As per the LOI, Nupower will supply equipments worth $80m. A formal purchase agreement will be executed on or before October 1, 2010.
Skygas is an electrokinetic process that is designed to transform solid and semisolid carbonaceous wastes into a synthesis gas to generate electric power and to produce synthetic diesel.
Remetco, which has developed a closed loop recovery system for both metals and its by-products from electronic scrap, spent tires, plastics, municipal solid wastes, automotive catalytic converters along with other industrial and pharmaceutical spent catalysts, will use Nupower’s Skygas process for treating the wastes discharged from its resource and metals recovery system.
The surplus power generated from the recovery system will be supplied to the neighbouring cities. The first plant, located in Welland, Ontario, will process 500 tons of waste per day. Over the next five years, the capacity of the plant will be expanded to 5,000 tons per day.
Frank Hsu, chief operating officer of MPM, said: “Remetco’s use of Skygas as the technology for their waste-to-energy systems marks the beginning of our worldwide commercialization of Skygas technology, as well as the end of an era of deficiency in quality and capacity of gasification systems in the fast growing waste gasification market.”
