|
26 October 2004 - Clean Energy Combustion Systems (Clean Energy) and EnEco Industries Ltd., are to construct and operate a 30 MW solid municipal waste-to-energy facility in Mexico.
A Memorandum of Understanding has been signed between the joint venture and Sistema Metropolitano de Procesamiento de Desechos Solidos (Simeprodeso), granting the two a concession to construct and operate the estimated $70m facility in the City of Monterrey.
Mr R Dirk Stinson, president of Clean Energy said, "While the meetings were originally held to discuss the disposition of forestry waste and the creation of electricity using our gasification technologies, they have since branched out to address more critical national issues facing Mexico."
Under the Memorandum of Understanding, for the next 20 years Simeprodeso will deliver 765 t per day of unsorted solid municipal waste and 135 t per day of car and truck tyres, to the plant to be gasified and to create heat energy that can be converted into electrical energy.
Simeprodeso will be obligated to purchase the electrical power generated at a fixed rate of $0.06 per kW, resulting in approximately $16m in revenues per year.
Clean energy and EnEco intend to secure an experienced third party solid municipal waste operator to fund the project and to operate the initial plant as well as anticipated follow up plants for Simeprodeso and are currently under discussions with an established operator.
Under the joint venture, all profits from the operation, licensing or sale of the Monterrey plant will be split 50/50 between the Clean Energy and EnEco Industries Ltd. Construction is proposed for 2005 and operations are scheduled to commence in 2006.
| 
Articles 
| View all PennWell sites | View all PennWell events
Add RSS Feed
