The company is in negotiations with four potential clients in Uzbekistan, Kazakhstan and the Ukraine. These negotiations are hoped to result in substantial carbon reduction projects for the company. In addition, the company has looked into bidding on more than ten potential projects in Asia, which, if awarded to the company would be worth sizeable amounts in service and other fees to the company.
Shlomi Palas, CEO of Blue Sphere, said: “The global carbon reduction market worth multi-billion dollars is expected to amount to a few trillions of dollars over the next decade. Our aim is to help enterprises worldwide reduce their carbon emissions, meeting the global challenge for greenhouse gas reduction, as well as complying with carbon reduction regulations.”
Blue Sphere has commenced its business of developing projects for greenhouse gases emission reduction and renewable energy production.
