Waste2Tricity holds an exclusive licence for energy-from-waste (EfW) projects.
The deal comprises a memorandum of understanding (MoU) that builds on the business deal signed in October 2013 providing exclusive rights to Waste2Tricity to use AFC Energy’s low-cost fuel cell systems to generate renewable power from hydrogen gasified from municipal solid waste.
Waste2tricity director PK Thummukgool said that this agreement clearly demonstrates the company’s intentions to shorten the time to market for our energy-from-waste systems incorporating AFC’s low cost fuel cells.
"The MoU will quickly establish a business model to monetise the growing waste stream in Thailand and also create a platform for developing similar projects in the ASEAN region," Thummukgool added.