Anaergia’s Upgrade of UC Davis’ Anaerobic Digester: Boosting Food Waste Recycling and Generating Significant Revenue
Carlsbad, California, and Burlington, Ontario – Anaergia Inc. (TSX: ANRG; OTCQX: ANRGF), a global leader in turning food waste into renewable natural gas (RNG) and fertilizer, announced its plan to upgrade the anaerobic digester at the University of California, Davis (UC Davis). This project, which is expected to generate over C$7 million in annual revenue, will significantly increase the capacity for food waste recycling and contribute to a more sustainable future.
Background:
Anaergia has been a long-term partner of UC Davis, providing operational support and expertise for the campus’s anaerobic digester since 2013. The facility processes approximately 60,000 gallons of food waste per day from campus cafeterias, generating 2.5 million kWh of electricity per year. This electricity is enough to power over 300 homes and offset 1,200 metric tons of carbon emissions annually.
The Upgrade:
The upcoming upgrade will involve the installation of a new, state-of-the-art anaerobic digestion system, which will increase the facility’s capacity to process 100,000 gallons of food waste per day. This expansion will enable UC Davis to divert an additional 30,000 metric tons of food waste from landfills each year, significantly reducing the campus’s carbon footprint.
Financial Implications:
The upgrade will generate over C$7 million in annual revenue for Anaergia. The increased capacity will allow the company to sell more RNG and fertilizer, making it a profitable investment for both Anaergia and UC Davis. Additionally, the project will create new jobs and contribute to the local economy.
Impact on the Individual:
For individuals, this upgrade means that more food waste from UC Davis will be recycled instead of ending up in landfills. This reduces the environmental impact of their daily food choices and contributes to a more sustainable campus and community. Additionally, the project creates new jobs and economic opportunities in the area.
Impact on the World:
The upgrade at UC Davis is part of a larger trend towards reducing food waste and increasing the use of renewable energy sources. According to the Food and Agriculture Organization of the United Nations, one-third of all food produced in the world for human consumption is lost or wasted each year. By recycling food waste into RNG and fertilizer, Anaergia is contributing to a more circular economy and reducing the need for landfill space. Furthermore, the increased use of RNG as a renewable energy source helps to decrease greenhouse gas emissions and combat climate change.
Conclusion:
Anaergia’s upgrade of UC Davis’ anaerobic digester is a significant step towards a more sustainable future. The project will increase food waste recycling, generate substantial revenue, and create new jobs. For individuals, it means a reduction in their environmental impact and a more sustainable campus community. For the world, it is a step towards a more circular economy and a reduction in greenhouse gas emissions. This project is a testament to the power of innovation and partnerships in creating a more sustainable future for all.
- Anaergia to upgrade UC Davis’ anaerobic digester
- Expected to generate over C$7 million in annual revenue
- Increases food waste recycling capacity to 100,000 gallons per day
- Decreases campus carbon footprint by 30,000 metric tons per year
- Contributes to a more circular economy and reduction in greenhouse gas emissions
