in various industries, now has plans to build its first commercial-scale algae biomass plant.
The end goal is that of providing for the biofuel industry and presenting farmers with animal feed made from said organisms.
For those unaware, it is believed that fuels made using algae biomass as the raw material can be successfully used in various industries – especially aviation – with the purpose of diminishing the ecological footprint of certain human activities.
Moreover, since algae do not require that agricultural land is made available for their development and growth, it is also argued that this industry does not strain national economies as much as other similar ones do.
More precisely, it seems that all Solix Biosystems will need in order to produce its algae biomass will be photo-bioreactors and Solix Lumian panels, whose joint use will create an environment suitable for growing algae with maximum of efficiency.
Apparently, in order to jump-start and carry out this project, Solix Biosystems first had to come up with the necessary funding.
Thus, nearly $31 million (roughly ₤20 million / €25 million) were made available for this algae biomass plant after companies such as 12BF Global Venture, Southern Ute Alternative Energy LLC and Bohemian Ventures decided to offer their support.
Business Green reports that David Waserstein from 12BF Global Ventures explained how, “We are thrilled to be part of Solix's transition into commercial algae production. The biofuels sector will reward those that can both achieve scale and serve multiple markets with their products.”
He further added that, “Solix has successfully produced one of the highest-productivity algae systems and is now in a position to capitalize on their success by leading the way into algae production at scale.”
Although for the time being it still has not been decided where this algae biomass plant would be built and when construction operations would begin, we are looking forward to hear more news with respect to these green plans for the future.