Elridge Energy signs 100,000-tonne biomass supply MOU with Thailand

Elridge Energy Holdings Bhd is expanding its regional footprint after its wholly-owned subsidiary, Bio Eneco Sdn Bhd, signed a memorandum of understanding with Thailand's Berkana Power Co Ltd.
The agreement covers the supply of biomass fuel to the Thai power generation market, marking a strategic move for the group as South-East Asia increases its renewable energy requirements.
Under the terms of the MOU, Bio Eneco is slated to deliver 10 shipments per year, totalling approximately 100,000 metric tonnes of biomass fuel annually.
The initial period is set for one year and includes an automatic renewal option, providing a framework for long-term supply continuity.
Elridge Energy chief executive Oliver Yeo noted the collaboration underscores the group's capacity to meet high-volume demand in a "structured and repeatable manner."
"Thailand remains an important market for biomass energy," Yeo said in a statement following the signing ceremony at Bio Eneco's factory in Kapar, Selangor. "Beyond the annual volume, the shipment cadence and renewal structure provide operational visibility and flexibility for both parties."
Yeo added the deal aligns with the group's strategy of building a balanced contract portfolio, mixing long-term commitments with shorter-cycle supply arrangements across the region.
The ceremony was attended by Yeo and Berkana Power's overseas sourcing manager, Ruslee Mamataehah.
As renewable energy policies drive demand across the ASEAN region, Elridge Energy stated it remains focused on scaling its operations and leveraging its established production and logistics network to meet international standards.