By Robert Requintina
Renewable energy firm Mackay Green Energy recently disclosed that a growing number of overseas clients has expressed interest in the company’s technology that utilizes bana grass as alternative source of energy.
Mackay Green Energy has developed technologies to convert bana grass, a variety of grass that can be converted into fuel, found to be superior to fossil-based coal and can be mixed with coal for power generation.
“We are planning to expand internationally and export to other countries for their need of biomass and green coal. Present requirement for biomass mostly comes from Korea and Japan,” Rex Jamillarin, Mackay Green Energy Chief Technology Officer said.
According to Jamillarin, Korea signed an environmental agreement and has since made moves to require coal-fired power plants to get renewable energy certificate. The same also goes with Japan.
“To achieve that renewable energy certificate, coal-fired power plants has to mix biomass with coal in a certain ratio so they can get incentives from their government. It helps that it primarily reduces carbon footprints, too. Here in the Philippines, we don’t have that kind of incentive yet that’s why we’re trying to lobby to the government if they can provide incentives to coal-fired power plants that will convert or put a mixture of biomass in their scheme,” Jamillarin added.
The company has also received inquiries and interests from Malaysia, India and Africa.
“We are developing and perfecting the technologies that we’ll use on the bana grass. We are collaborating with manufacturers already. Apart from that, we are also encouraging a lot of investors to invest in the bana grass plantation and in the development of facilities for power and thermal generation,” the CTO shared.
Due to positive prospects and potential growth, Mackay continues to expand its bana grass plantations in the Caraga region, including Butuan, Agusan del Norte, Agusan del Sur, Misamis Oriental and Claveria.
Jamillarin disclosed that they have also met investors from Negros.
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