GreenFuel not giving up, with another $13.9M for algae farms
It seems like a good idea, at first: Pipe carbon dioxide emissions from power plants or industrial processes through water containing algae, and the algae will absorb the CO2 for its own growth, in turn being harvested to make biodiesel. But like most good ideas, the implementation has proven more than a little tricky.
GreenFuel Technologies is a startup we’ve covered followed as it moved from high-flying newcomer, to apparent failure, back to spotlight darling. The… Continue Reading