DevvStream Corp. Announces New Indonesian Waste-to-Energy Agreements, Expanding Environmental Asset Portfolio

Reuters
2025/06/09
<a href="https://laohu8.com/S/DEVS">DevvStream Corp</a>. Announces New Indonesian Waste-to-Energy Agreements, Expanding Environmental Asset Portfolio

DevvStream Corp., a leading carbon management firm, has announced two new memoranda of understanding (MoUs) in Indonesia, marking a significant expansion of its environmental asset program in Asia. The agreements are with PT Tren Solusi Transformasi Indonesia and PT Kartika Satu Graha Mandiri, both focusing on waste-to-energy (WtE) projects. These initiatives aim to convert municipal and landfill waste into grid-connected renewable power in West Java and Depok City, respectively. Through these partnerships, DevvStream plans to structure, certify, and market International Renewable Energy Certificates (I-RECs) and verified carbon credits, potentially creating new revenue streams. These projects will complement the company's existing hydroelectric agreement in South Sulawesi and solar energy collaboration in the Philippines, further diversifying its portfolio across ASEAN. As the Southeast Asia WtE sector is projected to grow significantly, these MoUs position DevvStream to address the region's waste and power challenges effectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DevvStream Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 254879) on June 09, 2025, and is solely responsible for the information contained therein.

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