The global renewable energy market size was estimated at $1.21 trillion in 2023 and is expected to grow at a CAGR of 17.2 percent from 2024 to 2030, according to Grand View Research. Governments worldwide have taken numerous initiatives to promote green and clean energy and decrease the usage of fossil fuels and finite resources. The aim to achieve environmental sustainability has inspired many private corporations to take circular economy measures and look towards achieving minimum carbon emissions.
However, the source of renewable energy for the production of electricity has largely been solar across the world with governments and private organizations setting up large-scale solar panel setups and trying to produce most of their electricity consumptions through these in the coming years. What they are currently unable to understand is that solar panels, though a valid source of renewable energy are simply the installation of new resources without calculated ROI, and even with solar plants, organizations still have to use coal electricity to complete their consumption needs during night-time and Low Irradiance Conditions.
Maxime Droit, Founder of Reurasia Energy Solutions, understood this gap and ventured into the market of green electricity production through biomass combustion and gasification plants.
One of Maxime’s primary aims in establishing a company that processes biomass for electricity production is to spread awareness about this form of renewable energy and make governments and corporations understand its benefits. Indeed, organic waste processing is still now not an established market, but innumerable opportunities will be available in the coming years.
“I work with qualified engineers to set up plants that process organic waste. Our company takes support from local communities for the compilation of the waste and we also collect municipal waste. The primary aim to get into such a venture was to reduce the overall CO2 emissions”, mentioned Maxime.
Process Excellence
Biomass electricity production is still in the nascent stages in Asian countries, which is the reason why Maxime has created an excellent process to make society aware of it. He started from the grassroots level and was associated with educational institutions. His company offers students of these institutions internships to teach them about the processes involved and to make them experience the real-world situation.
“Because this is a relatively complex technology, it is very important that the present generation is aware of it because this will be a mainstream market in the coming decades. To grow this industry, trained and experienced professionals will be required”, he stated.
Solution customizations are also one of the primary aspects of Reurasia Energy Solutions' solutions and services. Maxime has executed projects in various countries including India, the Philippines, Japan, Cambodia, and Thailand and it can be observed that in each country, the regulatory standards for renewable energy operations are different. This is the reason why clients in these countries have different requirements understanding what the responsibility of the solution provider is.
Maxime gets in meetings with clients in the early stages of a project to understand their specific requirements and maximize value creation for them. Here, he also needs to consider all the regulatory guidelines and standards stated by the respective governments and assure clients that none of them will be violated during the process.
“We are based out of the Philippines and are specialized in handling projects in the country. We have seen trade liberalization and government supporting the production of renewable energy and this scenario is different from other countries like Indonesia and Japan where regulations are still very stringent”, said Maxime.
When it comes to technology, Maxime makes use of advanced technologies in the biomass processing segment and also helps clients regarding the financing of biomass plants. He is aiming to bring about a change and give a new definition to the waste-to-energy market. Technical challenges can be observed in other renewable energy sources.
In a very short period, Maxime has gained considerable trust and recognition as an entrepreneur in the renewable energy sector because of its differentiated approach and educational motive
Solar energy requires the installation of advanced solar panels and even then, without the right solar conditions, the whole system loses effectiveness. Solar infrastructure has been spreading over large regions but the amount of electricity generated is not sufficient compared to the global demand. In this regard, biogas plants are a game changer.
“I thought the raw material requirement for the production of biogas was the easiest to acquire. Many industries that produce their end product with organic matter as raw material also have organic byproducts”, Maxime adds. He understood this very early and started increasing awareness of this untapped resource. His company gets associated with local communities and makes them aware of the raw material requirement for the plant. The biogas that is generated in the plant can be used for various activities in that region.
This gas is called “uni-fuel” because it serves various kinds of purposes. Biogas can be used as a cooking fuel or transportation fuel. “Our team excels in managing large-scale renewable energy projects in the WTE (Waste-To-Energy) segment. We operate in many regions across Asia and prioritize quality, adherence to budget, and timely completion of projects”, said Maxime.
Maxime’s goal with Reurasia Energy Solutions
Maxime is dedicated to prioritizing the well-being of local communities in the Philippines. By actively engaging in the development and support of sustainable renewable energy projects, he aims to enhance both environmental health and economic prosperity significantly. Through these initiatives, his company not only contributes to the preservation of the natural environment but also fosters economic growth by bringing electricity costs down, ensuring a brighter and more sustainable future for the communities it serves.
“Our team shows extensive expertise across South East Asia that includes projects in India, Thailand, Cambodia, Vietnam, China, and the Philippines and now brings over 200 MW of generating power capacity experience to the field. We specialize in biomass, biogas, solar, and waste-to-energy power plants. Our team is dedicated to guiding our clients throughout the entire lifecycle of energy projects”, said Maxime.
In a very short period, Maxime has gained considerable trust and recognition as an entrepreneur in the renewable energy sector because of its differentiated approach and educational motive. He has executed various complex projects in this segment and believes that many such opportunities lie ahead of him as well. The primary idea that drives him to grow the company is the intention to address environmental challenges. “I want to be a part of the energy revolution and bring in technologies like AI to further streamline processes in the coming years”, he concluded.
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