Latest news with #WasteToEnergy
Zawya
16-07-2025
- Business
- Zawya
Tadweer Group acquires waste-to-energy stake from Masdar, entering joint venture with BEEAH
Tadweer Group acquires ownership of Masdar's share of the Sharjah Waste-to-Energy plant and becomes a partner in the Emirates Waste-to-Energy joint venture with BEEAH, supporting significant contribution to landfill diversion in the UAE Having successfully partnered with Masdar throughout the project, BEEAH will now work with Tadweer Group through next expansion phase ABU DHABI, UAE – Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading renewable energy companies, today announced the divestment of its stake, subject to customary closing conditions, in the Sharjah Waste-to-Energy plant to Tadweer Group, a leader in unlocking the value of waste. The move also brings Tadweer Group together with BEEAH, the region's sustainability and innovation pioneer, as joint venture partners in the Emirates Waste-to-Energy company, which owns and operates the Sharjah Waste-to-Energy plant. The acquisition by Tadweer Group of Masdar's stake is a strategic decision to allow the two organizations to focus on their respective core business strategies. Masdar is continuing to ramp up its clean energy capacity, while Tadweer Group is focusing on its UAE operations and international expansion to support its ambitions to become an international leader in sustainably unlocking the value of waste. Tadweer Group and BEEAH will now synergize their waste management expertise for the sustainable operations of the Sharjah Waste-to-Energy plant, while paving the way for future projects through their Emirates Waste-to-Energy joint venture. The Sharjah Waste-to-Energy project was inaugurated in 2022 under the Emirates Waste-to-Energy company as the first commercial-scale waste-to-energy plant in the Middle East. It plays a vital role in diverting waste from landfills and converting it into electricity, supporting the UAE's broader sustainability objectives. Through the Emirates Waste-to-Energy joint venture, BEEAH and Tadweer will jointly own and operate the plant, including going forward with plans to increase its power output from 30 MW to 60 MW, while doubling processing capacity for hard-to-recycle waste and displacing twice the volume of emissions. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: 'We are proud of the impact this project has had within the UAE, and we extend our sincere thanks to BEEAH for their valued partnership since the inception of our Emirates Waste-to-Energy joint venture. As we transfer our stake, we are confident that Tadweer and BEEAH will continue to advance the project with strong leadership and a clear strategic vision.' Ali Al Dhaheri, Managing Director and Chief Executive Officer of Tadweer Group, said: 'Acquiring this high-performing asset will further enhance Tadweer Group's capabilities and support the UAE's ambition to become a global leader in sustainable waste management and energy conversion. We look forward to working with BEEAH to build on the strong foundations it has laid working alongside Masdar.' Khaled Al Huraimel, Group CEO of BEEAH Group, said: 'We thank Masdar for having partnered with us in the Emirates Waste-to-Energy joint venture and their support on the Sharjah Waste-to-Energy Plant, our inaugural, groundbreaking project. We look forward to further building on these accomplishments alongside Tadweer Group as a joint venture partner, marking a new chapter of growth and waste-to-energy innovation for the nation and the region.' The finalization of this agreement underscores the partners' commitment to advancing the UAE's sustainability agenda. The organizations will continue to collaborate on innovative initiatives within the clean and renewable energy sector, reinforcing the nation's role in driving the global energy transformation and contributing to a more sustainable future. -Ends- Contacts: For Masdar media enquiries, please contact: press@ For more information please visit: and connect: and For Tadweer media enquiries, please contact: Sara Mousa, Corporate Communications Manager For more information, please visit For BEEAH media enquiries, please contact: press@ About Masdar Masdar (Abu Dhabi Future Energy Company) is one of the world's fastest-growing renewable energy companies. As a global clean energy leader, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the energy transformation and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of 51 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future. Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year. About Tadweer Group Tadweer Group, part of ADQ, an Abu Dhabi-based holding company, is leading the way in promoting sustainable waste practices and establishing new benchmarks for the circular economy. The company's strategic vision is aimed at revolutionising waste management by unlocking the value of waste. As the sole custodian of waste management in Abu Dhabi, Tadweer Group is committed to deploying advanced technologies and fostering strategic partnerships in support of the UAE's sustainability objectives, working towards its goal of diverting 80% of Abu Dhabi's waste away from landfill by 2030. In addition to its commitment to Abu Dhabi, Tadweer Group has ambitious international goals, striving to make significant contributions to sustainable waste management beyond the UAE. Please see a link here to the locations of Tadweer Group's Recyclable Materials Collection Centres, collection points, Reverse Vending Machines, and more. About BEEAH BEEAH is a sustainability and innovation pioneer, creating solutions for a sustainable future across environment, energy, healthcare, technology, and real estate. Headquartered in Sharjah, UAE, BEEAH operates across the Middle East and North Africa, driving positive environmental impact through technology, sustainable development, and strategic partnerships.
Yahoo
24-06-2025
- Business
- Yahoo
Waste to Energy Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034: Industry Leaders like Hitachi Zosen and Veolia Drive Innovations in Waste-to-Energy Technologies
The Global Waste To Energy Market is projected to grow at a 6.6% CAGR, reaching USD 78.6 billion by 2034. This growth is propelled by increasing urbanization, rising municipal solid waste generation, and limited landfill capacities, spurring the adoption of WtE technologies. Regions like Asia and Europe are leading this trend due to regulatory pushes for reduced landfill usage and enhanced energy recovery tech. The thermal WtE segment, anticipated to generate USD 65 billion by 2034, benefits from advanced incineration with combined heat and power technologies. Companies like Hitachi Zosen, Veolia, and Mitsubishi Heavy Industries are at the forefront, focusing on innovation and partnerships to improve energy efficiency. Waste to Energy Market Dublin, June 24, 2025 (GLOBE NEWSWIRE) -- The "Waste to Energy Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to Global Waste To Energy Market was valued at USD 42.4 billion in 2024 and is estimated to grow at a CAGR of 6.6% to reach USD 78.6 billion by 2034, driven by rapid urbanization and the increasing generation of municipal solid waste, both of which are pushing the need for more efficient waste management solutions. As landfill capacities reach their limits, adopting waste-to-energy (WtE) technologies is becoming more widespread. Additionally, decentralized waste treatment systems are gaining traction, especially in urban areas, where waste volumes continue to rise. Governments and businesses alike are investing in technologies that promote a circular economy and renewable energy sources, further strengthening the market landscape. Regulatory measures that reduce landfill usage are accelerating the adoption of WtE solutions, particularly in regions like Asia and Europe. Countries are setting national targets to reduce waste sent to landfills, which is creating opportunities for energy recovery technologies. Industrial activities, especially in manufacturing, contribute to the rise in waste generation, further fueling the demand for WtE systems. Meanwhile, global trade policies and tariffs, particularly those introduced in the US, may impact the market's growth. Despite these challenges, technological advancements and tighter environmental regulations on emissions are expected to propel the waste-to-energy sector thermal waste-to-energy segment is anticipated to generate USD 65 billion by 2034 due to the increasing use of advanced incineration plants with combined heat and power technologies, which improve energy recovery and overall system efficiency. Thermal plants allow for the generation of both electricity and heat, making them more sustainable and energy-efficient. These facilities are designed to optimize operations, reduce downtime, and enhance performance monitoring. The demand for waste-to-electricity solutions is high in urban areas where waste volumes are large, and the need for reliable energy sources continues to power generation application segment of the waste-to-energy market accounted for a substantial portion, contributing a 53.3% share in 2024. The need for efficient waste-fed cogeneration units, which provide electricity and heat, and the growing demand for grid-balancing facilities are key drivers of this segment's growth. As urbanization continues to accelerate and solid waste generation rises, there is an increasing reliance on waste-to-energy systems to address energy needs and waste management issues. The power generation segment benefits from the growing emphasis on renewable energy and circular economy practices, which further incentivize investments in waste-to-energy Waste to Energy Market will grow at a CAGR of 8% by 2034 due to the region's commitment to ambitious net-zero emission targets and a robust regulatory framework aimed at reducing landfill usage and encouraging sustainable energy solutions. Rising landfill taxes act as a catalyst, pushing municipalities to find more eco-friendly waste management alternatives. This is promoting the adoption of waste-to-energy plants that not only reduce waste volumes but also produce renewable energy, thus contributing to the region's environmental and energy companies in the Global Waste to Energy Market, such as Hitachi Zosen, Veolia, and Mitsubishi Heavy Industries, are focusing on innovation, improving energy efficiency, and integrating new technologies to maintain their market leadership. These companies are forming strategic partnerships and investing in research and development to improve waste-to-energy systems. Babcock & Wilcox and SUEZ, for instance, are concentrating on advancing their incineration technologies, while Enerkem is exploring ways to enhance the efficiency of waste conversion into clean energy. These efforts are crucial for expanding market share and strengthening their competitive Market Analysis and Forecast Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape Competitive landscape with Porter's Five Forces and PESTEL analysis Market size, segmentation, and regional forecasts In-depth company profiles, business strategies, financial insights, and SWOT analysis Companies Featured The companies featured in this Waste to Energy market report include: Babcock & Wilcox Enerkem Everbright Environment Hitachi Zosen JFE Engineering Marubeni Mitsubishi Heavy Industries Reworld SUEZ Stellar3 Veolia WM Intellectual Property Holdings Key Attributes: Report Attribute Details No. of Pages 123 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $42.4 Billion Forecasted Market Value (USD) by 2034 $78.6 Billion Compound Annual Growth Rate 6.6% Regions Covered Global Key Topics Covered: Chapter 1 Methodology & Scope Chapter 2 Executive Summary2.1 Industry synopsis, 2021-2034Chapter 3 Industry Insights3.1 Industry ecosystem3.2 Trump administration tariff analysis3.2.1 Impact on trade3.2.1.1 Trade volume disruptions3.2.1.2 Retaliatory measures3.2.2 Impact on the industry3.2.2.1 Supply-side impact (raw materials)3.2.2.1.1 Price volatility in key materials3.2.2.1.2 Supply chain restructuring3.2.2.1.3 Production cost implications3.2.2.2 Demand-side impact (selling price)3.2.2.2.1 Price transmission to end markets3.2.2.2.2 Market share dynamics3.2.2.2.3 Consumer response patterns3.2.3 Key companies impacted3.2.4 Strategic industry responses3.2.5 Outlook and future considerations3.3 Regulatory landscape3.4 Industry impact forces3.5 Growth potential analysis3.6 Porter's analysis3.7 PESTEL analysisChapter 4 Competitive landscape, 20244.1 Introduction4.2 Strategic dashboard4.3 Strategic initiative4.4 Company market share4.5 Competitive benchmarking4.6 Innovation & sustainability landscapeChapter 5 Market Size and Forecast, by Process, 2021-2034 (USD Billion)5.1 Key trends5.2 Thermal5.2.1 CHP incineration5.2.2 Co-combustion5.2.3 Thermal gasification5.2.4 Residual derived fuel plant5.3 BiochemicalChapter 6 Market Size and Forecast, by Application, 2021-2034 (USD Billion)6.1 Key trends6.2 Power generation6.3 Heating6.4 OthersChapter 7 Market Size and Forecast, by Region, 2021-2034 (USD Billion)7.1 Key trends7.2 North America7.2.1 U.S.7.2.2 Canada7.3 Europe7.3.1 Sweden7.3.2 Denmark7.3.3 Norway7.3.4 Italy7.3.5 Netherlands7.4 Asia-Pacific7.4.1 China7.4.2 India7.4.3 Japan7.4.4 South Korea7.4.5 Indonesia7.4.6 ThailandChapter 8 Company Profiles8.1 Babcock & Wilcox8.2 Enerkem8.3 Everbright Environment8.4 Hitachi Zosen8.5 JFE Engineering8.6 Marubeni8.7 Mitsubishi Heavy Industries8.8 Reworld8.9 SUEZ8.10 Stellar38.11 Veolia8.12 WM Intellectual Property HoldingsFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Waste to Energy Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
