Waste2Energy announces Letter of Intent with Terra Navita for waste facility in Saint Maarten
10th September 2009
Waste2Energy Holdings, a New York, US-based waste-to-energy company has received a non-binding letter of intent from Terra Navita, its regional distributor, for the design, building and transfer of a 300 metric tonne per day (MTPD) waste-to-energy facility on the Caribbean island of Saint Maarten.
According to the agreement, the plant will process the 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 also eliminate the materials that generate greenhouse gases in a landfill, while producing approximately 9MW of renewable electrical energy, most of which will be sold back to the utility company.
Any formal agreement with Terra Navita is subject to the negotiation and execution of a definitive agreement. There can be no assurance that such an agreement will be reached between the parties or the final terms of any such agreement.
Waste2Energy is a supplier of proprietary gasification technology designed to convert municipal solid waste, biomass and other solid waste streams traditionally destined for landfill into clean renewable energy.
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