08 Dec 2015
Everbright International Shandong Weifang Waste-to-energy Project Completes Construction and Commences Operation8 December 2015, Hong Kong – China Everbright International Limited ("Everbright International" or the "Group") (HKSE: 00257) is pleased to announce that the Shandong Weifang Waste-to-energy Project ("Weifang Project" or the "Project") Phase I has completed construction and commenced operation.
With a total investment of approximately RMB586 million, Weifang Project Phase I has a designed daily household waste processing capacity of 1,000 tonnes. Its gas emission will fully comply with the Euro 2000 Standard and leachate will be processed in accordance with the National Grade 1A standard. The Project Phase I is expected to generate over 122,000,000 kWh of green electricity annually.
Mr. Chen Xiaoping, CEO of Everbright International, said, "Weifang Project is the first project in Weifang Everbright Environmental Protection Industrial Park. The successful construction of the Project will facilitate the progress of other environmental protection projects in the park. It is also the Group's fifth waste-to-energy project that has completed construction and commenced operation to date this year, following Zhenjiang Waste-to-energy Project Phase II in Jiangsu Province, Boluo Waste-to-energy Project in Guangdong Province, Ningbo Waste-to-energy Project Phase II in Zhejiang Province and Rizhao Waste-to-energy Project in Shandong Province. The completion of construction and commencement of operation of the projects not only helped to establish demonstration projects but also created strong growth potential for the Group".