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South East Asia

South East Asia is entering a very dynamic period resulting from a raft of legislation changes following various Government decrees on environmental management, waste management, recycling and carbon footprint legacy.

The government of Malaysia for example has announced its plan to incorporate energy efficiency and renewable energy in addition to the country’s existing four fuel diversification policy. Renewable energy is endorsed to be the 'fifth fuel' by the Malaysian government. Efforts are now geared towards the promotion and development of renewable energy solutions.

The country has vast potential to benefit from its ample natural resources that include timber waste, palm oil waste, rice husk; coconut trunk fibre, municipal waste and sugar cane waste. Generally palm oil mills treat the effluent discharged from plants manufacturing palm oil, an important export for Malaysia and Indonesia, into open lagoons. The diffusion into the atmosphere of global warming gas and water quality pollution has now become a significant problem.  

The palm oil industry has come under strong pressure to adhere to water quality regulations for palm oil effluent, leading palm mills to take strong meaningful measures to manage the environmental damage. With the annual haze problem worsening across South East-Asia, the palm oil industry is facing enormous regional Government pressures to cut their traditional slash and burn process on these plantations.

The Malaysian Government have incorporated debt funding programmes for solution providers who can deliver technology which has a meaningful impact to the palm oil industry, and to supplement the production of power into the national supply grid. The Government Green fund has a budget of US$550 Million, with a remaining balance of GT Value for Financing: US$250 Million.

Globomass developing the opportunity

The availability of specific debt financing within a regulated and managed environment presents substantial opportunity for Globomass to deliver a proven business model to the organic waste sector and to provide much needed supplementary power into the national grid.

Globomass is already working closely with both the Government boards and plantation owners to ensure the most dynamic opportunity is both sourced and delivered through biomass to biogas solutions.

Today Globomass continues to develop a project in Singapore which utilises poultry manure waste through its anaerobic digestion technology to produce power for local use. Singapore is very keen to maximise its limited resources, especially in the areas of food production and energy production. Through this project Globomass is helping the Singapore government by using agri waste to produce electrical power.

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