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Algae farming technology ! Indiana Posted by Emily on Wed October 20 2010 02:47:41 AM

An Indiana company is using algae to address the nation's dependence on overseas energy sources. Indianapolis-based Stellarwind BioEnergy LLC is commercializing algae oil to be used as a clean-burning fuel or refined into a high-octane gasoline or aviation fuel, which can be stored and transported through current infrastructure. President and Chief Executive Officer William Kassebaum says algae oil is also more efficient than corn-based ethanol.
  Kassebaum says the company is currently awaiting patent approval of its farming technology and is raising the funding to build out its pilot demonstration system, as well as its commercial system. 
He says both projects should be complete next year. 
Source: Inside INdiana Business