PitPoint and Bio Rights to join forces in biomethane production
Letter of intent for a new factory in the Netherlands producing up to 42 million m3 per year
02 November 2018
PitPoint clean fuels and Bio Rights BV have signed a letter of intent to pursue a strategic partnership to produce biomethane in the Netherlands. The proposed location of the new factory is the Dutch town of Hardenberg. Under the name “Biobrandstoffabriek Hardenberg” (Biofuels Factory Hardenberg), the new factory would eventually be able to produce 42 million cubic metres of biomethane per year, which is equivalent to the gas requirements of 30,000 households.
PitPoint and Bio Rights BV, an eco-technology company that develops sustainable energy factories, plan to set up this factory in the Netherlands with the goal of accelerating the production capacity of biofuels made from waste (second-generation biofuels) at prices that will be able to compete with those of fossil fuels. According to Jan Theo Hoefakker, MD Commercial Sales at PitPoint: “We’re pleased to have reached this initial agreement. It’s an important step for us towards becoming one of the largest players in the European clean fuels market.”
PitPoint is keen to continue to invest in biomethane production, due to the increasing demand for biomethane from the transport sector. Since 2014, the international provider of clean fuels is already partnering as co-owner with Dutch waste management company and biomethane producer Meerlanden.
The Paris Agreement highlights the importance of this alternative fuel for transport – biomethane being one of the most effective methods of combating climate change and improving air quality in an affordable way. “In order to meet future demand, it’s essential to invest in the entire supply chain so that we can deliver regionally produced biomethane to our customers”, says Hoefakker.
Biofuels Factory Hardenberg
If the objectives outlined the partnership agreement are realised, the factory in Hardenberg could eventually generate as many as 70 new jobs. The innovative production process consists of a number of proven technologies, combined at an industrial scale. The biomethane would be produced by fermenting a mix of processed manure and grass clippings that come from Hardenberg and the surrounding areas.
As such, this new biomethane factory would be truly unique, and the first factory developed in collaboration with Bio Rights. Because of the transition to more responsible energy sources, the demand for biomethane will continue to grow, and the need for scalable and replicable production facilities will increase along with it. Wim Obbens from Bio Rights comments: “In the future, we expect to set up several factories based on the same concept. This goal is why Bio Rights and PitPoint are so well aligned.”