GreenGold Ray completes first phase of jatropha planting

GreenGold Ray Energies, a biodiesel, green technology and alternative-renewable energy company, said it has completed planting approximately 100,000 acres in the Mindanao region of the Philippines with jatropha. “We are glad to have completed the first initial phase of the conversion as we are now poised to become a leader in the production of biodiesel,” said Manolo Tecson, CEO of GreenGold Ray Energies. Jatropha providing a significant amount of raw material for the production of the company’s bio-diesel. The Mindanao region is said to be ideal for planting jatropha because of it has perfect growing conditions to yield favorable harvests ad tehre are vast tracks of land available for planting. Jatropha is among one of the feedstocks being developed for biodiesel. (November 4, 2010)