The first project funded by the UK Green Investment Bank (GIB), through its Foresight-managed fund, has started generating power.
The TEG Biogas plant (pictured, above) in Dagenham – said to be London’s first commercial-scale anaerobic digestion and composting facility – will generate 1.4MW of renewable electricity annually which will be sold to National Grid
It has the capacity to process up to 50,000 tonnes of green and food waste (pictured, right) annually and will produce 14,000 tonnes of compost and 36,000 tonnes of digestate every year for agricultural use.
The facility will also generate around 1.15MW of residual heat which will be used by Closed Loop Recycling – a plastic bottle recycling plant.
Business Secretary Vince Cable said: “This plant provides a cutting edge, environmentally friendly way to manage London’s waste and generate power.”