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First bio-diesel CDM project in China approved by NDRC

Henan Xinghuo Bio-Energy Co., Ltd. 100,000tons Vehicle Engine Biodiesel Project co-developed by Caspervandertak Consulting and Beijing Zhongziguoyan Investment Consulting Center, obtained Letter of Approval from the National Development and Reform Commission of China. This is the first bio-diesel CDM project approved in China and one of the first in the world!

The project is expected to generate approximately 208,244.50 metric tonnes CO2 equivalent per annum, which is purchased by Renaissance Carbon Investment/RCI.