NVP Energy taps into global wastewater management market with new partners

19/08/2019

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NVP Energy, a Galway company continue to eye international expansion after securing a partnership with Welsh Water, a British utility , and planning a separate project with GrainCorp Malt, one of Scotland's biggest malting players. With the help of Enterprise Ireland, the company was set up in 2011 by managing director Micheal Murray, the former head of Kirby Engineering in Britain who joined forces with Nucleus Venture Partners directors Alan Phelan and Sean McKeague. NVP commercialised a technique at NUI Galway that uses anaerobic digestion technology to digest organic components in wastewater, creating biogas. This gas can then be used by customers to generate heat. " Our process is extremely efficient and cost-effective ", said Murray. " We convert the waste currently viewed as a significant cost and turn it into a profit generator. The high quality biogas created in the process will also reduce the total fossil fuel energy cost required by companies to produce their core product." 

NVP deployed its first full scale system with ADP food group in 2016 and quickly secured another project in the milk-processing dairy sector with ArraBawn Dairy in 2017. It expanded to Britain in 2017 securing three high profile projects. The main one with Heineken. "Brewing was a market we wanted to tap into and placed a lot of emphasis on", said Murray. "Worldwide there are about 10,000 breweries and the global market for brewing is expected to go from €500 billion to €640 billion by 2022. The future is very bright and international expansion is very much on the cards. Water waste management is such a large global market globally, generating maybe between €35-€50 billion per annum and we believe we have a product that is now proven in six different vertical markets and will continue to to prove itself."

Source: Sunday Business Post