- The global waste-to-energy market size is projected to grow from $32.15 billion in 2021 to $44.62 billion in 2029, representing a compound annual growth rate of 4.3 percent
- Sea to Sky Soils (“SSS”), a unit of EverGen Infrastructure Corp., is a leading processor of organic waste in B.C., processes inbound organic waste for a fee, turning it into high-quality organic compost and soils
- In recent weeks, SSS signed multiple contracts for the processing of organic waste at its facility, which provides over 10,000 tonnes per annum. The contract updates provide SSS with increased certainty on the supply of organic feedstock through 2025
Owing to rapid urbanization and bloated landfills, amongst other factors, waste management has become a problem on a global scale. Waste-to-energy is a solution that is gaining traction, turning a liability into an asset while matching government mandates to reduce dependence on fossil fuels and slash emissions across the board. The uptake is beneficial to companies like EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF) and its portfolio of projects specialized in converting municipal, agricultural, water, and other types of waste into readily usable energy.
Waste-to-energy is a technologically advanced method of waste management whereby organic material that would otherwise be burned, buried, or left to rot is processed into heat, energy, or other functional products, such as fertilizer. According to Fortune Business Insights, the global waste-to-energy…
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