Algae Bioenergy Solutions (ABS) proposes to develop a 40 million gallon per year algae processing plant in Augusta, Georgia to produce algal oil for biodiesel. ABS will utilize nutrients from waste water treatment plants and CO2 to grow algae inexpensively using photo-bioreactors. Any excess electricity produced will be sold locally and dry algae product will be used as fertilizer or animal feed. ABS has agreements in place to sell the algal oil to a nearby biodiesel plant and believes this project can be profitable by minimizing capital and operating expenses.