Thursday, September 21, 2023
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HomeAgriculture, Forestry, FishingOpportunity to invest in the production of biogas for electricity generation in...

Opportunity to invest in the production of biogas for electricity generation in SA

Phase 1 of the project is complete and is awaiting commissioning. The project requires catalytic investment for feedstock supply and water connection, transportation, personnel, equipment supplies and electricity grid connection.

Lukhanyiso Biogas Plant

1. Opportunity

The Lukhanyiso Food & Energy Centre project provides an opportunity to develop a flagship project that demonstrates the impact of the production of biogas for electricity generation through a Combined Heat and Power (CHP) system.

It provides a sustainable solution that harnesses the potential of organic feedstocks for rural economic development, small-scale SME development, and local ownership of the Government’s National Renewable Energy and Rural Development Policies. The Lukhanyiso Biogas Plant is poised to revolutionize the energy landscape in South Africa.

2. Product or Service Offering

The project was designed to generate annual electricity sales of 8.645.919 kWh per year from crops.

3. Target Market

The product is sold to nearby households, including nearby industrial customers who require electricity for on-site use.

4. Feedstock Assessment

The typical feedstock utilised for energy generation comprise crops grown by the farmers at the Lukhanyiso Food & Energy Centre.

5. Technology Type

The project developer adopted a world class Combined Heat and Power (CHP) system.

6. Project Stage

Phase 1 of the project is complete and is awaiting commissioning. The project requires catalytic investment for feedstock supply and water connection, transportation, personnel, equipment supplies and electricity grid connection.

 
7. Business Model

A Build–Own–Operate–Transfer (BOOT) model was adopted. The project developer has since transferred the plant to the owner.

8. Capital Invested To Date

A total of US$5,383,660 was invested to develop the project. A shortfall is required for items mentioned above. This will be determined after a valuation.

9. Management Team

Lukhanyiso Farmer Producers’ Association and Zero Waste.

Summary:
  • Address: Kultwanong, Free State Province, South Africa
  • Energy Output: 8.645.919 kWh
  • Investors: DBSA, Innovate Farming Systems
  • Company Stage: Operational
  • Funding Required: Pending Valuation

Contact / Enquire

Interested investors are encouraged to contact the project team here:


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