EAGLE, Idaho, June 9, 2011 /PRNewswire/ --
Dynamis Energy (http://www.dynamisenergy.com) and All Way (http://www.allway.it) have entered into a Joint Venture for the construction and management of a Waste-to-Energy plant based on the Dynamis 3.0 Advanced Thermal Gasification Technology. Under the agreement, All Way and Dynamis Energy will design and build the Waste-to-Energy plant in Lombardy, Italy. The plant will be integrated into an existing waste management facility and will process post-sorted municipal solid waste to generate steam and electricity.
All permits for the Waste-to-Energy plant have been secured and engineering for the plant has begun. The actual construction phase of the Waste-to-Energy plant will take approximately 10 months and is anticipated to begin in August of 2011. Actual start up and operation of the plant is anticipated to be in the late summer or early fall of 2012.
C. Lloyd Mahaffey, Chairman and CEO of Dynamis Energy said, "Dynamis is pleased to deploy our state of the art technology in Italy through our partnership with All Way on this project. This will be our first plant in Europe, and will serve as a springboard for more plants in Italy and the European Union."
Based on the Dynamis 3.0 technology, the Waste-to-Energy plant is will generate electricity as well as provide heat for a sludge drying operation.
Dynamis Energy's unique modular system has the ability to process a wide spectrum of waste streams, uses very little fuel per cycle, and process waste in a very efficient manner, while maintaining very low emissions. These attributes were key factors in the selection of Dynamis technology by All Way. Gaetano Barbieri Chairman of All Way said, "This is the culmination of years of preparation and hard work by All Way and we are very excited to move this project forward, and believe the Dynamis waste destruction technology is far superior to any technology we have considered."
Luca Mestrone, CEO of All Way added, "This project begins our partnership with Dynamis Energy and through it, we present our customer with a superior solution. All Way and Dynamis intend to promote the Dynamis 3.0 Waste-to-Energy Technology to provide superior waste management solutions throughout Italy."
About Dynamis Energy, LLC
Dynamis Energy is a leading provider of Advanced Thermal 3.0 Technology used to recycle municipal and other solid wastes to provide sustainable economic and environmental benefits. Dynamis Energy is based in Eagle, Idaho and designs, builds, owns and operates Waste-to-Energy plants. Dynamis Energy currently has projects underway in North America, South America, and Europe.
About All Way srl
All Way is a company which manages manufacturing and services activities, as e.g. consultancy, research assistance, designing, projecting, marketing, installation, maintenance, etc. of products and plants in renewable energies and telecommunication businesses.
SOURCE Dynamis Energy, LLC