MoU to bring energy-from-waste projects to Thailand
AFC Energy plc, a UK-based industrial fuel cell power company, has signed a new cooperation agreement in Bangkok to accelerate the adoption of its fuel cell systems in proposed energy-from-waste (EfW) projects in Thailand.
The agreement, comprising a memorandum of understanding (MoU), was signed between AFC Energy, Waste2Tricity International (Thailand) and Alter NRG. The MoU builds on the commercialisation deal announced last October granting exclusive rights to Waste2Tricity International to use AFC Energy's low-cost fuel cell systems to generate renewable power from hydrogen gasified from municipal solid waste.
The two companies have now expanded their cooperation to advance a number of large-scale EfW projects in Thailand. In addition, they will investigate ways to assemble fuel cells in Thailand, reduce the timeline of fuel cells being integrated into waste plants and lobby the Thai government for fuel cell incentives.
Waste2Tricity International is a majority owned subsidiary of Waste2Tricity, a UK-based developer of EfW projects in which AFC Energy owns 23% equity. Alter NRG, based in Canada, is a waste gasification technology company.
Ian Williamson, CEO of AFC Energy, comments: 'There is a considerable opportunity for large-scale waste to energy projects in Thailand as these will not only increase energy independence from renewable sources but will also alleviate pressure on landfill to deal with waste. Working together we can benefit from first mover advantage and open up this market and demonstrate a compelling investment case for such fuel cell-based power systems.'