Renewable energy firm Mackay Green Energy is planning to put up a biomass processing plant in Tagoloan, Misamis Oriental to handle bana grass for export as an alternative source of energy.
In an article by The Negros Chronicle, the firm disclosed it has developed technologies to convert bana grass, a variety of grass that can be converted to fuel found to be superior to fossil- based coal and can be mixed with coal for power generation.
Mackay currently has vast bana grass plantations in the Caraga Region with the collected biomass (bana grass) to be processed in Butuan and in Misamis Oriental. Accordingly, the firm has received inquiries from Malaysia, India and Africa.
Watch ANC’s interview with Mackay Green Energy CEO James Mackay below.