China is the world’s fastest-growing market for the clean-tech industry. Despite latent skepticism, many see much opportunity in China for entrepreneurial activities, but only a few have actually acted on it.
ABO member Accelergy Corp. is one of several algae companies that have decided to act. Based in, Accelergy is working with Chinese partners to develop and deploy its algae-based technology that captures CO2 and converts it into biobased products, most notably a fertilizer. According to the agreement, Accelergy will be leading the international effort to deploy the technology (including facilities in the North America), while SARI will be managing the commercialization in China.
Read more about this and other clean-tech collaborations in China in this Globe and Mail article.