VTTI acquires bio-energy project


The Netherlands Storage provider VTTI announced its acquisition of a bioenergy project located on an industrial site in Tilburg, the Netherlands, from Re-N Technology Group. Following the acquisition VTTI will construct a new state-of-the-art bioenergy facility of industrial scale and is foreseen to be commissioned in the third quarter of 2023.

The new facility will have a nominal capacity of 17 megawatts and will generate, among others, 23 million cubic metres of biogas per year by processing organic waste and side streams in an anaerobic digestion process. A part of the biogas will be upgraded to renewable natural gas (RNG) which will be delivered to the grid, thereby contributing to decarbonise the Dutch energy sector. A portion of the RNG produced will be utilised to provide power to the facility and as heat to further process the waste outputs from the facility to produce organic fertilisers, which are essential for regenerative farming.

VTTI sees the acquisition of the project as a new step as it enters the green gas market. The company says the acquisition fits perfectly into its strategy to diversify its product portfolio, and to actively work on renewable energy solutions.

Image: VTTI