Evogene Ltd. and Orfuel Inc., a US subsidiary of Ormat Industries Ltd., have signed an agreement with the BIRD Foundation (Israel-US Binational Industrial Research and Development Foundation) to obtain a $1 million grant for support of a joint biofuel project.
The Evogene and Orfuel joint project is aimed at providing substantially improved feedstock sources for biodiesel production. The companies will collaborate to develop non-edible plants that display improved oil yields and are capable of being grown in non-arable lands, thus addressing key problems facing the industry.
(Sourced here)
Sunday, December 23, 2007
Evogene and Orfuel receive biodiesel grant
Labels:
biodiesel,
biofuels,
Birdf,
Evogene,
Orfuel,
Ormat,
United States,
venture capital