Environment News Service: In a world`s first, Algae.Tec has signed a deal with Australia's largest power company to site an algae carbon capture and biofuels production facility beside a big coal-fired power station near Sydney.
Owned by the New South Wales government, Macquarie Generation has signed an agreement to site the Algae.Tec facility next to the 2,640 megawatt Bayswater coal-fired power station in the Hunter Valley in New South Wales.
The announcement was made July 2 by NSW Resources and Energy Minister Chris...