Vepower does deal with Jatropha Africa
Dedicated to the production of sustainable energy, UK-based Vepower has entered into an exclusivity agreement with biofuel feedstock company Jatropha Africa, with the goal of financing the company’s 50,000 hectare plantation in Ghana, West Africa.
In five years the plantation in Ghana will have matured and yield as much as 1400kg of crude jatropha oil per harvest. The jatropha plantation can be expected to give 70,000 tonnes of oil annually. This would produce enough biodiesel to power over 60,000 cars for one year.
However Vepower will not be converting the whole 70,000 tonnes into biofuels. Instead it will be sent to the National Grid to power local homes and businesses.
Vepower is in negotiations with other plantations and is setting up its own plantation in Pakistan with the support of the regional government.
In similar news Vepower is to break ground on its new jatropha nursery in southern Europe.
The company has partnered with Private Energy Development and Management to establish a nursery for the growing of jatropha saplings.
The firm is aiming to aid plantation owners in developing their plots without the issue surrounding the nursery phase. The plants will be cultivated for 90 days in order to enhance their natural resilience and hardiness. After 90 days they will be ready for shipping internationally.
Vepower expects to be shipping its first crop in September 2010.
In five years the plantation in Ghana will have matured and yield as much as 1400kg of crude jatropha oil per harvest. The jatropha plantation can be expected to give 70,000 tonnes of oil annually. This would produce enough biodiesel to power over 60,000 cars for one year.
However Vepower will not be converting the whole 70,000 tonnes into biofuels. Instead it will be sent to the National Grid to power local homes and businesses.
Vepower is in negotiations with other plantations and is setting up its own plantation in Pakistan with the support of the regional government.
In similar news Vepower is to break ground on its new jatropha nursery in southern Europe.
The company has partnered with Private Energy Development and Management to establish a nursery for the growing of jatropha saplings.
The firm is aiming to aid plantation owners in developing their plots without the issue surrounding the nursery phase. The plants will be cultivated for 90 days in order to enhance their natural resilience and hardiness. After 90 days they will be ready for shipping internationally.
Vepower expects to be shipping its first crop in September 2010.
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