Bio-diesel is typically a green energy and a substitute for high-quality petroleum and diesel fuel. To vigorously develop bio-diesel is of great strategic significance for a sustained economic development, an accelerated renewable energy, a cutdown in environment pressure and a strict control over urban air pollution.
Ethanol can be used as an alternative to new energy to reduce oil consumption. As a renewable energy, ethanol can be directly used as liquid fuel or be mixed with gasoline for vehicle use so as to reduce reliance on non-renewable energy – crude oil and to ensure energy security.
Facing waste flood, experts all over the world have been taking effective measures to dispose or utilize waste in a scientific way. Some developed countries are dedicated in developing the technology to produce electricity by the heat generated by waste incineration. Some countries in Europe and America have built garbage power plants. China has abundant waste resources that are great potential benefits.
HFEC actively participates in the development and utilization of such new energy, and have signed a number of strategic cooperation agreements with some global well-known companies.
Main Potential Projects in New Energy Sector
• Biodiesel
• Fuel ethanol
• Garbage power
