Canvest Environmental Protection's WtE & SWM

active

The project comprises the construction of waste-to-energy plant at Huizhou City, Guangdong province, China and the expansion of municipal solid waste management services in Quyang County, Hebei province, China. The sponsor is Canvest Environmental Protection Group Company Limited (Canvest). It has been granted a loan funding by the Asian Development Bank (ADB), approved in the end of June and officially signed and announced on October 31st, 2024. The amount is $50m. The project’s WTE plant is expected to treat at least 300,000 tons of municipal solid waste a year, generating at least 93 gigawatt-hours of energy annually. This will help reduce at least 346,700 tons of annual greenhouse gas emissions. The project will also support the annual collection of at least 147,825 tons of waste by 2026. https://www.adb.org/news/adb-canvest-sign-deal-support-waste-energy-and-municipal-solid-waste-management-prc ; https://www.marketscreener.com/quote/stock/CANVEST-ENVIRONMENTAL-PRO-19354944/company/