This article is obviously so watered down as to be useless, but the underlying paper seems to be https://www.mdpi.com/1996-1073/17/7/1749 (found by Googling the author)
> A maximum power of 985 µW was predicted with these configurations. In addition, the conversion efficiency of the micro-photosynthetic power cell, which is discussed in this manuscript, has a light input to electricity conversion efficiency of 0.18%. This is smaller in comparison with conventional photovoltaic cells.
The most important part.
But I guess if land use isn't an issue, the algae could potentially be cheaper on a dollars per watt basis? Floating algae farms in the oceans and such.
When I first saw Concordia, I was disappointed it wasn't the one I knew, but it actually is.