Bio Eneco set to grow biomass fuel sales globally, focus on Japan markets

Managing director Oliver Yeo said Japan is the world’s fifth largest biomass market and its government has shifted from fossil dependency to renewable energy, aiming to account for 22-24 per cent of its electricity mix by 2030.

Bio Eneco plans to expand its biomass hub near Northport, Port Klang, in order to facilitate its global expansion with a focus on Japan which has a projected total biomass demand of 23 million tonnes in 2025, nearly triple the current rate.