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A subsidiary of biomass power plant operator Dragon Power, National BioEnergy, will receive up to RMB28bn ($4.1bn) in funding from the China Construction Bank for it to construct facilities across China over the next five years.
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The JPI Fuel Industry of the Philippines had develop an option fuel to replace coal that emits 6 billion metric tons of CO2 yearly. It is a biomass base out of organic waste when process forms a solid innovative firewood fuel that can energize all of the worlds direct burning Industries. Due to the magnitude and usage trough Newnet this may be brought to the attention of Dragon Power for a joint Venture.The product is a perfect fuel for the Dragon Power Plants.
The J P I Fuel product started in mid 80′s. The inventor Jaime P. Imbat had invented and use it on a thermal power plant. This product will be the first in the world for all nation tried it but failed. There are similar to JPI fuel like wood pellets, briquettes but are only used for smaller industries and it is not sustainable. The JPI Fuel could energize all of the world direct burning industries and it is well place to power Dragon Power of China.None other fuel ever challenge to replace the fuel coal rather than JPI Fuel. The product is of originality and we are not copying it as publish. The company is inviting companies to have joint ventures.