Ardent Energy signs offtake agreement for Ethiopian jatropha

In Ethiopia, Ardent Energy Group announced an off-take agreement with Belgium’s Distrifina for the importation and distribution of jatropha and castor oil for the European market. Volumes were not announced. Included in the agreement is the option for Distrifina to provide equipment, and financing for equipment for the crushing and refinement of fuel sources to AEG.

AEG, which is developing a project in Ethiopia, said it “chose jatropha as the first source of oil due to the resiliency of the plant, its ability to grow in marginal soil conditions and the extremely high-yield of oil to hectare as compared to other crops such as soybean.”

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