PetroSun, Inc announced today that it would begin operations at it's 1,100 acre algae to biofuels farm near Harlingen, Texas on April 1, 2008.
The algae farm complex consists of 1,831 acres and contains 94 five acre ponds and 63 ten acres ponds for a total of 1,100 acres of pond area. All are salt water open ponds. The company will extract the oil on site and transport the oil to biodiesel refineries via barge, rail, or truck. The remaining residual biomass will be converted to ethanol or other products.
Full Press Release