Paullee
4 years ago
North Hempstead Partners with Covanta for Sustainable Waste Management
Tue, January 12, 2021, 8:30 AM EST
Utilizing local Waste-to-Energy infrastructure will reduce truck traffic and greenhouse gases
NORTH HEMPSTEAD, N.Y., Jan. 12, 2021 /PRNewswire/ -- Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions, today announced a new agreement with the Town of North Hempstead, NY for sustainable waste disposal. Instead of landfilling approximately 140,000 tons of waste annually, the Town will now utilize the Covanta Hempstead Waste-to-Energy facility located in Westbury, NY. The agreement commenced January 1, 2021, for an initial five-year term with options to extend for an additional 10 years.
A fixture in the community for over three decades, Covanta Hempstead sustainably manages waste from residents of various local municipalities by combusting it at extremely high temperatures to generate steam for electricity production. This process is widely recognized for reducing greenhouse gases by eliminating methane emissions from landfills.
"Covanta is thrilled to partner with the Town of North Hempstead to sustainably manage its waste," said Rick Sandner, Covanta vice president and general manager. "The switch to a local Waste-to-Energy option is a huge win for the environment and will significantly reduce North Hempstead's carbon footprint. Waste-to-Energy plays a vital role in the transition to a zero-carbon economy."
Prior to the agreement with Covanta, the Town of North Hempstead utilized off-island landfills for the disposal of its residents' municipal solid waste, hauling waste as far as 300 miles away. By switching to a local option, the town will eliminate 4,000 tons of carbon dioxide from vehicle emissions annually while simultaneously reducing truck traffic on Long Island's busy highways. In addition, switching to Waste-to-Energy from landfill will eliminate approximately 140,000 tons of carbon dioxide equivalent that otherwise would have been generated.
"By partnering with Covanta and utilizing Waste-to-Energy as our primary means of waste disposal, the Town of North Hempstead is taking a meaningful step in making our community more sustainable," said Supervisor Judi Bosworth. "Utilizing existing disposal infrastructure on Long Island makes good environmental and economic sense while minimizing the impact from the waste we generate."
Covanta operates four Waste-to-Energy facilities on Long Island. The facilities in Westbury, West Babylon, East Northport and Ronkonkoma collectively process 1.8 million tons of waste, generate electricity to power 100,000 homes and recycle more than 55,000 tons of metal every year.
leftovers
6 years ago
MORRISTOWN, N.J., April 23, 2019 /PRNewswire/ -- Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions, has extended its partnership through 2035 with the Town of Babylon, NY for sustainable waste management services at the Babylon Resource Recovery Facility located in West Babylon, NY. The new agreement continues a three-decade relationship and provides the company with new opportunities for increased metals recovery and revenue sharing, while offering the town long-term price certainty for waste disposal.
leftovers
6 years ago
CVA going be Marching on UP!
https://ih.advfn.com/stock-market/NYSE/covanta-CVA/stock-news/79530195/covanta-and-green-investment-group-reach-financial
"GIG and Covanta have an ambition to deliver a joint portfolio of world class waste management infrastructure that will reduce landfill, lower emissions, and transform two million tonnes of residual waste a year into heat and power for communities and industry across the UK. I'm delighted that we get one step closer to realising that ambition today," said Ed Northam, Head of GIG Europe. "GIG's mission is to accelerate the transition to a greener global economy, and I believe Rookery can play an important role in helping the UK meet its goal of maximising the value of our resources to create a cleaner, greener, healthier planet."
The Rookery facility will provide 545,000 tonnes of annual treatment capacity for non-recyclable waste, further enabling the UK to achieve national self-sufficiency in managing waste and compliance with landfill diversion targets. Veolia will deliver the majority of Rookery's waste supply under a long-term contract, with the balance of the waste sourced through other commercial, industrial and municipal counterparties. In processing this waste, Rookery will generate over 60 megawatts of electricity which will be sold into the grid on a merchant basis, powering the equivalent of over 112,500 homes.