The U.S Department of Energy’s ARPA-E Program has awarded $22 million to support development of technologies that will accelerate the deployment of advanced ocean farming systems capable of delivering renewable biomass feedstock at a cost competitive with terrestrial biomass feedstock.
Catalina Sea Ranch has teamed with global seaweed/kelp leaders for commercializing a projected potential multi-billion-dollar industry offshore California. Watch a video about the project, below: