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MENAFN - - 10/9/2012 11:05:35 AM

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Covanta Completes Honolulu Energy-From-Waste Facility Expansion

EfW Facility Now Sustainably Manages All of Oahu's Municipal Solid Waste and Supplies 8% of the Island's Power

HONOLULU, HI, Oct 09, 2012 (Menafn - MARKETWIRE via COMTEX) --Covanta Energy Corporation CVA, a world leader insustainable waste management and renewable energy, today announcedthat it has completed the expansion of the H-POWER Energy-from-Waste(EfW) facility, owned by the City and County of Honolulu. CovantaEnergy is the designer, builder and operator of the facility, whichis an integral component of the City and County's comprehensive solidwaste management program.

The expansion added a third boiler, which increases the facility'scapacity by 900 tons of municipal solid waste per day. This bringsthe facility's total daily capacity to 3,000 tons and allows Covantato now process all of the island's post-recycled municipal solidwaste at the facility, diverting waste from landfills. The expansionwill also enable the facility to produce approximately 90 megawattsof renewable energy (gross generation) -- close to eight percent ofOahu's total power needs.

"Covanta is proud of our successful partnership with the City andCounty of Honolulu. The completed third boiler marks three years ofhard work by the Covanta team, and celebrates the innovative thinkingof the City and County in making the decision to move forward withthis expansion. The completed project brings a multitude of benefitsincluding increased diversion of waste from landfills, reduction ofgreenhouse gases, more renewable energy and new jobs that will make asignificant impact on Oahu's economy and energy independence," saidSeth Myones, executive vice president and chief operating officer ofCovanta.

In addition, the facility will help Oahu become more energyindependent by eliminating the need for one million barrels ofimported oil and reducing greenhouse gas emissions by almost onemillion tons each year due to the avoidance of methane fromlandfills, the offset of greenhouse gas emissions from fossil fuelelectrical production and the recovery of metals for recycling.

"By reducing our dependence on fossil fuels and creating energy fromtrash, H-POWER benefits the City environmentally and financially,"said Mayor Peter Carlisle. "With the third boiler, we can now diverteven more opala from the landfill and continue to emphasize morerecycling."

The completed expansion project also marks the commencement of a new20 year operating agreement with the City and County. Covanta beganoperating the H-POWER facility in 1990. In 22 years of operation, thefacility has processed more than 13 million tons of waste, reducedthe need for 15 million barrels of imported oil, saved 500 hundredacres of land otherwise used for landfills and recovered 450,000 tonsof metals for recycling -- the equivalent of four aircraft carriers.

For more information, please see http://www.covantaenergy.com.

About Covanta Covanta Energy Corporation is an internationallyrecognized owner and operator of Energy-from-Waste and renewableenergy projects and a recipient of the Energy Innovator Award fromthe U.S. Department of Energy's Office of Energy Efficiency andRenewable Energy. Covanta's 44 Energy-from-Waste facilities providecommunities with an environmentally sound solution to their solidwaste disposal needs by using that municipal solid waste to generateclean, renewable energy. Annually, Covanta's modern Energy-from-Wastefacilities safely and securely convert approximately 20 million tonsof waste into 9 million megawatt hours of clean renewable electricityand approximately 9 billion pounds of steam that are sold to avariety of industries. For more information, visitwww.covantaenergy.com.

SOURCE: Covanta Energy


 






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