Sapphire Energy expects to double output of jet fuel and diesel to 1 million gallons by 2011, 100 million gallons by 2018, and 1 billion gallons by 2025 – all from algae.
Sapphire’s products and processes in this category differ significantly from other forms of biofuel because they are made solely from photosynthetic microorganisms, using sunlight and CO2 as their feedstock; are not dependent on food crops or valuable farmland; do not use potable water; do not result in biodiesel or ethanol; enhance and replace petroleum-based products; and are low carbon, renewable and scalable.
Bill Gates is a major investor in Sapphire Energy.