Suez Environnement to Construct Waste-to-Energy Plant in China
Suez Environnement, Europe’s second-largest water company, and Chinese partners agreed to build an incinerator near Shanghai to convert hazardous and medical wastes into usable energy. Suez’s Sita Water Services unit formed a venture with Shanghai Chemical Industry Park and Nantong Economic Technology and Development Area Co. for the said project on the Yangtze River Delta that will generate about $794 million in sales over 30 years. The plant will have the capacity to treat 30,000 tons of hazardous waste and 3,300 tons of medical waste annually.
Brazil’s Rio Bravo Seek Partners to Fund Wind Power Growth
Rio Bravo Investimentos SA, an asset management company founded by former central bank president Gustavo Franco, is looking for new financial partners to help make the firm one of the country’s biggest wind power companies. Rio Bravo plans to bring its first 503.5 MW of wind energy on-line by year’s end and will at least double that by 2017, says Paulo Bilyk, its chief investment officer. The company needs 1.5 to 2 GW as it plans to go public within five to six years. The Sau Paulo-based firm is now in negotiations with potential financial partners for the planned expansion.
SSE Plans to Sell Stakes in 2 U.K. Offshore Wind Venture
SSE Plc is planning to sell stakes in two offshore wind projects because of high cost and limited support government for the technology. Galloper project of eastern England and will also cut its stake in the Beatrice project off the coast of Scotland from 75 percent to 50 percent. Utilities are ttying to reduce the cost of offshore wind from a level that Bloomberg New Energy Finance estimates is more than double that of onshore. Offshore wind costs around $189 per megawatt, with onshore at about $85 and coal $82, according to BNEF.
Lithium-Air Battery Technology Planned by Volkswagen
Speaking at the Geneva Motor Show, Dr. Heinz-Jakob Neusser of Volkswagen confirms that they are developing an 80kWh battery that would provide up to four times the battery power. Neusser refused to name the battery chemistry, but did not deny that is a lithium-air battery. Lithium-air is said to have the ability t catapult electric vehicles into the mainstream but several obstacles such as electrolyte degradation and high cost have prevented it from materializing. But improvements on the technology continue to move forward with the recent work by researcher from Japan’s Mie University. The main distinction between lithium-ion and lithium-air is that lithium-air replace the cathode with air, thereby resulting in a much lighter battery.
Tags: Nantong Economic Technology and Development Area Co., Shanghai Chemical Industry Park, Sita Water Services, Suez Environnement, waste-to-energy power plant, waste-to-fuel, Yangtze River Delta project