Developer

JG Summit Holdings Inc

www.jgsummit.com.ph

Total capacity of implemented projects

up to 10 MW

Countries of projects presence

1

JG Summit Holdings Inc is a Philippine-based conglomerate that has been in operation since 1957. The company has a diverse portfolio that includes businesses in petrochemicals, real estate, banking, and food manufacturing. In recent years, JG Summit has also expanded into the renewable energy sector, with a focus on biomass and waste-to-energy projects, as well as biofuels.

Biomass is a renewable energy source that is derived from organic matter, such as agricultural waste, forestry residues, and municipal solid waste. Biomass can be converted into energy through various processes, including combustion, gasification, and anaerobic digestion. JG Summit has identified biomass as a key area of focus for its renewable energy portfolio, given the abundance of biomass resources in the Philippines.

JG Summit's biomass projects are primarily focused on the production of electricity. The company has invested in several biomass power plants, including a 12 MW facility in Negros Occidental and a 9.9 MW plant in Davao City. These facilities use agricultural waste and other biomass feedstocks to generate electricity, which is then sold to the grid or to local customers.

In addition to biomass, JG Summit is also exploring opportunities in waste-to-energy projects. Waste-to-energy involves converting municipal solid waste into energy through processes such as incineration, gasification, or anaerobic digestion. JG Summit has identified waste-to-energy as a promising area of growth, given the significant volume of waste generated in the Philippines and the potential to reduce greenhouse gas emissions.

JG Summit's waste-to-energy projects are still in the planning stages, but the company has expressed interest in partnering with local governments to develop municipal solid waste facilities. These facilities would not only generate electricity but also help to address the growing waste management problem in the Philippines.

Biofuels are another area of focus for JG Summit's renewable energy portfolio. Biofuels are fuels that are derived from biomass feedstocks, such as sugarcane, corn, and palm oil. Biofuels can be used as a substitute for gasoline and diesel, and can help to reduce greenhouse gas emissions from the transportation sector.

JG Summit's biofuels projects are primarily focused on ethanol production. The company operates a 100 million liter per year ethanol plant in Batangas, which produces fuel-grade ethanol from sugarcane molasses. The ethanol is sold to local fuel distributors and is blended with gasoline to produce biofuels.

JG Summit's renewable energy portfolio is still relatively small compared to its other businesses, but the company has expressed a commitment to expanding its presence in the sector. In addition to its existing biomass, waste-to-energy, and biofuels projects, JG Summit is also exploring opportunities in solar and wind power.

JG Summit's renewable energy projects are part of a broader effort to promote sustainable development in the Philippines. The country is highly vulnerable to the impacts of climate change, including sea level rise, increased frequency of extreme weather events, and loss of biodiversity. By investing in renewable energy, JG Summit is helping to reduce the country's greenhouse gas emissions and promote a more sustainable future.

Overall, JG Summit Holdings Inc is a Philippine-based conglomerate that has diversified into the renewable energy sector, with a focus on biomass, waste-to-energy, and biofuels projects. The company's investments in renewable energy are part of a broader effort to promote sustainable development in the Philippines and reduce the country's greenhouse gas emissions. As the demand for renewable energy continues to grow, JG Summit is well-positioned to play a leading role in the sector.