Hive Energy has acquired 50% of the Dutch green energy company, DBG Group B.V. The partnership between Hive Energy and DBG Group will enable a project to transform industrial waste into Biogas and fertilisers. This partnership marks Hive Energy’s latest progression in its mission to create transformational change for a cleaner future through partnering with world-class Circular Economy companies.
In the first waste-to-energy project of the partnership, it plans to process 270,000 tonnes per annum of industrial waste into 4,500 Nm3/hr of Biogas and 150,000 tonnes per annum of fertiliser at its site in the Netherlands. This will not only provide valuable “green” Biogas and fertilisers, but will also offer paper mills an environmentally-beneficial and cost-competitive method to dispose of their waste streams.
Speaking of the partnership, Giles Redpath, Hive Energy’s CEO, said:
“Hive Energy is determined to drive transformational change to prevent climate change. I am delighted to be partnering with the DBG Group as they have an exciting, achievable and ambitious plan, which will prevent an industrial waste stream being incinerated, and instead process it to produce organic fertilisers and green Biogas- two important commodities that the world needs as it moves to Net Zero Carbon.”
In reply, Berkay Güres, CEO of DBG Group said:
“I am very excited about this partnership. Hive Energy is the ideal partner for the DBG Group. We both want to build strong and effective Circular Economy activities that will reduce climate change, and build a greener future for all. We have a strong team and a strong plan, processing a problematic waste stream, which is expensive to dispose of, into two valuable commodities. We hope that our first site is the first of many.”