Biomass capital investment to reach $33.7 billion by 2015

InfoGrok.com
By Staff Writer
Monday, 27 December 2010

Worldwide capital investment in biomass infrastructure will maintain steady growth during the next five years, rising from $28.2 billion annually in 2010 to $33.7 billion by 2016, forecasts Pike Research.

Biomass, which is currently the leading source of renewable energy worldwide, is conducive to producing a wide variety of energy products including transportation fuels, bio-derived products such as plastics and chemicals, and electricity generation.

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