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Is algae widely used in biotechnology?

Is algae widely used in biotechnology?

o Algae are used as biofertilizer for crops as rich source of nitrogen, phosphorous, potassium, iodine, iron, calcium, silica and vitamins. o Algae have been recommended for pesticide and heavy metal bioremediation. o Algae are used in formation of biosolar cells.

How much does it cost to produce algae?

The baseline algae production cost is estimated to be $1,137/short ton (st) algae, on an ash-free dry weight (AFDW) basis (2016 US$). Sensitivity analyses probe the areal productivity, support structure cost, and PBR bag replacement cost and life as significant impact factors affecting the system cost.

Which algae used for research work?

Algae-Derived Compounds for Human Usage

S.No . Algae Algae based companies
1. Spirulina(Arthrosphira) Hainan Simai Pharmacy Co.(China)Earthrise Nutritionals(California, USA)Cyanotech Corp. (Hawaii, USA)
2. Chlorella Taiwan Chlorella Manufacturing Co. (Taiwan)
3. Dunaliella salina Cognis Nutrition and Health(Australia)

What is the formula of algae?

Algae production integration with power generation and wastewater treatment. In the above equations, the chemical formula C106H263O110N16 represents algal biomass [32].

What are the industrial uses of algae?

Commercial and industrial algae cultivation has numerous uses, including production of food ingredients such as omega-3 fatty acids or natural food colorants and dyes, food, fertilizer, bioplastics, chemical feedstock (raw material), pharmaceuticals, and algal fuel, and can also be used as a means of pollution control.

Are algae farms profitable?

How much profit can an algae farm make? If your 100-acre farm earned 10 cents per gallon in profit and produced 15,000 gallons per acre per year, your annual net earnings would equal $150,000.

How much does an algae bioreactor cost?

Photobioreactors represent perhaps the highest cost item in algae cultivation. Photobioreactors are expensive owing to their sophistication. Currently (as of Aug 2010), Photobioreactor costs range between $70-150/ m2, though there some up and coming companies that claim to provide these at much lower capital costs.

Which algae is mostly used in pharmaceuticals?

Chlorophyts, Bryophyta algae are used for the extraction of these healthy and essential fatty acids. N-6 PUFA is a diet rich fatty acid which is derived from the above. The fatty acid content in algae makes it a well-known bioactive compound which is very useful in the pharmaceutical industry.

Is a algae a producer?

Like their aquatic and terrestrial plant relatives, algae are primary producers, known as autotrophs. Autotrophs convert water and carbon dioxide to sugar (food) in the presence of sunlight. This process, photosynthesis, generates oxygen as a by-product.

What is the commercial value of algae?

Algae are economically important in a variety of ways. The natural substance can be used as a food source, a fodder, in fish farming, and as a fertilizer. It also plays a key role in alkaline reclaiming, can be used as a soil binding agent, and is used in a variety of commercial products.