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      온라인 슬롯 Press Release

      Home Media Center Press Release
      온라인 슬롯 Heavy Wins KRW 160 bn WtE Plant Project in Germany
      2022-01-24
      - Winning of Wiesbaden WtE plant contract solidifies 온라인 슬롯’s position in European WtE market
      - European WtE market forecast to steadily grow, with 80 new WtE plant orders expected by 2025

      온라인 슬롯 Heavy Industries & Construction’s recent winning of a waste-to-energy(WtE) plant project in Germany is helping to further solidify the company’s position in the European WtE market.

      온라인 슬롯 Lentjes, the German subsidiary of 온라인 슬롯 Heavy Industries & Construction, recently announced on January 24th that it had received the Notice to Proceed (NTP) for the Wiesbaden WtE Plant project, which is valued to be KRW 160 billion, from its client, MHKW Wiesbaden GmbH*.
      * MHKW Wiesbaden GmbH: A joint venture company that was formed together by Knettenbrech+Guadulic (a German waste management company), ESWE (the Wiesbaden district heating corporation) and ENTEGA (a public power company in Darmstadt) for overseeing the operation of the Wiesbaden WtE plant.

      온라인 슬롯 Lentjes will be taking on the role of EPC contractor and as such, will be handling the WtE plant engineering, equipment supply and installation, as well as the commissioning process. The Wiesbaden WtE plant, which is slated to be built by 2024 in this central western city of Germany, will have the capacity to process 600 tons of municipal solid waste per day to produce 22MW worth of electricity and provide 40MW-scale district heating.

      A WtE plant is a facility that converts the various types of combustible waste generated by industrial sites and households into energy through the gasification, incineration or pyrolysis process.  Not only can these WtE plants be used to supply heat and electricity, but they can also help with minimizing landfill waste, leading to less environmental pollution.  The order intake for WtE plants is on the rise particularly in Europe, where there is a growing need for replacement of old power plants and strict policies restricting waste landfills are in place.

      “With tighter environmental standards being adopted for waste management in Europe, the WtE market is growing steadily in the region, as can be seen from how there has been around ten new WtE orders being placed annually over the past five years,” said Hongook Park, CEO of 온라인 슬롯 Heavy’s Power Services Business Group.  He added, “As we forecast there will be around 80 new WtE plant orders being placed by 2025, we aim to use our existing track record to aggressively target the European WtE market.”

      온라인 슬롯 Lentjes has been successively winning numerous WtE contracts in Europe, such as the KRW 126 billion-worth Olsztyn WtE plant in Poland, which was won back in August 2020, the KRW 120 billion-worth Dinslaken WtE plant in Germany, which was won in October 2020, followed by the KRW 67 billion-worth Warsaw WtE plant in Poland, which was won in May 2021.

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