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GreenGold Ray Energies to double jatropha crude oil output by 2011
Added 268 days ago - Green Gold Ray Energies, Inc. is aiming to double its jatropha-derived crude oil output by 2011 through continuous increase yields of jatropha feedstocks, while it increases its jatropha plantations, the company announced today. The jatropha plantations are expanding from 5,000 hectares to over 30,000 hectares by the end of 2009.
GreenGold Ray Energies is currently working with the indigenous people in Mindanao Island, Phillipines, in developing jatropha cultivations.
The company’s board has voted to install a crude oil processing plant, enabling the company to immediately generate revenues in early 2010.
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