- Kibo Energy plans to generate electricity from a plastic-to-syngas power plant.
- It has signed a 10-year PPA with Sustineri Energy
Kibo Energy announced that it has entered into a 10-year conditional Power Purchase Agreement (PPA) to generate baseload electricity from a 2.7MW plastic-to-syngas power plant.
The plant would be constructed, commissioned and operated for an Industrial Business Park Developer in Gauteng. The project is the first under Sustineri Energy, a joint venture in which Kibo Energy holds 65 per cent, with the balance of 35 per cent owned by privately held Industrial Green Energy Solutions (IGES).
The project will provide the client with cleaner electricity by using a high-temperature pyrolysis process, where selected non-recyclable plastics would undergo thermal degradation to produce high-quality syngas, which would feed gas engines to generate both electricity and heat energy.
There is also the potential to sell the heat energy generated as a byproduct from the gas engines directly to customers inside the industrial park.