Singapore-based Green COP, a company that creates sustainable biofuels from biowaste, recently completed an investment round with Ken Energy and other investors. The funding will be used to set up a pilot plant for sustainable biofuels with a daily production capacity of one tonne. The startup has also appointed Teo Teng Seng, a maritime expert, as Chairman.
In an interview, Dr. Hanson Lee, co-founder of Green COP, talks about the company’s plans with the new funds, partnerships, and the alcohol-based biofuels industry.
What is the background of the founding team of Green COP? What motivated the founders to focus on sustainable fuel solutions, and how does it contribute to environmental sustainability?
Green COP was founded by Dr. Hanson Lee (an expert in biomass pre-treatment), Low Wang Chang (an MSc in Management of Technology), Sng Yee Ching (Chemical Engineer), and Prof. Yang Kun-Lin (an expert in green catalysts). The company began with research to add value to biowaste. Joining forces with like-minded co-founders dedicated to environmental sustainability and the circular economy, Green COP innovates in the biofuel sector, leading to cleaner energy solutions and a more sustainable future.
How does the partnership with Ken Energy help you in the long term? What is the mutual synergy here?
The partnership with Ken Energy brings long-term mutual benefits. Ken Energy specializes in developing and implementing green energy solutions, with a focus on advancing renewable energy and alternative fuels to reduce emissions and promote a greener environment. This aligns perfectly with Green COP’s mission to drive sustainable fuel solutions. By partnering, both companies aim to accelerate the adoption of innovative biofuel technologies and drive sustainable fuel solutions in the region.
Could you provide more details on Green COP’s strategic collaboration with a leading global integrated palm oil player and how it will enhance the company’s capabilities in sustainable practices? Do you have any other partnerships in the pipeline?
Green COP’s strategic collaboration with a leading global integrated palm oil player enhances supply chain resilience and sustainability efforts. This partnership ensures a secure and sustainable source of feedstock for biofuel production. Leveraging the partner’s expertise in the palm oil industry and commitment to sustainable practices allows responsible sourcing of raw materials. The collaboration strengthens the supply chain while promoting positive environmental impact and sustainable biofuel industry development. While specific details of future partnerships cannot be disclosed at this time, Green COP remains committed to forming partnerships aligned with its mission and values.
Can you explain Green COP’s patented pre-treatment and fermentation technology and how it enables the production of more efficient drop-in fuels?
Green COP’s patented pre-treatment process is non-energy intensive and at least 50% faster than current industrial processes, significantly reducing energy consumption while maintaining high yields. The patented fermentation technology employs a co-culture system, eliminating the need for removing oxygen and aeration, minimizing energy consumption and enhancing process efficiency. By optimizing pre-treatment and fermentation, Green COP achieves higher productivity and cost-effectiveness compared to traditional methods.
How do Green COP’s alcohol-based biofuels differ from traditional fuels in terms of shelf life and emissions reduction, and their impact on environmental sustainability?
Green COP’s alcohol-based biofuels offer advantages over traditional fuels, including a longer shelf life of more than 24 months. These biofuels contribute to a 30% reduction in Nitrogen Oxide emissions, making them a cleaner and more environmentally friendly alternative. Additionally, the biofuels significantly reduce greenhouse gas emissions, improving air quality and mitigating climate change. By promoting biofuel adoption, Green COP aims to transition to a more sustainable energy future.
How does Green COP plan to use the newly acquired funds to establish a sustainable biofuels pilot plant, and what are the expected outcomes of this initiative? When and where do you plan to open the plant?
With the new funds, Green COP intends to set up a pilot plant for sustainable biofuels with a one-tonne per day capacity. This initiative will allow scaling up production and testing technology viability on a larger scale. The pilot plant serves as a crucial step towards commercialization, refining processes and optimizing production efficiency. The plant is scheduled to open this year at a location to be disclosed later, aiming to demonstrate feasibility and scalability of sustainable biofuel solutions.
In what ways does Green COP aim to promote a sustainable economy in the maritime and transportation sectors through its initiatives and technologies?
Green COP strives to foster a sustainable economy in the maritime and transportation sectors by offering clean and renewable fuel alternatives to reduce environmental impact, particularly in the significant emissions-contributing maritime industry. Sustainable fuel solutions from Green COP lower carbon emissions, promote resource efficiency, and circularity, contributing to a more sustainable and resilient economy.
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The article ‘We will establish a sustainable biofuels pilot plant with a capacity of 1 ton per day: Green COP’ was first seen on e27.