Gonzales said.
Since expertise is a major concern for the company's business, Full Advantage uses a strategy to create network of collaboration with a wide range of partners including technology partners, business partners as well as financial partners. Through this network, the company can pool resources and combine their strengths to provide a complete service and a total solution, which suits each individual's needs.
Also located at Thailand Science Park , the company has advantages from staying very close to technology centers. This, Gonzales said, enabled the company to create linkages and easily get access to potential research and development works to develop innovative projects for its clients.
So far, the company has partnered with the National Center for Genetic Engineering and Biotechnology (Biotec) in the development of biogas production technology. Technology developed from Thailand is now a key part in the company's project to build up biogas facilities in Vietnam .
In Thailand alone, around 20 projects have been done for local clients. Its renowned reference site is the the assistance in implementation of high-pressure cogeneration systems for a leading Thai sugar manufacturer, Mitr Phol Sugar Group. The projects, worth at US$50-60 million each, were to build up 53-megawatt and 65-megawatt high-pressure cogeneration systems at two Mitr Phol's sites in Supanburi and Chaiyaphum provinces.
Gonzales said the project was the first of its kind in sugar industry to use new technology of cogeneration system to produce electrical power.
Moreover, to demonstrate business potential in sustainable energy arena, the company has put the whole year efforts, initiating a new project to show off investment opportunities in clean energy development. The project, called SPRING-1, is to build up the first integrated biogas-to-energy and biocompost facilities in Thailand .
Gonzales said SPRING-1 was aimed at showing off a real concept to turn wastes coming from a molasses-based bio-ethanol plant and sugar mill into electrical energy and then sell it to the Provincial Electricity Authority (PEA).
The development involves the implementation of two production facilities: Biomethanation facility, a process to bring wastewater from ethanol plant to produce biogas and generate electricity with a total capacity of 10 megawatts; and Composting facility, a process to utilize filter cake, the by-product from sugar mill, to produce 90,000 tons of organic fertilizer a year.
The company estimated that the project would help the facilities avoid and reduce methane emission while mitigate green house gas emission of more than 300,000 tons of carbon dioxide equivalent annually.
With its beneficial aspects, SPRING-1 won the first prize in the Business Plan Competition for South-East Asia held in Singapore in March this year and was awarded the 2009 Climate Technology Initiative (CTI) Clean Energy Financing Award. The project was deemed to be one of the most promising clean energy investment opportunities in the Asean region.
In partnership with Silverdale Consortium as a financial partner, the company is now in the process of fund raising and is also looking for equity partners and providers to join in SPRING-1 project. Gonzales said the investment of this project would be at around US$35 million and the company expected to start the project by the end of this year. It also planned to spend one more year to complete the whole facilities establishment.
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