Shandong Qingdao Jiaozhou Integrated Solid Waste Treatment Phase I

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The project involves the development of the first phase of the Shandong Qingdao Jiaozhou Integrated Solid Waste Treatment project in China. The project will cover the integrated treatment of household waste, food waste, municipal sludge, fly ash and incineration residue for Jiaozhou City and its rural area. It is designed to have a daily household waste processing capacity of 1,200 tonnes, a daily food waste processing capacity of 100 tonnes, and a daily municipal sludge processing capacity of 200 tonnes and will be equipped with two 600 tonnes/day mechanical grate furnaces and a 25MW turbine power generator. The Invest-Construct-Operate concession has a period of 30 years including construction period. Sponsor is China Everbright Environment Group Limited and the total value is $121.75 million (RMB867 million). According to the concession agreement, the project company's receipt of renewable energy subsidies will be linked to the waste treatment service fee adjustment mechanism to ensure reasonable return of the project. https://www.cebenvironment.com/en/media/news_content-p220112.html