Visit BioPact Blog

CEZ buys carbon credits from Chinese biomass power project

Posted on August 18, 2008

One of Central Europe's largest integrated energy companies, the CEZ Power Company, has signed an agreement to purchase emission reductions from a Chinese biomass power plant. CEZ CEO Martin Roman and Guo Zhenjun, General Manager of Hunan Liang Renewable Energy Power Co agreed to the deal under the rules of the Kyoto Protocol's Clean Development Mechanism (CDM).The planned 15 MW biomass power plant project in the central Chinese province of Hunan will save at least 300,000 tons of CO2 by 2012. Emission reductions are sold under the CDM, which approved the project. China is betting heavily on b...

Original article link


bioenergy , biomass , czech republic , eu , europe , european , hydro , investments , renewable , renewable energy , solar , wind