Bio-farms, which are comprised of tanks of algae in seawater, profitably digest CO2 from oil and gas generators so that they can be used to produce clean electricity for data centers and heavy industry. INNOVO bio-farms are seven times more profitable than solar power. We are building many bio-farms in the USA and Australia to supply the $ 16B of orders for algal oil for sustainable aviation fuel. We are also building many gas-powered net zero data centers with bio-farms.
Half of global CO2 emissions are digested by algae in the oceans in sunlight through photosynthesis, just like trees. Algae are grown on land in seawater and freshwater in shallow ponds with paddles.
Algae ponds have been around for decades and there are hundreds of small algae companies around the world with small-scale but profitable production.
There are over 50,000 different species of algae yielding many high-value products, including sustainable aviation fuel, animal feed, fish feed, food supplements like omega-3 oil, and food colorants. Algae are used as natural ingredients for cosmetics, including anti-aging creams and weight loss supplements. They are also natural ingredients for pharmaceuticals.
Work has also started with one of Asia's biggest contractors on a $ 2B bio-farm with power generation. The bio-farms are eligible for $ tens of billions of capital for this build program. Some of the world's biggest EPCC Contractors are already building bio-farms and data centers. Each bio-farm needs hundreds of employees, so the world's biggest contract manufacturing companies will operate them.