Private-Public Consortium Plans Biofuels Plant

Eric Hal Schwartz8/4/09

Plankton Power, a Wellfleet, MA-based company developing ways to turn algae into renewable biofuel, announced in a press release today that it will plans on opening a manufacturing plant to produce biofuel from algae on the Massachusetts Military Reservation (MMR) in Bourne, MA. To build the factory, Plankton Power, along with the Regional Technology Development Corporation of Cape Cod, the Massachusetts National Guard, Woods Hole Oceanographic Institution (WHOI), the Marine Biological Laboratory (MBL), and the Cape Cod Commission have formed the Cape Cod Algae Biorefinery Consortium. Plankton Power said it expects pilot-scale production to begin next year.

Eric Hal Schwartz was an intern in Xconomy's Seattle office.