Tuesday, July 7, 2009

China Enters Algae Energy Business in a Big Way

You are at: Oilgae Blog.

China is starting to get into the bio-algae market in a big way; with Chinese innovation group ENN making large investments in algae bioreactors to help sequestrate carbon from China’s coal fired power plants.

The 24,000 employee, 4 US$billion company, is heavily involved in the energy business and developing technology to pass carbon dioxide through algae to help reduce China’s greenhouse gas emissions from their coal power plants that currently provide 70% of the electrical energy needs of the country.

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1 comment:

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