August 25 2017 1Comment

Yamato Technologies breaks into the Philippines with US$6.7 million BioGas Waste-to-Energy Plant, marking its first overseas foray

Philippines, Aug 25, 2017

YMT Technologies & Ventures Philippine, Inc., a fully owned subsidiary of Yamato Technologies, held its groundbreaking ceremony for its First Quezon Biogas Corporation (FQBC) BioGas Waste-to-Energy Facility in Candelaria, Quezon – Philippines today, marking its first overseas foray. The ceremony was witnessed by Mr Macario Boongaling, Candelaria Mayor and Ms Kok Li Peng, Singapore’s Ambassador for the Philippines.

Occupying 20,000-sqm, the US$6.7 million biogas facility is located off the National Access Way at Candelaria [1]. It will convert current agricultural waste stream into energy in an environmentally sustainable way. It can treat up to 14,000 tonnes of chicken poultry waste, 7,000 tonnes of rice straw and 8,000 tonnes of corn waste per year, generating electrical power of 9,600MWh to 16,000 MWh per year. This will power up to 6,000 households in the rural areas of Candelaria, who currently have no regular access to electricity.

Yamato has worked closely with Tigris Water Investment Development Platform (Tigris) and International Enterprise Singapore (IE Singapore) on the FQBC Project. Besides introducing the project to Yamato and providing the funding to execute the project, Tigris has advised Yamato on all key aspects of developing this project, including deal structuring, risk mitigation, and contractual arrangements with project stakeholders. IE Singapore’s in-market understanding and connections with local authorities helped Yamato to expedite their entry into the Philippines.

To ensure sustainability of its business, Yamato Technologies has adopted a Built Own Operate & Transfer (BOT) model for the first time, in contrast to the equipment and system sales model back home in Singapore. Both Tigris and IE Singapore are currently supporting Yamato on developing and executing its international growth strategy, including undertaking other BOT/BOO projects throughout Asia.

Said Mr Taher Bokhtier, Managing Director of Yamato Technologies, “Anaerobic digestion and biogas technology have a key role to play in global climate-change. Bio Digester not only generates low-carbon energy and biofertiliser, it also reduces harmful methane emissions from farming wastes, increases energy security, improves waste management and sanitation. Yamato looks forward to be part of the total environmentally sustainable solution providers.” Mr Tay Beng Boon, Co-Founder of Yamato Technologies, said, “Improvement of life quality of the community will be benefited from stable power supply, sustainable farming thru the use of biofertilizer and improved waste management system. Our team always maintain high vigilance on environmental impact and social responsibilities with all our project design consideration.”

Asian countries, such as the Philippines, are also starting to adopt more renewable energy sources. In the Philippines, the government has started a National Renewable Energy Programme which aims to triple the renewable energy capacity from 5,438MW in 2010 to 15,304MW by 2030[2].

Mr Kow Juan Tiang, Group Director, Environment & Infrastructure Solutions Group, IE Singapore, said, “The rise of decentralised small-scale infrastructure in Southeast Asia presents opportunities for our Engineering-Procurement-Construction (EPC) players to enter into asset ownership and management. Yamato Technologies has taken the lead on driving a small-scale infrastructure project in a location with burgeoning demand for basic infrastructure like power, water and waste. We will continue to support them in navigating the local landscape and build its project development capabilities.”

The facility is self-sustaining and designed to use electrical energy generated by its power units to operate the facility. A heat recovery process further captures energy from the power units to enhance efficiency. The estimated 18,000 tonnes of by-products from the treatment process can also be used for agriculture farming.

Co-owned and developed by Yamato Technologies, the facility is targeted to be completed in mid-2018. Once in operation, it will provide job opportunities for the local community. Yamato will also be sending Singapore employees to operate and manage the facility.

About Yamato Technologies

Yamato Technologies is a Singapore company, with EPC and BOT business portfolio covering Renewable Energy, Waste-to-Energy, Waste Water Treatment, Portable water treatment solutions and Traditional Power generation and Renewable & Waste To Energy. The company entered into the international market for these utilities solutions and has presence in Southeast Asia and South Asia. Visit http://www.yamato.com.sg for more information.

About Tigris Water Investment Development Platform (Tigris)

The primary focus of Tigris, a Singapore based platform, is created to provide private equity type growth capital to small- and medium-sized water companies that are developing projects in water and wastewater treatment throughout Asia. Investors in Tigris include Macquarie Capital, Eastspring Investment, FMO and Nippon Koei. Visit http://www.odysseycapital.com.sg/tigris.html for more information.

[1] https://www.google.com.sg/maps/@13.8799925,121.4372143,166m/data=!3m1!1e3?hl=en

[2] Based on National Renewable Energy Programme (NREP) by Department of Energy (DOE) of the Philippines.

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1 comment

  1. Great start! And we are looking forward in having more green projects along the pipelines.
    Cheers

    Reply

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