The government is planning a municipal waste management (MWM) project that would offset diesel purchases of up to $65 million per year.
The National Development Co. (NDC) has signed a non-binding letter-of-intent with Australian clean technology company Cyclion Holdings Pty. Ltd. which will undertake the world’s first commercial scale module municipal waste management (MWM) targeting local government units.
The project will process up to 900 tons per day (TPD) of waste and produce up to 35 million liters of diesel, effectively lessening the country’s fuel imports.
A concept paper said the project entails a series of fund raising amounting to $29 million but Cyclion is now raising an initial amount of $5 million for the construction of a pilot plant that will process 50 TPD of waste.
The concept paper said Cyclion employs waste-to-energy solutions through a patented technology that uses various catalysts and ionic fluids to convert MSW into electricity or fuel with minimal or no pre-treatment.
“ It is a game changer for the waste-to-energy industry as most other methods rely on significant mechanical and electrical technologies to separate and grind different streams of waste into small particles — this is costly and inefficient,” the paper said.
The paper said the water used during Cyclion’s process is filtered in algae tanks allowing the water to be safely used again for agricultural or industrial purposes.
Construction is scheduled by the last quarter of 2024 while engineering of a pioneering commercial project will be completed by 2025.
