ECO ENERGY PLANT New Generation
Recycles 100% of all carbon-containing waste, without incineration and without emissions of harmful substances into the environment!
Recycles 100% of all carbon-containing waste, without incineration and without emissions of harmful substances into the environment!
On November 20, 2024, Eco Energy Plant LLP was recognized as the winner of the 2024 Renewable Energy Auction and received the right to conclude a PPA (Power Purchase Agreement) contract - a long-term contract for the purchase and supply of renewable energy from an electricity producer.
www.korem.kz/eng/press-centr/novosti"Clean Planet Corporation" PLC (hereinafter referred to as "CPC Holding"), plans to build a Pilot innovative "Waste Processing Eco Energy Plant" on the territory of the "TARAZ Industrial Zone" in the city of Taraz, Republic of Kazakhstan. The annual processing capacity is up to 100,000 tons of MSW per year. The plant is scheduled to be put into operation in Q2 2026, reaching its design capacity in Q4 2027.
The project operator is "Eco Energy Plant" LLP (hereinafter - "EEP"), a 100% subsidiary of CPI Holding. For the construction of the facility, a land plot of 10.5 hectares was allocated on the territory of the "TARAZ Industrial Zone" for a period of 20 years, until 2043. An agreement was also concluded with the Akimat of the city of Taraz for the provision and supply of solid waste for a period of 15 years, which guarantees the uninterrupted operation of production.
TARAZ - is a developing city in the south of Kazakhstan with a 2000-year history on the great Silk Road, whose population "produces" more than 100,000 tons of solid waste per year and its active growth will provide enough solid waste to fully load the plant's capacities. The project is being implemented with the full support of the leadership of the Zhambyl region and the city of Taraz.
Waste recycling is a gasification process in which 80% organic carbonaceous materials such as: all kinds of plastic, rubber, dough, paper,leather, bones,food waste, etc.,
When processing 75,000 tons of carbonaceous waste per year, we get 40,000,000 m3 of synthesis gas and 14,000 tons of coke.
In order to recycle waste, especially plastics, it must be sorted with high precision. Most countries cannot afford such sorting facilities because of their high cost and unprofitability.
Therefore, deep sorting is not widely used to solve waste problems. And in fact, more than 90% of countries in the world use the second method of disposal - "burial" in landfills.
The problems of waste incineration plants (WIP) are in the high cost of cleaning waste gases. Environmental requirements are constantly growing, and it is becoming more and more difficult and expensive to meet them. Such projects are mainly implemented in developed countries with expensive energy: Sweden, Germany, France, Japan, etc.
These countries also have deep waste sorting. 50-60% is reused, 40-50% is burned to produce electricity and heat. It is also important that waste incineration plants are built in cities with a population of over 1 million residents, which narrows the market for such projects.
CPC Holding is holding a closed sale of the company's common shares.
The purpose of the sale: Financial support for the execution of the RES-2024 contract, for the conclusion of a PPA (Power Purchase Agreement) offtake contract - an agreement for the guaranteed purchase of electric energy with the Single Purchaser "RFC" (settlement and financial center). The main financing for the construction of the plant is planned to be attracted from private investors for a share in the authorized capital, and long-term financing from the Industrial Development Fund, JSC "Zhasyl Damu". The cost of the project is 25 billion tenge or $ 50,000,000 USD.
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