The facility is designed to process approximately 54,000 tons of organic waste annually.
The project is valued at approximately CAD 40 million (USD 29.2 million), including a primary agreement worth CAD 30 million and a supplementary agreement of about CAD 10 million. Construction is scheduled for completion between mid- and late-2027, pending standard project conditions, including the financial closure to be arranged by New Jeju Bio.
The planned facility will process around 54,000 tons of organic waste annually. The feedstock includes waste from slaughterhouses and undigested sludge from local sewage treatment facilities. This material will be converted into approximately two megawatts of renewable energy.
Sae Hyun Cho, CEO of New Jeju Bio, said: “New Jeju Bio chose Anaergia for this project due to its proven ability to deliver integrated, complex solutions. Throughout the design process, we expanded our use of Anaergia’s technologies to address the diverse organic waste streams generated on Jeju Island and optimally transform them into valuable resources.”
The facility will utilize the produced biogas to fuel a combined heat and power (CHP) system. The system will supply electricity and thermal energy for various in-plant processes, including anaerobic digestion, pasteurization, evaporation, and digestate drying. According to Anaergia, the technology suite is designed to support efficient and sustainable energy conversion from organic waste.
Additionally, the plant includes systems for on-site wastewater treatment and reuse. This component ensures compliance with local discharge standards while supporting water recycling efforts and contributing to the region’s environmental sustainability goals.
Assaf Onn, CEO of Anaergia, emphasized the strategic value of the project: “Finalizing the contract with New Jeju Bio marks an even more significant achievement than we had previously envisioned. Not only is this a very significant project in a key new market, but it also clearly demonstrates how our industry-leading, integrated suite of technologies provides a proven, comprehensive solution for project developers seeking reliable, innovative organic waste-to-energy systems.”
Anaergia stated that the project aligns with Jeju Island’s broader efforts to improve waste management, reduce greenhouse gas emissions, and increase renewable energy generation. The plant is expected to play a key role in enhancing resource recovery and environmental performance across the island.
This development represents Anaergia’s expansion into the South Korean market and showcases the application of its technologies in addressing complex organic waste challenges with scalable, sustainable solutions.
