💡 We're extremely proud to announce that LGI will be adding more dispatchable, renewable energy to the distribution grid, having entered into an agreement with BINGO INDUSTRIES to install additional gas extraction infrastructure and develop a renewable power station at their Eastern Creek Recycling Ecology Park in Western Sydney.
LGI will install, own and operate the 4MW renewable energy power station on the BINGO INDUSTRIES' site – enough to power approximately 7,000 homes – by late 2024.
We will supply the renewable power to Bingo's Eastern Creek Recycling Ecology Park and state-wide network of transfer stations, as well as feeding surplus renewable electricity into the National Electricity Market (NEM).
"We are delighted to be working with one of Australia’s leading private waste operators and helping them to achieve their decarbonisation ambitions. Projects like Eastern Creek will provide reliable, affordable and responsive energy to customers, and contribute to speeding up the world’s transition to renewables." Chief Operating Officer Jarryd Doran.
Chief Executive Officer of BINGO INDUSTRIES, Christopher Jeffrey said,
"The agreement with LGI forms an important part of the company’s decarbonisation plan. We have a very clear decarbonisation pathway in place, and the production of renewable energy from our landfill is a key part of this. The agreement with LGI will enable us to put that gas to a more beneficial use, while reducing our emissions and achieving circular outcomes."
Read the ASX release; https://lnkd.in/gn7XFYr6
#renewables #landfillgas #carbonabatement #circulareconomy
