BIO-FUEL CROPS PRODUCING BIO-DIESEL
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Bio-Fuel Crops Producing Bio-Diesel
A Sustainable Future for Vietnam
GreenEnergy Ltd is paving the way as Vietnam's pioneer in scientifically cultivating bio-fuel crops. Founded by Mrs. Tang Thi Kim Phuong, an entrepreneur and dedicated mother, the company has spent the past three years establishing itself as an integral part of Vietnam's renewable energy future.
Company Overview
GreenEnergy employs a diverse team of 22, including scientists, farmers, international experts, and family members. The company's mission is to transform vast stretches of rural land into thriving bio-fuel feedstock sites. This initiative not only creates job opportunities for thousands of rural Vietnamese but also fuels GreenEnergy's primary business: refining and marketing bio-diesel.
Sustainable Cultivation
GreenEnergy's model is a win-win. The cultivation of bio-fuel crops requires marginal, war-damaged, or barren land, ensuring that it doesn't compete with food production. This approach prevents upward pressure on food prices while aligning with the Vietnamese government's identification of seven million hectares of such land.
Beyond producing clean energy, these operations offer a renewable and sustainable fuel source, essential for Vietnam's development. By significantly reducing fossil fuel reliance, bio-diesel contributes to global warming mitigation, offering a promising future for rural communities.
Global and Economic Importance
The urgency to find alternative energy sources has never been greater, especially with rising crude oil prices and global warming threats. As bio-fuels have the potential to replace fossil fuels, they promise a ‘second green revolution’ ?" revitalizing agriculture and empowering Vietnam's rural sector.
Utilizing bio-diesel can cut CO2 emissions by over 78% compared to petroleum diesel. Furthermore, bio-diesel is environmentally friendly, renewable, and reduces net CO2 emissions with a lower environmental impact.
Strategic Initiatives
Public Sector Initiatives:
GreenEnergy is collaborating with Vietnam's Central Government and aid agencies to rapidly cultivate bio-fuel crops on marginal lands. This collaboration was solidified by a memorandum with the People's Committee of Binh Dinh Province and the establishment of a 500-hectare research and training facility known as BDF-FARMER ENERGY.
Private Investments:
To maintain its pioneering advantage, GreenEnergy invests in proprietary feedstocks and expands its refining plant presence. This strategy also strengthens its integrated supply chain and ensures reliable partnerships with suppliers and customers.
Benefits for Vietnam
The cultivation of bio-fuels offers Vietnam numerous substantial benefits:
1. Increases annual income for rural families from $820 to $1,300.
2. Provides homesteading opportunities for the rural poor.
3. Reclaims barren and war-damaged lands.
4. Empowers rural women economically.
5. Conserves foreign currency reserves.
6. Reduces dependency on volatile global oil markets.
Partnering for Positive Change
GreenEnergy and the People's Committee of Binh Dinh Province invite organizations to contribute to this transformative initiative. The Binh Dinh Facility aims to be a catalyst for positive change, offering rural communities a path out of poverty.
Key Outcomes:
- Offers a renewable alternative to fossil fuels.
- Supports agricultural practices that rejuvenate rather than deplete the environment.
The Jatropha Plant
Jatropha curcas, known for its drought resistance, thrives even in water-scarce areas. This versatile plant acts as a protective hedge and reduces soil erosion. Traditionally used for medical treatments and soap production, Jatropha is valuable for its oil, which can fuel small diesel engines, powering farm machinery and contributing to significant savings on fuel costs.
Conclusion
GreenEnergy is committed to environmentally sound and economically sustainable projects in Vietnam. They welcome collaboration with international stakeholders to advance technology, enhance genetic development of high oil content seeds, and foster trade relations.
Through these efforts, Vietnam is poised to lead in bio-diesel production, offering a sustainable and prosperous future for its rural communities.
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