SOURCE: Waste2Energy

Waste2Energy

March 10, 2010 08:20 ET

Waste2Energy Receives Order to Begin Design of 300 Metric Ton per Day Waste-to-Energy Facility in Sint Maarten

GREENVILLE, SC--(Marketwire - March 10, 2010) -  Waste2Energy Holdings, Inc. (W2e) (PINKSHEETS: WTEZ), a worldwide waste-to-energy company, announced that it has received an order for preliminary engineering and layout design from Terra Navita Inc., its regional distributor, for a 300 metric ton per day waste-to-energy facility on the Caribbean island of Sint Maarten. In a previously released communication, W2e announced that it had received a letter of intent from Terra Navita for this same project. This order will facilitate a fast start to the project once the contractual details have been finalized.

When fully operational the plant, which incorporates W2e's latest continuous Batch Oxidation System (cBOS™) technology, is sized to potentially process the entire unsorted municipal solid waste stream that is currently deposited in a landfill on the Dutch island. In addition to addressing the current capacity constraints of the landfill, the facility will eliminate the materials that generate greenhouse gases in a landfill, while producing approximately 9 MW of renewable electrical energy -- most of which will be sold back to the utility company. 

W2e's cBOS™ technology is employed in a 24 MTPD plant in Husavik, Iceland that has been operating for over 4 years and in a 120 MTPD facility in Dumfries, Scotland that will start commercially processing waste later this month. The air emissions from the Husavik plant have materially exceeded the stringent EU regulations and the Dumfries plant has received a permit to operate from SEPA (Scottish Environmental Protection Agency).

About Waste2Energy, Inc:
Waste2Energy, Inc. designs, builds and installs waste-to-energy plants that are scalable, modular, environment friendly and robust enough to operate in remote environments. We compete in the growing worldwide market for waste-to-energy systems that simultaneously destroy waste and recover energy. We provide customized engineering solutions that will enable our current and future customers to convert biomass and other solid waste streams traditionally destined for landfill into clean renewable energy. For more information, on Waste2Energy, please visit www.waste2energy.com

Safe Harbor Statement
Under the Private Securities Litigation Act of 1995 - This press release discusses forward-looking statements with risks and uncertainties. Our results could differ materially due to various factors, including inability to finance operations or expansion and hire or retain personnel, economy and interest rate changes, and events such as terrorism. We believe statements to be reasonable, but neither we nor any other person can represent they will be achieved. We are not obligated to update statements due to new information, events or otherwise. Please see the risk factors associated with our Company and review our SEC filings.

Contact Information

  • Contact:
    Peter Bohan
    CEO
    Waste2Energy Holdings, Inc.
    1 Chick Springs Road
    Greenville, SC 29609