The move, according to a company spokesperson, is in response to a substantial market and technology opportunity Greenearth Energy is currently assessing in the biomass and waste-to-energy gasification arena.
Over the next six months, Greenearth Biomass Energy plans to assess a unique biomass waste-to-energy gasification technology and market opportunity focused on Indonesia.
Of the new subsidiary, Managing Director of Greenearth Energy, Mark Miller said: "Greenearth Biomass Energy perfectly complements our suite of aligned renewable and energy efficiency technologies.”
"Gasification has the ability to convert municipal and other wastes into electric power or other valuable products such as fertilizers and Syngas. Gasifying biomass and other waste streams generates positive economic and environmental outcomes for Governments, participating communities and investors alike.”
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Greenearth energy plans to finalise the technology in development, and provide further details of the project in the coming months.
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