Algae-biofuel plant gets funding, set to start operations this summer

Joule, a biofuel company, announced that it had gotten $70 million in funding to build a large demonstration plant.  Joule is working on algae-based biofuel production, using solar-panel-like facilities that expose the algae to as much sun as possible.  Always good to see actual progress being made – we’ll see whether it proves to be scalable to industrial production levels.

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