A project to build a waste-to-energy plant in Wales, which will process 100,000 tonnes of waste each year is on the agenda for Waterford firm FLI Environmental, reports the Sunday Business Post.
Work on the project is due to begin next year with the plant set to open in early 2010.
Michael Flynn, founder and chief executive of FLI stated that the plant will recover recyclable elements and convert the bulk of the remainder into energy through gasification, when processing waste at the plant.
He added: "This is a new departure for us - it is where we see the future. We want to get a series of projects off the ground quickly. We have identified several opportunities in Britain and are close to two partnerships in Ireland."
"There are lots of credits for generating renewable energy, and the return on investment is much greater than other areas. The profits you can make are much higher."
The project will cost the company ?25.4 million (£20.59 million).
Among the roles of the company include designing, building, owning and operating Autoclave and Gasification Technology.
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