Finnish firm pours over 33 mln USD into clean energy project in Hanoi
Finnish firm pours over 33 million USD into clean energy project in Hanoi
Kimmo Tuppurainen, sales director for Southeast Asia for Watrec, said his company has launched a clean energy project worth 30 million EUR (more than 33 million USD) in Hanoi.
The waste-to-energy project of the Finnish firm is designed to treat some 600 tonnes of waste per day (Photo VNA)
Hanoi (VNA) - Kimmo Tuppurainen, sales director forSoutheast Asia for Watrec, said his company has launched a clean energy projectworth 30 million EUR (more than 33 million USD) in Hanoi.
Thewaste-to-energy project is designed to treat some 600 tonnes of waste per day,he said.
Itaims to collect, classify and convert urban solid waste into biogas and othermaterials to produce electricity, he added.
Watrecis negotiating with partners to arrange capital for the project.
Watrecis a leading biogas technology company in Finland, which treats 31,500 tonnesof organic waste each year.
Thewaste-to-energy project in Hanoiis intended to manage mixed waste without classification and treat urban solidwaste, Tuppurainen noted.
SakuLiuksia, Finpro’s programme manager of waste-to-energy and bioenergy, said Vietnam has alot of potential to develop clean energy projects from urban waste and agro-forestrywaste products.
FinProhas focused on converting waste into energy and bioenergy in Vietnam forabout two years, so it understands the country’s challenges and potential, hesaid.
Infact, many Finnish businesses have invested in this sphere in Vietnam andmade progress.
TheDoranova company is building a landfill treatment factory worth 6 million EUR(7 million USD) on the outskirts of HoChi Minh City, aiming to convert 35,000 tonnes ofwaste into energy.
Ayear ago, Doranova was one of the Finnish enterprises to implement a waste-to-energyproject in the southern provinceof Binh Duong. Matti Miinalainen, Valmet’sdirector for Asia Pacific & China, said Vietnam is a priority investmentdestination for Valmet. He suggested defining thefeasibility of projects and introducing new technologies to customers. A representative from FinProsaid Finnish businesses will work with Vietnamese companies and transfertechnology to local firms.-VNA
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The waste-to-energy project of the Finnish firm is designed to treat some 600 tonnes of waste per day (Photo VNA)
