One World Clean Energy signs MoU with Pulexilite for biofuels and energy production

American energy company One World Clean Energy has signed a memorandum of understanding with South African company Pulexilite to produce biodiesel, ethanol, electricity and natural gas from a new integrated biorefinery.

The biorefinery will produce 10MW of electricity each day and 10 million gallons of ethanol and 10 million gallons of biodiesel every year.

The $115 million (€83 million) facility will use either crops or organic waste to produce the fuel and electricity.

The biorefinery will be built in South Africa and construction is expected to begin as early as 2012, creating a potential 250 jobs in South Africa and employing about 100 US engineers and trade workers, according to Ethanol Producer magazine.