In a significant stride towards a sustainable energy future, Keppel Corporation Limited and AM Green, a subsidiary of the Greenko Group, have inked a Memorandum of Understanding (MOU) at COP 28 in Dubai. The partnership aims to explore, develop, and produce biogenic carbon-based sustainable fuels in Southeast Asia and the Middle East.
Under the MOU, the two entities will collaboratively investigate opportunities to generate bio and green methanol, second-generation ethanol, and sustainable aviation fuel (SAF). The projects will focus on harnessing and aggregating a minimum of one million tonnes of biogenic carbon dioxide (CO2) annually for the production of eco-friendly fuels at AM Green’s plants. The initiative seeks to provide a cleaner alternative to fossil fuels, contributing to the decarbonization of heavy industrial operations and the aviation sector.
Keppel, known for its extensive infrastructure expertise, currently operates the world’s largest composting plant in Qatar, processing 2,73,750 tonnes per year. The plant, designed and built by Keppel in 2012, converts organic waste into biogas, generating green electricity for operational use and export to the grid. The company is also involved in carbon capture feasibility studies for waste-to-energy facilities in Singapore and the United Kingdom.
Cindy Lim, CEO of Keppel’s Infrastructure Division, highlighted the significance of biofuels in decarbonizing industries and aviation. Lim expressed optimism about leveraging Keppel’s experience in waste management and carbon cycling for the collaboration with AM Green, emphasizing the potential for next-generation biofuels and sustainable aviation fuel.
Mahesh Kolli, President of AM Green, expressed excitement about the partnership, stating that it would propel India towards becoming a key exporter of renewable-energy-derived products such as green methanol and SAF. Kolli emphasized the use of Greenko’s Intelligent Renewable Energy Storage Platform (IRESP) to support India’s commitment to combating climate change and providing a sustainable source of low-cost green molecules.
This collaboration builds upon the partnership between Keppel and Greenko, initiated in October 2022, to explore the feasibility of a green ammonia production facility in India. The facility, expected to produce at least 2,50,000 tonnes per year, aligns with India’s Prime Minister Narendra Modi’s vision and the launch of LeadIT 2.0, focusing on low-carbon technology co-development and financial assistance to emerging economies.
