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Phycal Wins $24.2M for Algae Fuel Research

August 7th, 2010 | No Comments | Posted in Algae-Energy-Investments, Algae-Fuel-Research

Phycal LLC, which has an algae biotechnology laboratory at the BioResearch and Development Growth Park (BRDG) at the Donald Danforth Plant Science Center, has won a $24.2 million federal research grant.

Phycal, led by President and CEO Kevin Berner, researches how to develop a production system for growing algae and extracting an energy product, primarily algal oil. This oil can be converted into biodiesel, drop-in “green” replacements for diesel and jet fuel, fuel oil blends, and other products.

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