Kinava Introduces Green-Waste-to-Biofuel Biz Model with HTC Technology
Korean company Kinava has launched a new ‘green-waste-to-biofuel’ business model with Hybrid Hydrothermal Carbonization (HTC) technology to produce renewable energy from waste.
May 11, 2021. By Manu Tayal
Korean company Kinava has launched a new ‘green-waste-to-biofuel’ business model with Hybrid Hydrothermal Carbonization (HTC) technology to produce renewable energy from waste.
To overcome waste problems at overcrowded cities and industries, the Korean government has been trying to establish a society where waste can be re-circulated as a resource and their environmental abuse can be decreased through ‘Recirculation Resource Certification System’.
The program established in 2018 to minimize the volume of wastes and manages the wastes to reuse them. However, converting organic waste to solid biofuel usually require a large investment and operation cost including facilities, equipment, utilities, and energy.
Thus, Kinava’s new HTC technology costs only 1/3 of utilities and energy compared to conventional drying technology. Besides, it also effectively addresses the stench problems of stinky organic waste.
In line with this, Kinava and Korea East-West Power have collaborated on Hybrid Hydrothermal Carbonization Green Pellet Pilot Project, which demonstrate to convert sewage sludge and wood wastes to biosoild fuel at Dangjin Power Plant.
High interest in renewable energy by utility company is accelerating waste to energy business and investment from various investors including venture capitals.
Recently, the company has witnessed global expansion of the related business thanks to huge investment and government supports on green energy projects both domestically and internationally.
Moreover, the demands for the volume reduction of organic wastes, such as sewage sludge, food wastes, and livestock manures, are expanding in the United States as well as conversions to biosolid fuels.
Therefore, employing the HTC with catalyst developed by Kinava’s research team leads to effective treatment processes and outstanding high-caloric and eco-friendly biofuel businesses.
It matches perfectly with conventional drying technology if the Hybrid HTC reactor has been installed as a pre-processor of the dryer. It actually gives the same effect of double or triple up the capacity of dryer.
Meanwhile, the global market for organic waste to energy sector is expected to continuously grow as a core business until 2026, leading to expanded investment in green energy fuel.
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