China to invest over US$ 22 billion in biomass energy sector by 2017

Climate Connect News, 31 December 2012, London: The Chinese National Energy Board has released its 12th Five-Year plan for biomass energy development according to which annual biomass energy use has been proposed to exceed 50 million tonnes of standard coal by 2015 and would receive an investment support of about 140 billion Yuan (over US$ 22 billion).

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