Metso Oyj, a Finnish engineering company, plans to expand its biomass business in China and India as growing urban populations drive up energy demand, while European governments cut back support for clean power.The growth of Asian cities adds to waste as well as energy consumption, offering opportunities to use that waste as biomass, Martin Ridderheim, vice president of Helsinki-based Metso’s power business, said.
“If the current urbanization trend continues in China, nearly 1 billion people will live in Chinese urban centers by 2025,” Ridderheim said. In India, more than 590 million people may live in cities by 2030, or twice the population of the U.S. today, he said.
“If the current urbanization trend continues in China, nearly 1 billion people will live in Chinese urban centers by 2025,” Ridderheim said. In India, more than 590 million people may live in cities by 2030, or twice the population of the U.S. today, he said.
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