Syncraft lands major international contract and establishes subsidiary in the land of the rising sun
A spin-off company of the Management Center Innsbruck (MCI) has recently achieved monumental success with an international scope: The technology company Syncraft will build a one billion yen wood-fired power plant in Shingu City, Japan, which will supply 3,900 Japanese households with electricity and heat. The plant is a highly efficient power plant based on a floating bed technology developed at MCI in collaboration with Syncraft.
The MCI spin-off Syncraft, which emerged from a research project at MCI, is now developing, planning and constructing state-of-the-art wood-fired power plants throughout Europe. With the collaboration in Japan, another international milestone has been reached. Marcel Huber, founder and CEO of Syncraft, is impressed: "Following Fukushima, Japan recognized that renewable energies are the way forward. I am delighted that we can make a valuable contribution here as a Tyrolean company".
The sophisticated floating bed technology works completely emission-free and achieves a fuel efficiency of up to 92%. In contrast to energy sources such as wind and sun, energy production from wood chips is both stable and predictable. Hence, this technology is globally regarded as a pioneer in the field of renewable energies, and it represents an ideal alternative for Japan, a country rich in forests. Shingo Numa, CEO of the Japanese Syncraft partner Forest Energy, is enthused by the collaboration: "The innovative technology offers an immense advantage over other suppliers. We are convinced that together with Syncraft we will build several more wood-fired power plants in Japan".
MCI-Rector Andreas Altmann is delighted for MCI spin-off Syncraft: "As the Entrepreneurial School®, we support the entrepreneurial ideas of our students and graduates alike, and help jumpstart the founding of companies, when innovative concepts prove particularly promising. The fact that the MCI spin-off Syncraft operates internationally with such success confirms the strategy of the MCI. "