03 May '11, 1pm

Aurora: Our Algae Ponds Are Open: Starvation is a big part of the business plan, says Aurora CEO Greg Bafalis....

Starvation is a big part of the business plan, says Aurora CEO Greg Bafalis. Aurora grows algae and converts it to biodiesel, omega-3 oils for food producers and algae power that can be sold as pet food or protein. If you starve the algae, they produce more oil: roughly 30 percent of the mass turns into oil, he said. In non-starvation mode, only ten percent of the mass turns to oil. Thus, depending on demand, Aurora can tweak its ponds to achieve different outputs. Whether and how the process works on a large scale will soon be seen. The company -- which to date has grown its algae mostly in swimming pools in Florida -- has erected six one-acre ponds in northwest Australia that can produce 15 tons of dry, ash-free biomass per month. Later this year, it will open a five-acre pond in or around July. The five-acre pond will then become a modular unit for larger algae farms. "...

Full article: http://www.greentechmedia.com/articles/read/aurora-our-al...

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