June 6, 2022

Angel Yeast increases new energy procurement in green push to curb carbon emission

Angel Yeast announced that the company has been granted the green electricity certificate issued and certified by the China Hubei Power Exchange Center and China Hubei Carbon Emissions Exchange at a signing ceremony held in Hubei province, China.

The company is among the first 71 companies to be given the certificate in the province, as part of China's national scheme designed to drive the green transition and accelerate toward a circular economy.

At the event, Angel Yeast also inked an agreement to purchase 9,012MWh of electricity generated by solar and wind power, which accounts for 20% of the electricity used by its Yichang-based factory and allows it to offset 6,447 tonnes of carbon dioxide.

"We are honored to be among the first batch of companies granted the green electricity certificate, which is not only a testament to our long-standing effort to implement green practices but also marks a significant progress toward our net-zero emission target," said Xiao Minghua, general manager of Angel Yeast. "As Angel continues to advance its green pledge by sourcing more electricity needs from renewable resources, as well as further ramping up investment into solar energy and biomass projects, and go a long way to helping us build the blueprint for achieving renewable-powered microbial proteins production."

Xiao added: "Our commitment to reducing carbon footprint across Angel Yeast's business operation and limiting the company's impact on the environment has also prompted us to explore other options to minimise CO2emissions, including deploying a range of clean energy solutions to upgrade factory facilities and adjusting our energy structure.

"In addition to increasing renewable energy procurement via green power purchase agreements, Angel Yeast has, in recent years, been transitioning from its dependence on fossil-fuel energy sources to a cleaner, more sustainable production mode by purchasing more biomass-produced steam, installing rooftop solar panels and recycling methane from wastewater."

Angel Yeast has been pioneering the technology to combine clean energy with microbial protein production, the company said. It believes that renewable-produced microbial proteins, which are the less land-intensive but more environmentally friendly and energy-saving solutions to help the world address food security issues, will become a substitute for plant and animal protein.

- Angel Yeast