Chevron seems to just love working in joint partnerships to perfect the next generation of biofuels. So far, we've seen Chevron work with Georgia Tech, a private biodiesel company and then its own subsidiary, Chevron Technology Venture (CTV).
Chevron announced this week that it will work with UC Davis to research next-gen biofuels together. The UC Davis project will get $25 million of CTV's money over five years to research ways of making transportation fuels from forest and agricultural waste (i.e., cellulosic biomass) and to build a demonstration biofuels facility. The partnership will work with the California Biomass Collaborative and will focus on renewable feedstocks that are available in California.

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[Source: Chevron Corporation]

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