Additional Funding for Jatropha Project in Guatemala
October 16, 2013New article: http://www.biofuels-news.com/industry_news.php?item_id=6893
| |
The energy crop company SG Biofuels (SGB) has signed a mandate letter with the Inter-American Development Bank (IDB) for the debt financing of its $76 million Jatropha bioenergy project in Guatemala. IDB will consider participating in the debt financing subject to its satisfactory analysis of the project.
Jatropha curcas is an energy crop that is native to the Guatemala region – grown on sub-prime land that is not desirable for food production. The 25,000-acre jatropha project aims to produce 6.2 million gallons of plant oil and 640,000 tons of biomass per year, while stimulating rural economic and social development, including the creation of more than 1,000 new jobs, improved infrastructure and health and education programs.
The project will utilize SGB's improved Jatropha hybrids – products of five years of breeding, drawing from a diverse germplasm that includes more than 12,000 genotypes.
| |
Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10.
-
See more articles:
-
News from Around the World
- World Food Day Focuses on Sustainable Food Systems
- New Report Urges Changing Course to Feed the World in 2050
- International Team Uncovers Mechanism for Natural Plant Immunity
- Study Reveals Stakeholder Views and Positions on GM in Africa
- AfDB Donates Fund to Boost Agriculture Research in Africa
- Epigenetic Factors Identified as Key to Prevent Low Yield in Wheat
- New Insect Resistant Soybean Under Commercialization Evaluation
- FSANZ Calls for Public Submissions on GM Lucerne
- GM Crops Need Legal Framework for Growth in Vietnam
- ICRISAT Holds Training on Genebank Management
- EFSA Addresses Questions on Risk Assessment Transparency
- Paterson Strongly Fights for Golden Rice
- Scientists Reveal Series of Events that Led to Evolution of Plants from C3 to C4 Photosynthesis
- Irish Farmers Association Calls on EU for Biotech Solutions to Reduce Crop Losses
- Study Provides Insight on Breeding Tomato with Desired Flavor
-
Research Highlights
- Scientists Develop Drought Tolerant Tomato
-
Beyond Crop Biotech
- Combined Biotech Approaches Reveal Spread of Cancer Cells
- Study Explains Why Some People View Things Negatively
-
Announcements
- Crop Science and Biotechnology Roundtable
-
Read the latest: - Biotech Updates (May 7, 2025)
- Gene Editing Supplement (April 30, 2025)
- Gene Drive Supplement (February 22, 2023)
-
Subscribe to BU: - Share
- Tweet