December 1 (Renewables Now) - Japanese trading firm Marubeni Corp (TYO:8002) on Thursday said it is preparing to start construction of an 8.63-MW waste-to-energy facility in Thailand for local firm Chonburi Clean Energy (CCE).
Planned to use industrial waste, the facility in southeastern Thailand is expected to be put on stream by December 2019. Marubeni will act as the engineering, procurement and construction (EPC) contractor for the project, while JFE Engineering, part of Japan’s JFE Holdings Inc (TYO:5411), will be the technology provider.
The scheme will be implemented under Thailand’s feed-in-tariff (FiT) programme for renewables. Once operational, the plant will sell 6.9 MW of its output to Thailand’s Provincial Electricity Authority (PEA) under a 20-year contract signed in March. According to local media reports from earlier this year, the project calls for an investment of around THB 1.5 billion (USD 46m/EUR 38.6m).
CCE is a joint venture between WHA Utilities & Power, Glow Energy and Suez Environment.
Marubeni is currently building another waste-to-power facility using industrial waste in Thailand. The company said it intends to expand its waste management project activities to other countries in Southeast Asia.
(THB 10 = USD 0.306/EUR 0.257)