Worldwide, about 130 million tonnes of Municipal Solid Waste (MSW) are combusted annually in over 600 waste-to-energy (WTE) facilities that produce electricity and steam for district heating and recovered metals for recycling. Currently, there are WTE facilities in 35 nations, including large countries such as China and small ones such as Bermuda. Some of the newest plants are located in Asia.
On Nov. 16, 2021Clean Vision Corp (OTC:CLNV) announced that its Clean-Seas subsidiary has purchased a 2.5-ton per-day pyrolysis plant for shipment to Hyderabad, India. The Company’s major capital expenditure solidifies its previously announced Memorandum of Understanding (MOU) signed last month with the Council of Scientific and Industrial Research (CSIR)–Indian Institute of Chemical Technology (IICT). That MOU provides for both parties agreeing to work together to bring Clean-Seas’ waste plastic-to-energy conversion technology to India to help mitigate its growing waste streams and provide clean energy as a part of the $1 trillion renewable energy infrastructure plan already being implemented by the Indian government.
$CLNV $CVA $HIZOF $PRA