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U.S. Department of Energy – Energy Department Announces up to $8.8 Million for Innovations in Algae Technology

September 11, 2017

Today (9/8), the U.S. Department of Energy announced the selection of four additional projects from the Productivity Enhanced Algae and ToolKits funding opportunity to receive up to $8.8 million. These projects will deliver high-impact tools and techniques for increasing the productivity of algae organisms in order to reduce the costs of producing algal biofuels and bioproducts. The funding for this initiative now totals over $16 million, and supports the development of a U.S. bioeconomy that can help create jobs, spur innovation, improve quality of life, and achieve national energy security.

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