Latest news with #WTE
The Star
2 days ago
- Business
- The Star
Sun shines again on Cypark
Belqaizi: Cypark is well-positioned to participate in upcoming solar, battery energy storage system opportunities. FOR much of the last decade, Cypark Resources Bhd has played a pivotal role in Malaysia's renewable energy ambitions. Known for pioneering landmark solar and waste-to-energy (WTE) projects, the company has helped shape the nation's clean energy narrative.
The Wire
3 days ago
- General
- The Wire
‘Please Protect Our Right to Live': Women Protesters Write to CJI, Oppose Second Waste Plant in Bawana
Women from Sanoth village in Delhi's Narela zone have been staging a peaceful protest against the setting up of a second waste-to-energy (WTE) plant in Bawana. Photo by arrangement Real journalism holds power accountable Since 2015, The Wire has done just that. But we can continue only with your support. Contribute Now New Delhi: For the past 150 days, a group of women – mothers, grandmothers, and homemakers –from Sanoth village in Delhi's Narela zone have been staging a peaceful protest against the setting up of a second waste-to-energy (WTE) plant in the area, where locals say they already face pollution-related health hazards due to the presence of an existing WTE plant. With folded hands and unwavering resolve, they have now made an emotional appeal to the highest judicial authority in the country: the Chief Justice of India (CJI). In a letter sent on May 20 to the CJI, the women describe their lives as 'forgotten,' forced to live in what they call 'Delhi's dumping ground'. 'Garbage from across the city comes here, into our homes, into our skies, and into our lungs,' the letter reads. Sanoth village, situated on the outer edge of Delhi in Bawana, already suffers under the shadow of a massive WTE plant that burns thousands of tonnes of unsegregated municipal waste daily. The residents say this has turned the air toxic. Children cough through the night, elderly residents battle respiratory and kidney ailments, and young women are falling ill at alarming rates. 'We already have three dumping grounds and countless polluting industries, where are we supposed to go now? My daughter complains of stinging eyes and chest pain. Is this the cost of living in our own village?' says Vimla, a resident. Ignored by elected leaders Despite writing letters to their local MLA and MP, the women say their protests have been met with silence. No official has visited them. Instead, they now face an even harsher blow: approval for a second WTE plant just 800 meters from the village. This new facility will process an additional 3,000 tonnes of Delhi's waste everyday. 'Another fire. Another furnace,' their letter to the CJI states. 'It won't just burn garbage, it will burn what little peace we have left.' The women describe how their children, instead of playing freely, now struggle to run for even a minute. 'Their tiny lungs are already damaged. We may not have data or reports, but this is our everyday reality. We know what it feels like to sit beside a sick child and wonder if the air itself is killing them,' say the women. A fight for the right to breathe Since their protest began on December 20, the women of Sanoth have braved Delhi's harsh winter and scorching summer, refusing to relent. Their demand is simple yet profound: the right to breathe clean air. In their letter to the CJI, they invoke Article 21 of the Constitution, the fundamental right to life. 'If development means breathing in cancerous fumes, drinking contaminated water, and watching our grandchildren suffer, then what is this, development or destruction?' they ask. Environmental experts have also raised concerns about such projects. Reports by organisations such as the Centre for Science and Environment (CSE) have warned that incineration of unsegregated waste, especially in densely populated and industrial zones, poses grave health and ecological risks. Yet in working class neighborhoods like Bawana, these concerns are often ignored. 'We are not included in decisions that affect our lives,' the letter states. 'Plans are made for us, never with us.' 'Please stand with us, Hon'ble Sir. Please protect our children. Please protect our right to live,' the letter adds. For the women of Sanoth, this plea to the Chief Justice may be their final hope.
Yahoo
4 days ago
- Business
- Yahoo
Waste Energy procures all parts, components to build full-scale WTE system
Waste Energy (WAST) announced a series of major corporate milestones as it prepares to enter the revenue generation phase of its business in the second half of 2025. WEC has completed the procurement of all parts and components required to build its first full-scale waste-to-energy system. With the equipment now built & secured, the Company is finalizing preparations for installation and expects to commence operations shortly after permitting is secured. An update will be released on the investor call now set for June the 12th after the market closes. Over the next 30 days, the Company will submit filings for air quality, EPA, and business permits across four U.S. states, supporting its strategy to develop a national network of WTE conversion sites. These filings represent the next phase of WEC's operational growth and geographic expansion. Additionally, the Company successfully closed its first WTE-related consulting agreement during the first quarter of 2025. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on WAST: Disclaimer & DisclosureReport an Issue Waste Energy Corp. Delays Q1 2025 Report Filing Waste Energy Corp. Delays Annual Report Filing Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
5 days ago
- Business
- Associated Press
Waste Energy Corp Targets Scalable Growth with Strategic Win and Four-State Regulatory Pipeline in Motion
Company Sets Shareholder Call for June 12th FAIRFIELD, CA / ACCESS Newswire / May 29, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company'), (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced a series of major corporate milestones as it prepares to enter the revenue generation phase of its business in the second half of 2025. WEC has completed the procurement of all parts and components required to build its first full-scale waste-to-energy (WTE) system. With the equipment now built & secured, the Company is finalizing preparations for installation and expects to commence operations shortly after permitting is secured. An update will be released on the investor call now set for June the 12th after the market closes. Over the next 30 days, the Company will submit filings for air quality, EPA, and business permits across four U.S. states, supporting its strategy to develop a national network of WTE conversion sites. These filings represent the next phase of WEC's operational growth and geographic expansion. Additionally, the Company successfully closed its first WTE-related consulting agreement during the first quarter of 2025, further validating market demand for WEC's expertise and technology-driven waste remediation solutions. Addressing the U.S. Plastic Waste Crisis The United States generates more plastic waste than any other country on earth, producing approximately 42 million metric tons annually-equating to about 130 kilograms (287 pounds) per person each year. This figure is almost double that of China, the second-largest generator of plastic waste globally. Alarmingly, only about 5% to 6% of this plastic waste is recycled annually, with the majority ending up in landfills, incinerated, or polluting the environment. This mismanagement contributes significantly to environmental degradation and poses serious health risks due to microplastic contamination. Waste Energy Corp is committed to tackling this crisis by transforming non-recyclable plastic waste into clean energy and valuable byproducts, thereby reducing landfill dependence and mitigating environmental pollution . 'After years of designing and building a scalable, revenue-focused platform to tackle the U.S. plastic waste crisis, we are now positioned to activate it and begin full-scale operations,' said Scott Gallagher, Chairman and CEO of Waste Energy Corp. 'The equipment for our first waste-to-energy site is now fully secured and built, and we're actively advancing through the regulatory pathways in the four key growth states we've identified. We'll provide a detailed business update during the June 12th shareholder call. We are now entering the execution phase of our business model. Our mission-to divert and convert plastic waste into clean, U.S.-based energy products like low-sulfur diesel and carbon credits-is officially underway. In the second half of 2025, we're targeting the elimination of more than 2 million pounds of plastic waste that would otherwise end up in landfills, while delivering measurable value to shareholders, energy markets, and the communities we serve.' To provide shareholders and prospective investors with a comprehensive business update, Waste Energy Corp will host a live shareholder conference call on Wednesday, June 12, 2025, after the market closes. During the call, management will discuss the progress of its first facility, its permitting efforts, and the Company's outlook for the remainder of 2025. 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. Through the integration of advanced waste conversion and AI technologies, the company seeks to divert waste from landfill while creating new US 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 contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at Investor Contact: Waste Energy Corp Email: [email protected] Phone: (727) 417-7807 Website: SOURCE: Waste Energy Corp press release
Yahoo
7 days ago
- Business
- Yahoo
EVN AG (WBO:EVN) Half-Year 2025 Earnings Call Highlights: Strong Profit Growth Amid Market ...
Release Date: May 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. EVN AG (WBO:EVN) reported a solid half-year net profit of 250.6 million, marking a 26% increase compared to the previous year. The company confirmed its full-year guidance, expecting group net results between 400 and 440 million, indicating a substantial step up in earnings levels. EVN AG (WBO:EVN) is on track with its investment program, with investments up by 23% to 318 million, aligning with its plan to invest 900 million annually until 2030. The company has successfully aligned its CO2 emission reduction targets with the 1.5-degree goal of the Paris Agreement, enhancing its ESG credentials. EVN AG (WBO:EVN) has signed a new cooperation to install and operate 600 e-charging points, reinforcing its position as a market leader in Austria's e-mobility infrastructure. Renewable generation volumes were lower due to unfavorable wind conditions, despite the expansion of wind and photovoltaic parks. Market prices for EVN AG (WBO:EVN)'s electricity generation have declined year on year, impacting revenue from renewable generation. The company experienced a drop in revenue from natural gas trading due to lower prices and volumes. Higher procurement costs in the regulated energy supply business in Southeast Europe increased the cost of electricity purchases. The generation segment faced revenue decreases due to declining market prices and lower generation volumes, with expected EBIT to be lower than last year. Warning! GuruFocus has detected 6 Warning Signs with WBO:EVN. Q: With the new Austrian government's EUR200 million targeted tax for the utility sector, how will this impact EVN, and what do you expect from the government regarding utility-related strategies? A: The energy crisis contribution for electricity has been extended to March 2030, but the exact impact on EVN is unclear. We estimate a low single-digit amount. We hope for clear regulations, including the new Electricity Act, to provide stability for our industry. Q: The decline in renewables generation was over 40%. Is this solely due to lower wind and water flows? A: Yes, the decline is mainly due to less wind and water. Q: Regarding your April 2025 presentation, is the annual network investment of EUR450 million realistic, or should we expect an increase due to inflation? A: We do not foresee a major increase in this number. Q: Can you provide more details on the WTE disposal timeline and any changes in terms of economics? Also, what are your plans for battery investments? A: Both parties are committed to the WTE transaction, though complex details require more time. We plan a 70-megawatt battery at our energy spot location in T. Q: Can you confirm the environment segment's outlook for EBIT between EUR10 and EUR20 million? A: Yes, the environment segment's result outlook is above the previous year, with an increase expected due to the absence of last year's receivable devaluation effect. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
