Progress at HRBP has been strong and steady. We are successfully addressing algae strain development and optimization with our partner Cellana, as well as designing the upstream and downstream components to build our first commercial plants. In addition, we are partnering closely with community and industry leaders to complete our first commercial plants, including HECO/MECO, for a plant beside the Maaleaa electric power plant on Maui which was announced in July 2008. Our technology is unique and patented. We are applying this technology to mitigate the CO2 stack gases from power plants, cultivate proprietary natural algal strains resulting in algal oil and biodiesel which will in turn power the electrical plants. This approach enables Hawaii to become self reliant, reduces the cost of electricity for everyone, while at the same time helps to clean up our environment.

What are HRBP’s goals for energy solutions?

HRBP is positioned to be the leading company to make large-scale algae-based feed stocks a commercial reality in the next 3-4 years. Our goal is to be the best integrator of proven technologies and processes to provide bioenergy solutions, while simultaneously improving our environment. We have a proven process that has been validated at pilot scale for over 10 years. We have a strong intellectual property estate consisting of issued patents, patent applications, and proprietary know-how. Most importantly we have an accomplished team of scientists and managers with the intent and ability to build a capable team of talented professionals and develop a portfolio of profitable, large-scale, commercial algae facilities.

What types of energy solutions do you see for the future?

I believe in the power of science and the power of creativity. I also believe a mosaic of energy solutions will be required to meet our global needs. Henry Ford’s use of corn starch ethanol was a small biofuel stepping stone that will still be a minor part of the mix for some geographies. Cellulosic ethanol will become reality in a few years to address some transportation needs. Solar, wind, and nuclear power will also be a part of the solution for energy needs. In fact, a solar powered automobile was introduced this year. Algae solutions can play a huge role. As an example, approximately 150 billion gallons of biodiesel could meet all the transportation needs of the United States annually using the existing transportation infrastructure. This amount can be met with 8 to 10 million acres (less than 2% of landmass and compared to 95 million acres of corn grown annually) of algae plant production using non agricultural land, not requiring fresh water or competing with food crops. The capital dollars required to do so would have a one year payback based on what the U.S. pays annually for the importation of fossil fuel. This gives the U.S. opportunity to be energy self reliant. The technology to do so is knocking on the door; we just need the courage to open it!

What do you see as some of the major energy issues Hawaii is Facing?