GNE Global Natural Energy Ltd. is an algae tech company with unique systems to grow algae commercially for energy and food. The Company was founded by top experts in the plant and algae field after several years of research and development to create affordable and viable algae biofuel systems.
GNE-India is a wholly owned subsidiary of World Health Energy Holdings, Inc., a public holding company operating in the alternative energy sector.World Health Energy Holdings, Inc. is an emerging renewable energy and biofuel company. The company will produce, sub-license and market high-quality, low cost B100 Biodiesel to replace traditional fossil fuels with proprietary algae biofuel systems.
In November last year, GNE-India, had signed a letter of intent with Prakash Anthony via a joint venture to install a 250 acre commercial farm on premises located in the Ramanagara District of Karnataka, India in order to produce fish feed and Algal Oil. The initial project will consist of a 2.5 acre system known as the GB3000, an Algae Enhancement Technology used for growing algae.
World Health Energy Holdings, Inc. (OTCQB: WHEN) (PINKSHEETS: WHEN), a public holding company developing joint venture partnerships for algae production for biodiesel and commercial fish food, announced that GNE’s algae production facility has successfully grown and harvested Spirulina using the proprietary GB 3000 algae growth system.
Spirulina is a valuable nutritional food crop and is sold around the world as a food supplement at over $50 US per Kg. Spirulina contains 70% protein with a wide range of amino acids, beta carotene, vitamins in the B group, especially B12, calcium, iron, potassium and zinc, as well as antibiotic agents and antioxidants. The successful production of Spirulina is a significant milestone because it is a specialized crop that is more delicate than other species.
The algae production facility is currently conducting tests on the average rate of production of dry biomass, and will announce the results in the coming months.
Jeremy Werblowsky, CFO of World Health Energy Holdings, said, “This announcement is important in that it validates the significant value of the GB 3000 algae growth technology. Our success with Spirulina paves the way for WHEN to utilize the GB 3000 algae growth system for other pharmaceutical and nutraceutical crops.”
Werblowsky added, “We look forward to finalizing the joint venture partnerships currently in negotiations for the building of commercial algae farms for the production of biodiesel and, in the case of Spirulina production, highly nutritional and economical commercial fish food.”