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06/05/04
10:51
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Performance Test Proves Successful
Commissioning of Green Power for Australian
Households
Australia’s first Green Waste to Energy power plant has
successfully passed an Independent Performance Test for the
delivery of green electricity to Energy Australia
Green Pacific Energy’s (GPE) first green waste to energy power plant, situated at
Stapylton, Queensland, has passed an independent review by the internationally
renowned engineering company, Burns & Roe Worley.
The certifying engineer at Burns & Roe Worley stated, "It is refreshing to see an
Australian company taking the initiative with renewable energy. Green Pacific Energy
is to be congratulated on the successful completion of the first stage of its power
plant at Stapylton, now operating at design capacity. It represents a promising first
step in its ambitions to design, build and operate a number of similar but larger
facilities throughout the eastern states of Australia, applying a proven
environmentally friendly technology to generate usable electricity from the increasing
levels of metropolitan construction and green waste."
The certification report is the final endorsement of GPE’s unique generation process,
and represents another significant milestone for the Company. The focus now is on
the staged roll-out of its Phase 2 projects, which involve the construction of four 20
MW accredited green energy power plants respectively located at Stapylton, QLD;
Morwell, VIC; Bell Bay, TAS; and Kemerton, WA, as well as another 5MW plant in
Nowra, NSW. At the same time, GPE aims to commence construction of its coal
gasification plant in Dalian, China, during the latter half of 2004.
To ensure the reliability of its fuel supply, GPE had previously signed a 10 year
agreement with Collex for the supply of wood waste to its 5MW power plant
Stapylton, Queensland. GPE and Collex are now investigating other options to work
together on the upcoming projects around Australia.
Upon completion of all Phase 2 projects, GPE would be one of the leading providers
of renewable energy, delivering over 80 MW of clean, green energy to power tens of
thousands of homes across Australia. This would in turn generate an additional
revenue of $63million to the Company.
With its pipeline of projects, proven technology, and strategic alliances with key
industry players such as Energy Australia, Collex, Yokogawa Electric Corporation,
and TechComm Simulation, GPE is now well positioned to lead the renewable
energy generation market in Australia.
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