PNG Biomass is rated 3 out of 5 in the category renewables & environment. Read and write reviews about PNG Biomass. PNG Biomass is a long-term renewable energy initiative in the Markham Valley in Morobe Province, Papua New Guinea (PNG). It is an integrated biomass energy project to provide a reliable, sustainable and competitive renewable energy solution for PNG. The project involves the development of 16,000+ hectares of FSC certified tree plantations, using underutilised Kunai grasslands in the Markham Valley, and the construction of a 30 MW biomass power plant to generate electricity for supply to the RAMU Grid. PNG Biomass is expected to generate the following benefits for PNG and its citizens: • Creating over 500 direct and 2,000 indirect jobs; • Saving over 4 million tonnes of CO2 (Carbon Dioxide) emissions over the 25-year project life; • Boosting PNG household income by K740 million over the 25‑year project life. • Providing stable and competitively priced power to support community infrastructure, (schools, medical and business), to drive and underpin industrial development in Morobe and Madang provinces, and to enhance PNG’s energy independence; • Contributing to the PNG Government’s electrification goal of increasing its consumer base of electricity to 70% by 2030; • Ensuring a long-term reduction in the exposure to power prices associated with increasing imported diesel and HFO costs; • Substantial enhancement of PNG’s international environmental reputation and demonstration of the country’s commitment to renewable energy targets.
Company size
11-50 employees
Headquarters
Lae, Morobe Province