Latest news with #wastetoenergy
Associated Press
2 days ago
- Business
- Associated Press
Waste Energy Corp to Present at OTCQB Venture Virtual Investor Conference August 7; Signs First Feedstock Agreement for Midland Waste-to-Energy Facility
MIDLAND, TX / ACCESS Newswire / July 29, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company') (OTCQB:WAST), an emerging leader in clean energy and waste-to-energy innovation, today announced that it will present at the OTCQB Venture Virtual Investor Conference on Wednesday, August 7, 2025, at 2:30 PM EST. The Company's 20-minute investor presentation will provide an operational update, outline its near-term and long-term growth strategy, and highlight key milestones in the commercialization of its Midland, Texas waste conversion facility. The presentation will offer insights relevant to investors interested in emerging opportunities within the clean energy and sustainability sectors. Waste Energy also announced it has entered into its first feedstock agreement, securing a consistent supply of post-consumer and industrial plastic and rubber waste for its flagship 15-ton-per-day waste-to-energy system in Midland. This key agreement marks the beginning of revenue-focused operations and establishes the foundation for scaling production. 'Our participation in the OTCQB Venture Conference is a timely opportunity to update investors on the accelerating progress we're making in Texas and provide some insight into our revenue & business model going forward,' said Scott Gallagher, President & CEO of Waste Energy Corp. 'Securing the necessary feedstock to fuel our growth is a critical milestone that's now been checked. Based on our current pipeline, we're confident we'll have more than enough material to consistently supply our fully scaled 30-ton-per-day system as we prepare for commercial launch and initial revenue generation targeting early September. At the same time, we are in active discussions to finalize offtake agreements for both non-road ULSD (ultra-low sulfur diesel) and recovered carbon black. Once signed, we expect these agreements will include a commitment to purchase 100% of the fuel produced from our waste stream, representing a key step toward establishing predictable, recurring revenue as we move rapidly toward commissioning our first full waste-to-energy system.' Management anticipates signing offtake agreements in the near term, completing a closed-loop revenue model that supports both early profitability and long-term scalability and will provide updates during the presentation. To register for the August 7 presentation or learn more about Waste Energy Corp, visit: About Waste Energy Corp Waste Energy Corp (OTCQB:WAST) is transforming waste into opportunity by converting non-recyclable plastics and used tires into clean, U.S.-based energy sources. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfills and convert it into new U.S.-based energy streams that generate measurable environmental and economic value. Waste Energy Corp is a fully reporting SEC Exchange Act company, trading on the OTCQB under the symbol WAST. For more information, visit or access investor disclosures at Forward-Looking Statements This press release and any other publicly disclosed content contain forward-looking statements regarding Waste Energy Corp's business operations, future financial performance, and projections. These statements are subject to various risks and uncertainties, including market conditions, regulatory approvals, and other factors outside of the control of WEC, which may impact actual results. Investors are encouraged to review all risk factors and disclosures in the company's public filings with the Securities and Exchange Commission, including the Company's quarterly and annual financial statements at before making any investment in a publicly traded equity. Investor Contact: Waste Energy Corp Email: [email protected] Phone: (727) 417-7807 Website: SOURCE: Waste Energy Corp. press release
South China Morning Post
24-07-2025
- Business
- South China Morning Post
China's little-known oversupply problem: insufficient waste amid glut of incinerators
While severe oversupply in Chinese industries ranging from the traditional steel sector to the hi-tech production of solar panels has made headlines recently, one lesser-known sector suffering the same fate is waste-to-energy incineration. The optimistically planned industry, giving China the world's highest processing capacity, is struggling to find enough waste to burn, with experts blaming a slowdown in the growth of supply driven by factors including an economic downturn and slowing urbanisation. Since 2019, the amount of municipal solid waste generated in China has increased by more than 10 per cent, but incineration capacity has more than doubled, resulting in 40 per cent of waste-to-energy incineration capacity sitting idle, according to government data and estimates from researchers. Last year, China collected and transported over 262 million tonnes of municipal solid waste, an increase of about 11 per cent on the 235 million tonnes in 2019, according to data released by the Ministry of Ecology and Environment. In October last year, there were 1,010 incineration enterprises nationwide with a total capacity of around 1.11 million tonnes a day, the ministry said at a news conference in December. That was more than double the 457,639 tonnes a day reported by the Ministry of Housing and Urban-Rural Development in 2019. In a note issued earlier this month, analysts from Cinda Securities said China's waste incineration plants are seriously underutilised and estimated to be running at an average capacity of 60 per cent.
News24
18-07-2025
- Business
- News24
Meet Thabo Mngomezulu, a former musician converting waste to energy
A former session musician turned clean energy entrepreneur, Thabo Mngomezulu, is transforming his rural community through innovative waste-to-energy solutions. His groundbreaking work has earned him recognition as a News24 Young Mandela for 2025 in the Climate, Literacy and Sustainability category. As CEO and founder of Kasi Gas, Mngomezulu converts organic waste into affordable biogas for cooking and heating while producing nutrient-rich organic fertiliser for local farmers. What began as a personal pivot during the Covid-19 lockdown has evolved into a comprehensive solution that addresses environmental challenges and energy poverty. 'I lost my income because I've been a session musician for a decade,' Mngomezulu told News24. 'So I wanted to lean towards something more sustainable, that would not only serve me, but also serve the communities I come from.' This crisis became a catalyst for transformation. Rather than seeking opportunities elsewhere, Mngomezulu deliberately returned to his roots in Mpumalanga. 'I left my community here in Fernie to go and stay in Johannesburg, but I'm back because I know that I have to be the person who drives the change,' he says. 'So I want to be a pioneer for change.' Mngomezulu's innovative approach addresses multiple interconnected challenges facing his community. In an area without formal waste management services, Kasi Gas diverts organic waste from illegal dumping sites and processes it into biogas. The system's byproduct—quality organic fertiliser—serves small-scale crop farmers and households engaged in subsistence farming. 'Because they've been monocropping (growing a single crop on the same land year after year) for a very long time and using chemical fertilisers, their soil is degraded, but my bio-fertiliser helps to revitalise that soil, while the biogas provides a clean and affordable source of energy for cooking and heating,' Mngomezulu says. The impact extends beyond energy and agriculture. Kasi Gas has become an educational platform that raises awareness about waste as a valuable resource rather than a burden. 'People did not know that waste is a resource you can use to generate income,' he notes. The initiative teaches community members to save plastic and paper waste for sale, creating additional income streams. Mngomezulu's work also introduces sustainable farming practices to a community dependent on chemical inputs. 'We are introducing organic farming to them, which is more sustainable,' he says, describing how the project exposes farmers to different planting methods that work harmoniously with the environment. His comprehensive approach embodies Nelson Mandela's spirit: bringing people together for collective progress while addressing systemic inequalities. 'My hopes for the future are to stimulate economic activity in low-income areas because I have firsthand [experience] growing up in one, and I know the disadvantages that we face, and it's almost as if people do not care about rural communities,' he says. The Mandela connection runs deeper than circumstance. 'When I think of Mandela, I think of freedom and all the odds against him, but he still prevailed. And so for me, that means resilience,' Mngomezulu says. Speaking about his Young Mandela recognition, Mngomezulu sees it as validation of his community-centred approach. His work proves that meaningful change often begins with people willing to return home, roll up their sleeves, and pioneer solutions that serve both people and planet. Through Kasi Gas, Mngomezulu demonstrates that environmental sustainability and economic empowerment are not competing priorities but complementary solutions.
Zawya
17-07-2025
- Business
- Zawya
Tadweer acquires waste to energy stake from Masdar
Masdar, a leading renewable energy company, has divested its stake in the Sharjah Waste-to-Energy plant to Tadweer Group, a leader in waste value unlocking. The move brings Tadweer Group and BEEAH, the region's sustainability and innovation pioneer, as joint venture partners in the Emirates Waste-to-Energy company. The acquisition allows the two organisations to focus on their core business strategies, with Masdar increasing its clean energy capacity and Tadweer focusing on UAE operations and international expansion. The Sharjah Waste-to-Energy plant, inaugurated in 2022, plays a vital role in diverting waste from landfills and converting it into electricity, supporting the UAE's sustainability objectives. The Emirates Waste-to-Energy joint venture will jointly own and operate the plant, with plans to increase its power output from 30 MW to 60 MW, double processing capacity for hard-to-recycle waste, and reduce emissions. Mohamed Al Ramahi, Chief Executive Officer of Masdar, said: 'We are proud of the impact this project has had within the UAE, and we extend our sincere thanks to BEEAH for their valued partnership since the inception of our Emirates Waste-to-Energy joint venture. As we transfer our stake, we are confident that Tadweer and BEEAH will continue to advance the project with strong leadership and a clear strategic vision.' Ali Al Dhaheri, Managing Director and Chief Executive Officer of Tadweer Group, said: 'Acquiring this high-performing asset will further enhance Tadweer Group's capabilities and support the UAE's ambition to become a global leader in sustainable waste management and energy conversion. We look forward to working with BEEAH to build on the strong foundations it has laid working alongside Masdar.' Khaled Al Huraimel, Group CEO of BEEAH Group, said: 'We thank Masdar for having partnered with us in the Emirates Waste-to-Energy joint venture and their support on the Sharjah Waste-to-Energy Plant, our inaugural, groundbreaking project. We look forward to further building on these accomplishments alongside Tadweer Group as a joint venture partner, marking a new chapter of growth and waste-to-energy innovation for the nation and the region.' - OGN /TradeArabia News Service
CBS News
17-07-2025
- Politics
- CBS News
Miami-Dade commissioners vote to build new waste-to-energy facility, but location still undecided
Miami-Dade County commissioners voted Wednesday to move forward with building a new waste-to-energy facility, a key step in addressing the region's growing trash problem. "I think it's a victory for the residents of Miami-Dade, not just District 12," said Commissioner Juan Carlos Bermudez, who opposed rebuilding at the site of the Doral incinerator that burned in 2023. "The facility will not be built either in Doral or Medley or in the 58th Street portion or Sweetwater or Airport West," Bermudez said. Any new facility must now be located at least half a mile from any residential area. The decision was applauded by Miramar Mayor Wayne Messam. "I just want to say thank you to the leadership of Miami-Dade County commissioners who voted to remove Airport West from consideration," Messam said. The motion, proposed by Commissioner Danielle Cohen Higgins, was approved unanimously. "The policy was set at the county today that we will build a waste-to-energy facility with a heavy emphasis on composting and recycling," Cohen Higgins said. "The ultimate decision of where it'll be built is still yet to be determined." The two remaining sites under consideration are west of Okeechobee Road and are located on private property. "I believe that the technology today for waste-to-energy is environmentally sound," said Miami-Dade Mayor Daniella Levine Cava. Earlier in the day, she had suggested considering landfills instead of incinerators. But after the vote, she expressed support for the decision to move forward. "I was not opposed in principle to waste-to-energy," Levine Cava said. "My concern was how we are going to get there, because there's been a lot of back and forth about where it's going to be." Proposals that had sparked outrage in Doral and Miramar—where residents opposed having an incinerator in their backyard—have now been removed from consideration. The site of the old incinerator and a location in Medley are officially off the table. Commissioners are expected to reconvene in 90 days to make a final decision on the two remaining sites.
