- Anaergia (ANRG) plans to build a biogas plant in Kasaoka, Okayama, for Toyo Energy Solution Co., Ltd.
- The facility will produce renewable electricity by anaerobically digesting cow manure from Okayama Prefecture farms
- It will process enough waste to take 2,900 cars off the road and power 2,200 homes per year
- Anaergia uses proprietary technology to turn organic waste into renewable natural gas, fertilizer and water
- Anaergia (ANRG) is up by 10.95 per cent trading at $6.89 per share
Anaergia (ANRG) plans to build a biogas plant in Kasaoka, Okayama, for Toyo Energy Solution Co., Ltd.
Toyo Energy Solution is a renewables-focused subsidiary of Toyo Group, a diversified construction and real estate development organization.
The facility will produce renewable electricity by anaerobically digesting cow manure from Okayama Prefecture farms. The plant will prevent roughly 13,500 tonnes of CO2 emissions, which is equivalent to taking 2,900 cars off the road for a year.
The facility will digest about 250 tonnes of manure per day to produce about 1.2 MW of clean renewable electricity per year, enough to power 2,200 homes.
Anaergia will design, engineer, install and commission the plant. Toyo will serve as the engineering, procurement and construction contractor.
The Kasaoka project, Anaergia’s second with Toyo, will use its advanced anaerobic digestion technology and other proprietary resource recovery and treatment equipment.
The companies intend to build additional biogas plants to further Japan’s goal of achieving net-zero emissions by 2050.
“Toyo Group is pleased to partner once again with Anaergia to develop a new biogas plant, as we consider them to be the global leader in anaerobic digestion technology,” said Yoshimitsu Okada, President of Toyo Group.
“Wastes such as manure, sewage biosolids, and food scraps create two-thirds of all point source emissions of methane, a greenhouse gas that is 85 times more potent than carbon dioxide. Stopping these methane emissions from waste must be a central tactic in curbing global warming,” said Andrew Benedek, Chairman and CEO of Anaergia.
Anaergia uses proprietary technology to turn organic waste into renewable natural gas, fertilizer and water.
Anaergia (ANRG) is up by 10.95 per cent trading at $6.89 per share as of 1:16 pm EST.