Concord Energy and Cool Planet Energy form JV for the Asia Pacific Region

In Singapore, Concord Energy has signed an agreement with Cool Planet Energy Systems to establish a joint-venture in the Asia Pacific Region. The JV will develop commercial production facilities for the conversion of non-food biomass into biofuels and soil enhancing biochar. Concord Energy has also made a financial investment in the Cool Planet. “We believe that Cool Planet has developed a unique technology that will revolutionise the production of biofuels, and we are delighted that Cool Planet has chosen Concord Energy as its partner,” said John Stuart, CEO of Concord’s Asset Group.

More on the story.