Energy

Wed, 06/30/2010 - 16:55

China Clean Energy expects growth from biodiesel business - William Chen, CFO of China Clean Energy Inc.

by Terry Wang

China's demand for clean energy has already created enormous personal wealth in the photovoltaic and wind power equipment manufacturing sectors. Burgeoning sectors such as biodiesel have yet to match up, but a few companies are hopeful that the sector will provide prodigious returns down the pike. William Chen, chief financial officer (CFO) of China Clean Energy Inc., speaks with Interfax about his company's current and future biodiesel business development plans.

"As the Chinese government began aggressively pushing its green agenda forward, great opportunities emerged in the rapidly-expanding biodiesel sector," Chen told Interfax.
William Chen, CFO of China Clean Energy Inc.

Shanghai. June 25. INTERFAX-CHINA - The passage of the Renewable Energy Law in 2005 marked a critical turning point in China's strategy to develop its renewable energy industry and ensure energy security. William Chen, CFO of China Clean Energy Inc. (CCE), noticed a unique chance to broaden the scope of his company's business beyond its specialty chemical production.

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