Aquentium Signs Power Purchase Agreement in China
Aquentium, Inc. (OTCBB: AQNM) recently announced that the company has signed a power purchase agreement to provide electricity to a municipality in the Shandong Province of China from the conversion of waste-to-energy.
One of the most serious issues facing urbanized areas today is development of cost-effective environmentally acceptable disposal of a community’s solid waste.
Waste-to-energy (WtE) or energy-from-waste (EfW) is the process of creating energy in the form of electricity or heat from the gasification of waste source. WtE is a form of energy recovery. Most WtE processes produce electricity directly through combustion, or produce a combustible fuel commodity, such as methane, methanol, ethanol or synthetic fuels.
Aquentium is focused on bringing new ways to recycle waste by generating electricity from landfill waste and reducing pollution for the Country of China. While there is an obvious need to minimize the generation of wastes and to reuse and recycle them, the technologies for recovery of energy from wastes can play a vital role in mitigating the problems.
Besides recovery of substantial energy, these technologies can lead to a substantial reduction in the overall waste quantities requiring final disposal, which can be better managed for safe disposal in a controlled manner while meeting the pollution control standards. Waste-to-energy plants produce heat and electricity from waste, delivering it to households and industry, thus replacing the energy produced by conventional power plants, using fossil fuels.
Solid waste management is a major issue worldwide, because of increasing concerns with environmental problems. Aquentium’s solution is to use municipal solid waste, which, for all practical purposes is a renewable commodity, for the generation of electricity.