Project Milestones

Completed & In-Progress Milestones (2024–2025)

Policy & Institutional Engagement

• Initial engagement completed with the Provincial Agricultural Office of Udon Thani

• Formal consultations held with the Udon Thani Provincial Farmers Council

• Strong institutional interest confirmed for an integrated biomass supply-chain approach aligned with the Clean Air Act and climate legislation

Project Structuring

• Conceptual design completed for a province-wide biomass aggregation model covering 1,867 villages

• Preliminary clustering defined for 153 Tambon-level biomass warehouses

• Initial framework designed for four (4) district-cluster compost plants and four (4) biomass power plants, co-located for logistics efficiency

Feedstock & Supply Chain

• Preliminary feedstock mapping completed for rice straw and sugarcane leaves

• Draft community participation model defined through village and Tambon-level enterprises

• Initial logistics flow validated (village → Tambon warehouse → compost / power plant)

Near-Term Milestones (Next 6–12 Months)

Community & Land Readiness

• Formal MOUs targeted with Tambon-level community enterprises

• Identification and preliminary securing of land for:

  • Biomass warehouses

  • Compost plants

  • Biomass power plant clusters

Pilot Infrastructure Deployment

• Pilot village-scale biomass warehouses commissioned

• Pilot compost production initiated to generate early farmer income

• Digital MRV baseline established for biomass collection and handling

Investment & Structuring

• SPV structure finalized for Udon platform

• Equity structure confirmed 

  • Community 10-20%  

  • REpow + Strategic Partners 10-20% 

  • VC 30-40%

  • DFI 30-40%

• Initial investor discussions advanced with Climate VCs and DFIs

Mid-Term Milestones (12–36 Months)

Scale-Up of Circular Infrastructure

• Full rollout of Tambon-scale biomass warehouses

• Commissioning of district-cluster compost plants

• Transition from pilot to commercial compost operations

Power Project Development

• Submission of biomass power plant license applications

• PPA discussions initiated (EGAT / PEA and/or direct PPA structures)

• EPC pre-selection and cost finalization

Digital MRV & ESG

• Full deployment of Digital MRV across villages, warehouses, and compost plants

• Independent ESG and clean-air impact reporting initiated

• Carbon-credit eligibility assessment completed

Long-Term Milestones (Post-COD, 3–5 Years)

Biomass Power Plant Commissioning

• Construction and COD of four (4) biomass power plants

• Long-term feedstock contracts activated

• Compost plants transition feedstock from straw/leaves to cassava rhizomes and other residues

Platform Optimization

• Stable baseload renewable electricity generation

• Portfolio-level operational optimization

• Preparation for refinancing, YieldCo aggregation, or strategic exit

Milestone Governance & Monitoring

• All milestones tracked through Digital MRV and project dashboards

• Quarterly progress reporting to investors

• Independent verification of feedstock, environmental impact, and social outcomes