Acciona has been recognised by The Asset, a leading financial publication that specialises in issuance and investors in Asia, for its role as sponsor of the waste-to-energy plant project in East Rockingham (Western Australia).The company has won the award in the waste management project category for “Renewable Energy Deal of the Year 2020” in Australia and New Zealand.
At the end of 2019, Acciona was awarded the principal contract for the engineering, procurement and construction (EPC) project, together with its partner HZI. This was also the company’s first capital investment in a project of this type.
When completed, this AU$511 million (€320 million) plant will be the second large-scale plant in the country and will process around 300,000 tons of waste per year. This will prevent more than 300,000 tons of CO2 annually, equivalent to the pollution generated by around 64,000 cars.
The plant will have a net renewable energy production capacity of 29 MW, equivalent to the consumption by more than 36,000 homes, and will be located in the industrial area of Rockingham, some 40 kilometres south of Perth and seven kilometres from the pioneering Kwinana plant.
The plant itself will treat municipal waste from commercial and industrial sources.It will also recover around 73,800 tons of ash per year, which will be processed and used in asphalts and other construction materials.
The project also has financial support from the Clean Energy Finance Corporation, the Australian organisation charged with supporting the country’s energy transition, which has committed up to AU$50 million (€35 million) to the project; and the Australian Renewable Energy Agency (ARENA), which is providing AU$18 million in recoverable subsidies for the project (€11 million).
The awards ceremony will take place on 7 October in Singapore.