Terviva Inc., an agricultural innovation firm, has obtained backing from Chevron Renewable Power Group, which it stated will assist it scale up its pongamia-growing operations to provide feedstocks for renewable gas manufacturing.
“The brand new association alerts Terviva’s strategic development and international scalability in addition to the development of pongamia as a decrease carbon useful resource for biofuels manufacturing”, Terviva stated in a press launch.
Terviva has spent 15 years conducting analysis trials on its pongamia cultivars, overlaying almost 2,000 acres within the U.S. and Australia. The pongamia timber developed by Terviva yield three or extra metric tons of beans per acre, and these beans have a excessive oil content material, in keeping with the corporate. The harvested beans are processed to provide oil, which can be utilized as a feedstock or uncooked materials for the biofuel business. By combining excessive oil yields with low inputs, biofuels with decrease greenhouse fuel emissions in comparison with conventional fossil fuels may be created.
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“Crude pongamia oil may be transformed into biodiesel, renewable diesel, or sustainable aviation gas (SAF). In working with Chevron Renewable Power Group, we are able to improve the supply of feedstocks for the manufacturing of those fuels whereas selling our mission to revitalize agricultural land and communities. This relationship advantages stakeholders up and down the worth chain, from farmers cultivating pongamia to fleets searching for decrease carbon fuels”, stated Naveen Sikka, founder and CEO of Terviva.
Pongamia can endure fluctuating water availability and face up to intense warmth. Pongamia’s capability to repair nitrogen enhances soil fertility and diminishes the necessity for synthetic fertilizers, in keeping with the corporate.
“Growing the supply of decrease carbon feedstocks for renewable fuels manufacturing goes to be an integral part for the continued development of the biofuels business”, stated Jan Slaghekke, Vice President of Enterprise Improvement and Worldwide Operations at Chevron Renewable Power Group. “We’re excited by the work Terviva is doing to scale the manufacturing of pongamia as a decrease carbon feedstock for the biofuels business and stay up for our relationship in serving to this attain additional commercialization”.
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