China Everbright secures 18th waste-to-energy contract in Shandong province
Hong-Kong based China Everbright International has secured another contract for a waste-to-energy project in Shandong province, China. This is the company’s 18th waste-to-energy project in Shandong province.
The company said that the Qihe project will be developed and constructed on a build-operate-transfer (BOT) model for a concession period of 30 years.
The waste-to-energy project, which will be constructed in two phases and is designed to have a total daily waste processing capacity of 800 tonnes and gas emissions to fully comply with the Euro 2010 Standard.
Phase I has a designed daily household waste processing capacity of 500 tonnes, commands a total investment of approximately RMB345 million ($43 million), and is expected to generate approximately 70,000MWh of electricity annually.
As an important traffic hub of Shandong province, Qihe County has seen its local economy grow rapidly in recent years, which has increased the amount of household waste produced as residents’ lives have improved. According to Everbright, the introduction of waste to energy will assist the urbanisation process within the county and enhance the county’s ability to develop sustainably.
“Qihe project is the 18th waste-to-energy project which Everbright International has invested in Shandong province, and it is Qihe County’s very first project of this kind,” said Hu Yanguo, CEO of Environmental Energy Sector at Everbright International.
“In line with its commitment to social responsibility, Everbright International will establish the project as a demonstration waste to energy project that meets the highest standards. In addition, the group will proactively utilise resources from the surrounding area including Ji’nan City to make the best of the synergy within the area and achieve optimal economic, environmental and social benefits.”