The funding enabled the company develop a pilot production facility that consistently produces between 12-15 metric tons of algal biomass per month besides aiding the development of cost-effective and resource-efficient methods for growing, harvesting, extracting and producing high-quality, algae-derived products.
Commenting on the development Aurora Algae managing director Matthew Caspari remarked that the LEED funding was critical for the success of the pilot program and will play a key role in the expansion of production at the demonstration facility.
"Aurora Algae plans to break ground in Maitland in 2014 for an expanded commercial facility consisting of 100 hectares (250 acres) of algae ponds, capable of producing up to 600 metric tons of biomass per month, and scalable to 2,000 hectares (5,000 acres)," said Caspari
Aurora Algae uses CO2 as a feedstock instead of sugar or corn and following the success of its pilot, it will develop products for nutraceuticals, pharmaceuticals, aquaculture and renewable energy sectors.
