Key Takeaways
- Anaergia Inc. (TSX: ANRG; OTCQX: ANRGF), through its Anaergia Australia Pty Ltd. subsidiary, has signed a contract with RF Corval Pty Ltd. to supply technology and equipment for an anaerobic digestion facility at the Goodness Grown farm site in Tongala, Australia.
- The facility is designed to process up to 120,000 tonnes per year of mixed agricultural and commercial feedstocks and generate more than 100 terajoules per year of gross biogas energy.
- Captured heat and CO2 from the facility will be supplied to the adjoining glasshouse operation to help meet its on-site energy and CO2 needs.
- The project received funding from the Australian Renewable Energy Agency (ARENA) under its National Industrial Transformation Program, and Anaergia expects total contract revenue of about C$14 million.
- Anaergia will supply its proprietary PSM Mixers and Service Box Pro equipment, with the plant expected to be operational within two years.
Anaergia Signs Contract for Anaerobic Digestion Facility in Australia
Anaergia Inc. (TSX: ANRG; OTCQX: ANRGF), through its subsidiary Anaergia Australia Pty Ltd., has entered into a contract with RF Corval Pty Ltd. to deliver proprietary technology and equipment for an advanced anaerobic digestion facility at the Goodness Grown farm production site in Tongala, Australia.
Details of the Goodness Grown Facility
The facility is being designed to process up to 120,000 tonnes per year of mixed agricultural and commercial feedstocks. It is expected to generate more than 100 terajoules per year of gross biogas energy, with the potential to displace a significant portion of the adjacent greenhouse's liquid petroleum gas use. Captured heat and CO2 will be recovered and supplied to the adjoining glasshouse operations to support its on-site energy and CO2 requirements.
“This project aligns with our investors' expectations that Corval projects have a meaningful focus on sustainability and helps establish a point of difference for Goodness Grown as the most sustainably grown tomatoes in Australia,” said Andrew Jackson, Head of Agricultural Real Estate at Corval.
Funding and Contract Value
The project received funding from the Australian Renewable Energy Agency (ARENA) as part of ARENA's National Industrial Transformation Program. Anaergia anticipates total contract revenue of approximately C$14 million.
“This is the first project of its kind in Australia's food production sector and is a cornerstone of Goodness Grown's strategy to decarbonize production and demonstrate scalable circular-economy solutions,” noted Paul Geurtsen, Project Director of Goodness Grown.
Anaergia's Technology and Equipment
Anaergia will deliver a full suite of services and proven technologies, including its proprietary PSM Mixers and Service Box Pro equipment. The plant is expected to be operational within two years and will convert organic waste into renewable biomethane.
Reaction from Project Partners
“Our new contract with Corval is a strategically significant flagship project for Anaergia in the growing Australia and New Zealand region. It marks an important step in establishing our presence and supporting our growth as a leading technology provider in the region's expanding bioenergy sector,” added Assaf Onn, CEO of Anaergia.
