Worth approximately RMB90m ($14.659m), the biomass integrated utilization project, will include 29 agricultural waste and straw processing plants and will be constructed in several phases.
The biomass integrated utilization project will convert agricultural waste and straw in Rudong County and the surrounding areas into pellet fuel, providing substitute fuel by replacing coal for nearby manufacturing enterprises.
Expected to have an annual agricultural waste and straw processing capacity of approximately 130,000 tons, the project will have an operational life of 30 years.
Everbright International CEO Chen Xiaoping said: "The standardized treatment of agricultural waste and straw will advance the development of the rural economy and increase both agricultural earnings and farmers’ income as well as curb environmental pollution caused by traditional straw burning method.
"Rudong Project will establish an effective collection-storage-transportation processing system of agricultural straw in Rudong County and the surrounding areas, generating mutual benefits for local farmers and boosting the development of the low-carbon economy so as to achieve an optimal economic and social impact."
