Description:
DYBSOL is a new company that has been incorporated to become the holding company for HLC Environmental Holdings Ltd. Biomass interests. Biomass for heat and power is a fully mature technology that offers a ready disposal mechanism for municipal, agricultural, and industrial organic wastes. However, the industry has remained relatively stagnant over the decade to 2007, even though demand for biomass (mostly wood) continues to grow in many developing countries.
DYBSOL has arisen in a large part due to the fact that its direct subsidiary company, BEN, recently won an auction that took place on 14th August 2008 for a Biomass Energy Tariff, although HLC Environmental Holdings Ltd. already has know-how and experience in these type of projects, through the implementation of similar projects in the past.
The outcome of this auction has resulted in the award of a 15 year Power Purchase Agreement (PPA) with Elotrobrás, Brazil’s national Power Regulator.
DYBSOL, being in the very early stages of formation is already seeking to expand its management team. One of the main functions this team will have is the origination of further projects in this business sector in Brazil and other geographical areas.
Further, through our biofuels projects, DYBSOL will be able to obtain feedstock from the processes involved in the production of biofuels, as these produce biomass materials. In this way, the synergies that are existent between the two companies will be maximised, and is another example of the Full Circle concept at the heart of HLC’s Strategy.
Subsidiaries:
Website:
Coming Soon - www.dybsol.com
