Algae Bioenergy Solutions, a Georgia based algae to fuel company, to Use Algae in Place of Soybean Oil
Algae Bioenergy Solutions (ABS), LLC, a Georgia-based algae-to-fuel company is planning to start its algae biofuel production the beginning of July. Chuck Pardue, the president of the parent company Green Valley Biofuels has announced that the algae project will open on July 15 at its Dixon Airline Road facility. According to Pardue the location will be an ideal one for them since several modes of transportation are accessible.
Currently soybean oil is used at the manufacturing facility of Green Valley Fuels. After the commencement of production in the Dixon Airline Road facility, the soybean oil will be completely replaced with algae over the coming years and they’ve been working on it since 2007.
Green Valley Fuels Production Facility
Algae is now grown in modular systems, which Pardue hopes to expand with the help of more funds. For the July opening, the facility will have one 1,000-square-foot module and a laboratory. The company will employ 10 to 12 people to start but plans to hire more than 200 over the next two years.
Photobioreactors in ABS’s production facility
ABS is currently in Phase II of a multiple year renewable fuels project. The first phase of the project consisted of building Green Valley Biofuels, LLC, permitted for 35 Million gallons a year (expandable to 50 million gallons a year) biodiesel plant in Warrenville, South Carolina, which was completed in 2010.
In Phase II, ABS will own a substantial ownership interest in the Green Valley biodiesel plant and will complete the first of several algae production facilities. Phase Two will require $10,000,000 equity investment from this private placement. The equity investors will earn income from the existing biodiesel plant and revenue from the algae production facility.
ABS is in the plan of developing additional nearby algae production sites and earn additional net revenues. According to the company, algae development is ideally suited in the Southeastern United States, because of the availability of water and excellent climate. Over the next 5 years ABS will develop multiple sites in the Southeastern United States to help meet increased demand for algae oil. ABS may acquire low cost closed textile sites with their extensive infrastructure improvements that can be easily be modified to grow and process large volumes of algae oil and starch for ethanol, fertilizer, or animal and fish feed.
Algae Bioenergy Solutions works closely with BARD Holding Inc., which is managing the technical side of the venture. BARD is a U.S. based commercial-scale algae production company located near Philadelphia, PA. Over the past 4 years, BARD has developed a unique algae production system to produce high-grade algae oil which can be converted to biodiesel and jet fuel, as well as used in numerous products in the nutraceutical and pharmaceutical markets. The production system utilizes modular photo-bioreactors which are vertical chambers that provide an optimal 24/7 growth environment for algae to flourish. In late March BARD shifted from R & D to commercialization phase in its Morrisville facility.
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