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Shengchang Bioenergy – Building China's BOP Biomass Market
Submitted by Abigail Keene-B... on November 14, 2007 - 13:40.
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Biofuels have become a fashionable and controversial topic of late (just yesterday, the New York Times reported on resistance to ethanol in Iowa). Debates range from lauding the benefits of renewable energy sources to questioning whether biofuels will raise prices of staple comestibles, leaving millions to starve, or replace food-crop cultivation altogether. Concerns have also arisen about the cost and scalability of the technologies and the mass implementation of apparatuses required for replacing daily uses of fossil fuels on the large scale.

Yet one company recently added to the New Ventures China Portfolio seems to be escaping these conundrums, and providing reason to believe that biomass fuel, even in one of the most polluting developing countries on the planet, can be environmentally and socially and financially sustainable.

Beijing Shengchang Bioenergy S&T Co. Ltd. is not only developing and marketing advanced biomass fuel technologies, but it is doing so with a business model that stands to benefit low-income groups as both suppliers and as a significant portion of its potential customer base.

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