UK-based industrial fuel cell technology provider AFC Energy has signed a new co-operation agreement with Waste2Tricity International (Thailand) and Alter NRG Corporation in Bangkok, Thailand.
The agreement is to advance the adoption of AFC Energy’s fuel cell systems in proposed energy-from-waste (EfW) projects in Thailand.
The agreement includes a memorandum of understanding (MoU) that builds on the business deal signed in October 2013 providing exclusive rights to Waste2Tricity to use AFC Energy’s low-cost fuel cell systems to generate renewable power from hydrogen gasified from municipal solid waste.
Waste2Tricity International (Thailand) is a majority owned subsidiary of Waste2Tricity, while Alter NRG is a Canada-based waste gasification technology firm.
AFC Energy CEO Ian Williamson said that large scale waste to energy projects in Thailand 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 quickly and demonstrate a compelling investment case for such fuel cell-based power systems," Williamson said.
Waste2tricity director PK Thummukgool said that this agreement clearly demonstrates the company’s intentions to shorten the time to market for our energy-from-waste systems incorporating AFC’s low cost fuel cells.
"The MoU will quickly establish a business model to monetise the growing waste stream in Thailand and also create a platform for developing similar projects in the ASEAN region," Thummukgool said.