Climate Investor 2 (CI2) through the Stichting Development Fund (CI2 DF) is taking part in the development of two Waste to Energy (WtE) Build Own Operate (BOO) facilities in Northern Thailand. The facilities will utilise incineration technology to burn an estimated 570 tons per day of municipal solid waste each, generating a combined ~20MW.
Our Development Partner
AZUR
We Invest
Up to USD 5.8 million
Development Fund funding
Estimated Project Impact
9.9 MW additional capacity per facility
12,530 tCO2eq/year emissions avoided per facility
12,480 People served with clean energy per facility
32 GWH/year clean electricity per facility
42 Direct jobs per facility
CI2 E&S Rationale
The Project has been assigned a B+ rating which reflects the potential for largely reversible social or environmental impacts that can be addressed through relevant mitigation measures.
Funding Objective
The project is currently in early stage development, over the next period the developer will procure extensive feasibility studies, package the project for Ministry of Interior Approval as well as secure all outstanding waste.
Region
Asia
Country
Thailand
Business Model
Waste-to-energy
Environmental & Social Category
B+
Sector
Sanitation
Project Location
Why Climate Investor Two Wants to Invest in This Project
The project will have significant environmental benefits including:
- The reduction of the volume of untreated water that drainsthrough MSW into groundwater and surface water supplieswhich could be in the form of toxic leachate
- The reduction in the emission of Methane gas which is a farmore active greenhouse gas than carbon dioxide throughthe reduction of MSW landfills in Thailand.
