Phase I of the $55m Project was Completed Ahead of Schedule : Everbright Begins Operations at 600 TPD Shandong Rizhao Waste to Energy Plant
China Everbright International, a Hong Kong based waste to energy developer, has completes construction of its 600 tonne per day Shandong Rizhao energy recovery facility in China.
Everbright (HKSE: 00257) explained that construction of the Rizhao Project Phase I started in August 2014 and after successfully passing the "72+24" hours trial run in October this year, it officially commenced commercial operation and connected to the national power grid.
According to the company the work was completed two and a half months ahead of schedule. The total investment in Project Phase I was RMB350 million, ($55 million). All gas emissions said to comply with the Euro 2000 Standard and it is expected to generate over 71,000 MWh of electricity annually.
"Rizhao Project is Everbright International's third operating waste to energy project in Shandong Province,” commented Mr. Chen Xiaoping, CEO of Everbright International.
“It is also the Group's fourth waste to energy project that has commenced operation within the year,” he continued. “Located in Shandong Province, which has a strongly rooted scholarly culture, Rizhao Project was designed and planned in accordance with this regional culture – the shape of the plant is designed to look like a book and the chimney is designed to look as straight as a pen, the integration building the waste to energy plant that is comparable to a garden.”
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