New Plant With Million-Dollar Investment, Which Will Produce Biogas and Electricity From Biodegradable Waste, Is Funded By BNDES

Written by Roberta Souza

Published on 14/10/2022 at 18:05

Updated on 14/10/2022 at 18:08

Foto: reprodução pixabay.com

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The New Plant Received About R$44 Million in Financing from BNDES with the Aim of Producing Biogas and Electricity. The Unit is Being Built in Elias Fausto, in the State of São Paulo

BNDES (National Bank for Economic and Social Development) will finance and implement a CRI GEO Biogas plant, dedicated 100% to the production of biogas and electricity from biodegradable waste. The plant is being developed in the municipality of Elias Fausto, located within the industrial region of Campinas, in the State of São Paulo.

The financing from the bank to the company will be about R$ 44 million, which is approximately 80% of the total investment of R$ 56.2 million. The resources will be provided by the National Fund on Climate Change (FNMC), under the Climate Fund Program, complemented by BNDES’s own funding.

The new biogas and energy plant will consist of two biodigesters, a gasometer, and generator sets, and will have a total installed capacity of 2.15 MW for electricity generation, as well as a capacity to produce 4.5 million m³ of biomethane (purified biogas) annually, in addition to over 9,000 tons of organic fertilizers per year. The plant is expected to start operations in March 2024.

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WHAT IS BIOGAS?

New Plant Will Help in the Utilization of Biofuels

This new plant will contribute to reducing climate change and will also promote the use of biofuels in place of diesel and fossil-derived natural gas. It is estimated that the CO2 emissions avoided over the 20-year lifespan of the project will reach 1.76 million tons, which is equivalent to the emissions generated by 44,000 vehicles operating during that same period.

The project will reuse biodegradable waste from industries located near the plant. Thus, in addition to ensuring the safe disposal of the material, the project will also promote the capture of methane (a greenhouse gas 34 times more harmful in the atmosphere than CO2) that would be emitted from the decomposition of organic waste.

Regarding the electricity that will be produced, part of it will be consumed by CRI GEO Biogas itself, while the rest will be injected into the local utility’s distribution network. The developed biomethane could replace the diesel consumed by the fleet of CRI GEO Biogas, in addition to being sold to industries that currently use fossil fuels such as natural gas, LPG, and diesel. Meanwhile, the organic fertilizer, a 100% organic byproduct produced in the system, will be used as fertilizer in the agricultural areas of the region.

New Plant With Million-Dollar Investment, Which Will Produce Biogas and Electricity From Biodegradable Waste, Is Funded By BNDES

The New Plant Received About R$44 Million in Financing from BNDES with the Aim of Producing Biogas and Electricity. The Unit is Being Built in Elias Fausto, in the State of São Paulo

WHAT IS BIOGAS?

New Plant Will Help in the Utilization of Biofuels

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New Plant With Million-Dollar Investment, Which Will Produce Biogas and Electricity From Biodegradable Waste, Is Funded By BNDES

The New Plant Received About R$44 Million in Financing from BNDES with the Aim of Producing Biogas and Electricity. The Unit is Being Built in Elias Fausto, in the State of São Paulo

WHAT IS BIOGAS?

New Plant Will Help in the Utilization of Biofuels

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

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