As per the deal, Organic Waste will supply around 100 to 200 tons of organic waste per day to Bluesphere’s 3.2 MW biogas plant, to be built, later this year, which will generate electricity from organic waste and renewable resources.
The organic waste such as food waste will be used in the biogas plant to generate electricity, and will be sold to electric companies through long-term power purchase agreements, noted Bluesphere.
Bluesphere CEO Shomi Palas said the ability to connect and do business with companies such as Organic Waste Management is crucial to firm’s Rhode Island plant and future growth in New England.
"Not only is Organic Waste Management interested in supplying our Rhode Island biogas plant with waste, but we are also discussing other business opportunities, including additional anaerobic digester plants in Massachusetts, where, effective in October 2014, there will be a ban on dumping organic waste in landfills for certain, larger producers of waste," Palas added.
