DOE Announces $8.8 Million In Funding For Algae Technology Innovation Projects
U.S. Department of Energy (DOE) selected an additional four Productivity Enhanced Algae and Toolkits (PEAK) projects to receive up to $8.8 million. The projects aim to develop high-impact tools and techniques that will increase the productivity of algae organisms to reduce the costs of producing algal biofuels and bioproducts. 
In total, DOE has awarded over $16 million in funding to the initiative.
