Converted Organics just announced that the World Sports Alliance (aka the WSA) and the Republic of Guinea will use the company’s food-waste composting technologies in Africa to turn food scraps into organic fertilizer for crops. The WSA is utilizing Converted Organic’s High Temperature Liquid Composting process as part of its Waste-to-Fertilizer program, and the Republic of Guinea is the first of the WSA’s 24 member nations to begin participating. Hopefully, this technology will help farmers … Read the rest
Category Archives: Recycling/Waste
Appliance Recycling Centers (ARCI) Surging On Refrigerator Deal With Xcel Energy (XEL)
Appliance Recycling Centers of America (ARCI) popped about 30% an hour ago, but is well off those highs after it was announced that it’s been awarded a contract by Xcel Energy (XEL) to provide refrigerator recycling services for the utility’s residential electric customers in Colorado and New Mexico. The program is scheduled to begin on June 1, 2009 and run through December 31, 2010. Utility customers who turn in functioning but energy inefficient refrigerators will … Read the rest
Advanced Environmental Technologies (AERT) Will Process Lower-Grade Recycled Plastics At New Factory
Advanced Environmental Technologies just announced that it will use a new, $11.5 million factory in Watts, Oklahoma to recycle lower-grade plastics. AERT hopes to use this strategy to reduce its costs for materials for its recycled plastic/wood fiber products. The company also plans to re-sell some of the lower grade plastic to other companies, thereby increasing its revenue stream and providing opportunities for revenue that extend beyond the seasonal demand for building supplies.
In an … Read the rest
Darling Intl (DAR) Rises Above 200DMA On Earnings
Darling International (DAR), the largest publicly traded recycler of food waste (mostly fryer grease) reported mixed earnings yesterday, reporting an EPS that was in line with estimates at .06/share but revenues that were shy of expectations at $133 million. That’s a big drop in growth over the year ago period with an EPS drop of 77% and a revenue drop of 33%, but as is always the case, no matter how bad the quarter, the … Read the rest
WSJ: Waste To Energy – Covanta (CVA)
There’s an article over at the WSJ discussing waste to energy solutions, mentioning a study that shows incinerating a ton of trash emits at least 35% less greenhouse gas and yields 10x as much electricity as burying it and capturing the methane. Covanta (CVA), which is the world’s largest owner of waste to energy plants is highlighted in the article and the company stands to see a big pop in the stock if the … Read the rest
Xcel Energy (XEL) To Install Biomass Gasification At Wisconsin Plant
Xcel Energy just announced that it will convert its Bay Front Power Plant in Ashland, WI, to run completely off of biomass. The company plans to install biomass gasification technology in the last coal-fired unit at the plant, once regulators. Under the current timeline, the plant could be completely converted by 2012.
Here’s more about the project, from the Examiner.com:
When completed, the project will convert the plant’s remaining coal-fired unit to biomass gasification technology, … Read the rest
Clean Harbors (CLH) To Acquire Eveready
Clean Harbors just announced a deal to acquire the Canadian company Eveready, Inc. The total cost of the acquisition will be $464 million, of which $202 million will be used to buy Eveready stock and $262 million will be used to acquire Eveready’s debt. The deal is expected to be concluded in the third quarter.
Executives from Clean Harbors commented on the deal in an article from the Canadian Press:
… Read the restClean Harbors, with 4,800
Where To Look For World’s Best Green Energy Investments
By Sam Hopkins
Get your Free Cleantech Report Today!
The global clean energy puzzle has more than one piece. . .
So today, let’s take a look at the pivotal pros and cons of renewable energy investing in different regions of the world.
As we check out the challenges as well as the opportunities in each place, we gain a more integrated view, and our investment choices can be honed.
North America
Pro: … Read the rest
Converted Organics’ (COIN) Sutton, MA Food Waste Processing Facility Is Approved
Converted Organics just announced that it has received a permit from the MA Department of Environmental Protection for its Sutton, MA food waste processing facility. Like Converted Organic’s facility in Woodbridge, New Jersey, this facility will turn food waste into fertilizer for plants.
In a company press release, Edward J. Gildea, President of Converted Organics, explained the significance of the permit:
“The development of a Converted Organics food waste processing facility in Sutton, Massachusetts … Read the rest
Fuel Tech Awarded Air Pollution Control Contracts Totaling $2.1 Million
Fuel Tech (FTEK) announced some additional air pollution control contracts this morning totaling $2.1 million which include an order from an existing customer for NOxOUT(R) Selective Non-Catalytic Reduction Systems to be installed at two city solid waste incinerators in France. Orders were also received for a commercial High Energy Reagent Technology system & several HERT demonstrations for nitrogen oxide control.
“We are off to a great start this year in Europe,” commented John F. Norris … Read the rest