SG Biofuels Plans Jatropha Initiative in India
SG Biofuels, an Encinitas, CA-based startup developing biofuels says it has formed an alliance with Bharat Renewable Energy to produce hybrid varieties of Jatropha that can be grown in India and used to produce biodiesel. SG Biofuels says it is optimizing crop species by using environmentally friendly biotechnology to develop elite hybrids of crops with desired traits—not to be confused with genetically modified organisms (GMOs). SG Biofuels and Bharat Renewable Energy, a joint venture of India’s second-largest petroleum company, will work to develop the most commercially viable hybrid varieties and plan to plant more than 86,000 acres of Jatropha.
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