Friday, July 6, 2012

No. 555: Japanese waste power generation technology goes to Vietnam (July 6, 2012)

Business trend:
Hitachi Zosen will construct Vietnamese first waste power generation facilities in collaboration with New Energy and Industrial Technology Development Organization (NEDO). The facilities will be constructed in the suburbs of Hanoi with an investment of about 2.4 billion yen. NEDO absorbs about 1.6 billion yen, and the remaining 0.8 billion yen will be split between Hitachi Zosen and Hanoi. NEDO will exchange memorandums with the Vietnamese government on July 6. Rapid urbanization is increasing the amount of industrial waste quite rapidly in Vietnam, and there is a growing concern about power shortage.

Hanoi produces 225 tons of industrial waste daily. The facilities will incinerate 75 tons, or 30% of the 225 tons, of industrial waste for generation daily and sell electricity to the neighboring industrial park. In Southeast Asian countries, land reclamation is widespread to dispose of industrial waste, but disposal fields are in short supply and emissions of toxic substances as dioxine attract wide attention these days. It is highly likely that power generation from waste will grow popular in such countries ad Indonesia and Malaysia that have great power demand. NEDO will exert lots of energy to export Japanese waste power generation technology in alliance with private companies.   

Vietnamese first waste power generation plant to be constructed by Hitachi Zosen

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