In Ethiopia, VayuGrid has signed an MOU with multiple parties to create a biofuels cluster for pongamia in Ethiopia. The cluster will generate $2.5M in investment opportunity as Ethiopia moves toward developing a biofuel park. Phase 1 of the project will involve bringing in a local partner to acquire land and labor, and to secure investors. The ultimate goal of the project will be to scale the technology over 100,000 acres.
Category: Fuels