Bio-farms Convert CO2 Into Clean Energy and Profitable Products
Bio-farms in the desert sunshine are being financed which are capable of farming algae in seawater to yield many profitable products including Sustainable Aviation Fuel, fish feed and animal feed.
Algae have been grown for decades to produce a wide range of profitable products but only at small scale. INNOVO is planning to build large-scale bio-farms in N. America and Australia.
A 300-acre profitable bio-farm has an IRR of over 36% over 8 years and a payback period of 5 years. It is 4 times more profitable than wind or solar and absorbs 3 times more CO2 per $ capex than wind or solar. We are building multiple bio-farms starting in N. America and Australia.