Samaiden Inks MOU to Develop Biogas Project in Cambodia

Samaiden Group Bhd has signed an agreement with two Cambodian companies and a Malaysian firm to develop a biogas project in the Preah Sihanouk province, Cambodia. In a statement Samaiden said its indirect wholly-owned subsidiary Samaiden Energy Co. Ltd. had entered into a memorandum of understanding (MOU) with Mong Sotheary Trading, Management Venture Asia and Panna Energy.
Samaiden Inks MOU to Develop Biogas Project in Cambodia
Courtesy of Samaiden Group

The MOU serves as a framework for the joint undertaking of feasibility studies with third parties on various aspects of the project, namely the economic benefits and other ancillary impacts.

To execute the project, MST will provide the land for the project, and facilitate approval, documentation and construction.

MVA will be providing business consultancy and support, while Panna is responsible for the financial and commercial assistance for the undertaking of research, assisting project development and supplementing ongoing management, said Samaiden.

Samaiden Cambodia will supply the engineering, procurement, construction and commissioning (EPCC) work scope and advice on the feasibility study, as well as facilitate the environmental, social and governance (ESG) principles of the project.

“Cambodia needs more green and resilient investments in low-carbon and climate resilient infrastructure to ensure adaptability to the impact of climate change,” said Samaiden Cambodia executive director Fong Yeng Foon.

“More importantly, given the agriculture sector’s contribution to greenhouse gas emissions, efforts on this front will come from mitigating menthane-intensive rice and livestock production, and promoting the use of biogas in livestock management, organic fertilisers and deep fertilizer technology,” he added.

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).