What is the latest status of the project “Sapphire Energy Algae Farm”?

The status recorded for “Sapphire Energy Algae Farm” is planned.

What is the budget and commercial profile for the project “Sapphire Energy Algae Farm”?

Taiyo normalizes the budget of “Sapphire Energy Algae Farm” to USD 144000000.

Where can I verify the source and access all details for “Sapphire Energy Algae Farm”?

This Taiyo project page references MIT Technology Review along with the original URL (https://www.technologyreview.com/2012/04/06/186856/sapphire-energy-raises-144-million-for-an-algae-farm/). Taiyo standardizes official data into a consistent, searchable project profile.

Sapphire Energy Algae Farm

Sector: Oil and Gas • Location: Columbus, New Mexico, United States

Source: MIT Technology Review

Project

Planned

Sapphire Energy has raised $144 million to build a 300-acre algae farm in New Mexico, aimed at producing algae-based fuels. The project is part of a larger effort to scale up algae oil production and reduce costs associated with algae fuel production.

Status: Prospective
Sector: Oil and Gas, Raw Materials
Location: Columbus, New Mexico, United States of America
Updated: 22 Jul 2026
Source: MIT Technology Review

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Project Information

4 Q

The project “Sapphire Energy Algae Farm” is an infrastructure initiative in the Oil and Gas sector, located in Columbus, New Mexico, United States. Taiyo aggregates data on it from MIT Technology Review.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Sapphire Energy has raised $144 million to build a 300-acre algae farm in New Mexico, aimed at producing algae-based fuels. The project is part of a larger effort to scale up algae oil production and reduce costs associated with algae fuel production.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	New Mexico
City	Columbus

Source

Source	MIT Technology Review
URL

More Details

Record type	Project
Sector	Oil and Gas, Raw Materials
Article published date	2025-03-20

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