Waga Energy: biomethane production agreement in Texas
(CercleFinance.com) - Waga Energy announces the signature of a long-term contract with OCI Global, one of the world's leading producers of nitrogen, methanol and hydrogen, for the production of biomethane at the City of Beaumont's (Texas) landfill site, using its patented 'WAGABOX' technology.
Specifically, OCI Global will install a capture device on the Beaumont landfill site, to capture the gas emitted spontaneously by the degradation of organic waste.
This gas will then be transformed into biomethane by an on-site WAGABOX unit, and injected into the local gas network.
The WAGABOX unit will be built, owned and operated by Waga Energy under a purification service contract, while OCI Global will own the biomethane production.
According to Waga Energy, WAGABOX, which will be commissioned in 2025, will avoid annual emissions of some 27,440 tonnes of eqCO2.
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