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Seambiotic, one of the oldest companies in algae, has signed a deal with China Guodian Corp. to build algae farms near power plants in that country.
The first farm, opening in 2010 in Penglai, will cover 12 hectares and cost about $10 million. Seambiotic specializes in open “racetrack” ponds. In these ponds, [...]

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Saudi Arabia first disclosed plans for the carbon injection project in October, but Mr al Naimi detailed a longer-term strategy noting that the eventual goal was to tie carbon capture with the kingdom’s interest in producing biofuels from algae.
“We are looking at capturing carbon dioxide, injecting it in sea water, creating [...]

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Press release
As several industrialized nations rush to dampen the expectations of Copenhagen, NASA has launched a new mission. The payload: Algae Systems – a new company started by NASA engineers and seasoned biofuel industry veterans to launch a profitable global solution for reducing greenhouse gases. 
Algae Systems: Producing Carbon-Negative Diesel and Jet [...]

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The Linde Group and the US company Algenol Biofuels LLC have agreed to collaborate in a joint development project to identify the optimum management of carbon dioxide (CO2) and oxygen (O2) for Algenol’s algae and photobioreactor technology.
The research collaboration builds on a process developed by Algenol Biofuels and other partners. This [...]