Biodiesel from Algae?

Algae is a greenish wet mass made up of simple aquatic organisms that capture light energy through photosynthesis,and produces vegetable oil. This oil can,in turn,be transformed into biodiesel to power any diesel engine.
A start up called Solix labs has plans for converting algae into biodiesel fuel.

Algae has some important advantages over other oil-producing crops, like canola and soybeans. It can be grown in almost any enclosed small space,multiplies like gangbusters, and requires very few inputs to flourish—mainly just sunlight, water and carbon dioxide.

Algae doesn’t need fertile soil to thrive. It can grow in ponds, bags or tanks.It can even reduce global carbon emissions by feeding on the CO2 which can be harnessed for their growth from carbon emitting power plants. If the company succeeds, it will be a giant leap towards a greener future for gas-guzzling USA.