New World Energy, BSH partner to distribute biofuel cooking stoves in Indonesia

| April 29, 2010

In Indonesia, New World Energy, and Bosch and Siemens Home Appliance Group (BSH) of Germany have partnered on a pilot project to distribute the BSH-manufactured Protos, a stove powered by crude plant oil instead of kerosene, the dominant cooking fuel in Indonesia.

The Protos’ clean burning technology is 50% more efficient than traditional kerosene stoves, and utilizes jatropha oil supplied by NWE. The project is now heading into its second phase with a 2010 goal to distribute up to 2000 stoves, using 120,000 litres of oil per annum.

New World Energy is a Jatropha and Castor oil plantation company whose primary business is in the NTB region of Indonesia. The company operates approximately 500 hectares on Lombok with plans to expand to 2500 by the end of 2010. NWE also has 15,000 hectares of farmer co-op plantation models throughout NTB and Sulawesi.

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