Anaergia Wins Contract for $25M Jeju Island Biogas Plant in South Korea

September 9, 2024

Anaergia Inc., through its subsidiary Anaergia Singapore Pte. Ltd., has been awarded a significant contract by New Jeju Bio Co. Ltd to design and construct the Jeju Bio Energy Biogas Plant on Jeju Island, South Korea. This cutting-edge facility, valued at approximately CAD 25 million, will process around 50,000 tons of organic waste each year to generate 2 MW of renewable energy. The plant will handle various types of organic waste, including by-products from slaughterhouses, citrus juice production, and food manufacturing facilities.

Advanced Anaerobic Digestion System

The biogas plant will use Anaergia’s Omnivore™ anaerobic digestion system, which is designed to convert both solid and liquid waste into biogas efficiently. The produced biogas will then be used in a combined heat and power unit, enabling the generation of both electrical and thermal energy. To ensure effective digestion and produce a clean output, pre-treatment technologies will be integrated into the process. Post-digestion, the resultant digestate will be composted into fertilizer at an offsite location, while the treated wastewater will be recycled for use both onsite and in agricultural applications.

Environmental Impact and National Strategy

The project aims to make a significant contribution to the reduction of greenhouse gas (GHG) emissions on Jeju Island, aligning with South Korea’s broader national biogas strategy. This strategy seeks to produce up to 500 million cubic meters of biogas annually by 2026, thus potentially cutting the nation’s GHG emissions by 1 million tons per year. By converting various organic wastes into useful resources, the Jeju Bio Energy Biogas Plant is a key element in South Korea’s efforts to enhance its environmental sustainability.

Strategic Importance for Anaergia

Safer Hyun Cho, CEO of New Jeju Bio, cited Anaergia’s demonstrated ability to deliver comprehensive solutions for complex projects as the primary reason for their selection. Cho expressed confidence in Anaergia’s capability to transform diverse organic wastes from Jeju Island into valuable resources. Similarly, Assaf Onn, CEO of Anaergia, highlighted the contract’s strategic importance for Anaergia’s entry and growth in the South Korean market, viewing it as an essential step in the company’s international expansion.

Aligning with Global Sustainable Trends

Anaergia Inc., through its subsidiary Anaergia Singapore Pte. Ltd., has secured a noteworthy contract from New Jeju Bio Co. Ltd. to design and build the Jeju Bio Energy Biogas Plant on Jeju Island, South Korea. This innovative facility is valued at about CAD 25 million and is set to process roughly 50,000 tons of organic waste annually to produce 2 MW of renewable energy. The plant will manage a wide range of organic waste, including by-products from slaughterhouses, citrus juice production, and food manufacturing facilities.

Anaergia Inc. specializes in converting organic waste into renewable energy, contributing to global sustainability efforts. This project aligns with their mission to reduce greenhouse gas emissions and promote cleaner energy sources. The state-of-the-art Jeju plant will not only help in waste management but also support South Korea’s renewable energy targets. This initiative demonstrates Anaergia’s commitment to innovative solutions in the waste-to-energy sector, marking a significant step forward in sustainable energy production on Jeju Island.

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