SHK Energy, World Health sign MOU for algae in India
July 1, 2011
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In India, SHK Energy and New York based World Health are looking to form a joint venture for algae production, starting with a five acre site, with plans to expand to over 45 acres in the near term. The two companies have signed a Memorandum of Understanding, and the site being contemplated already has an infrastructure of pumps and pipes running along a water canal, offering much of the resources needed for algae. According to their website, SHK Energy’s mission is “To develop and operate reliable and profitable renewable energy projects.”
Category: Fuels