Bill Gates invests in Algae Biofuel Company
Posted by Jonathan Williams on Sep 18th, 2008
2008
Sep 18
Bill Gates is nowing throwing his support behind behind algae to oil technologies by providing some capital for San Diego based Sapphire Energy. This company now has over $100 million in investments and is looking to create a facility that could produce 10,000-barrels-a-day of algae-based oil.
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Whether or not they are actually successful in there endeavor isn’t that important. What is important is that people like Bill Gates are actually taking notice of algae-to-fuel technologies.
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Once again people, algae biofuel is one of the most promising alternative fuel sources. Pretty soon this will start to get main stream and national attention.
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More of this story can be found here
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