United Biofuels of America (UBA) has created a program to develop renewable energy farms for potential green tech investors. The President of UBA, Daniel Yépez, says his company along with the partners Day Group and International Energy Advisors (IEA), are developing a biofuel project that’s unique. It could even become larger than Costa Rica’s three main exports combined, and it all revolves around jatropha.
With technology from Applied Research Association (ARA), UBA is on a mission to find more land to create renewable energy farms for the biofuel feedstock jatropha. Producing a million gallons of oil per day from jatropha requires 300,000 hectares of land. “How can we do this within the next five years? We can’t just do it in Costa Rica because there’s not enough land. Therefore, we’ll have to do it around the region. And that’s why UBA was born; to develop renewable energy farms,” Yépez said.
UBA is the first regional biofuel consultancy and development consortium in Central America selected by Shell Oil as Top 25 Global Energy Entrepreneurs. The company hopes to collaborate with as many firms from around the world to help achieve the million-gallon challenge.
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