Annual Report 2012 - ecoWise Holdings Limited

ecoWise Holdings Limitedannual report 2012 03RENEWABLE ENERGYIn Singapore, the Group’s first biomass cogenerationpower plant in Sungei Kadut supplieswaste steam for a number of industrial applications.The waste steam application from the plant wasthe first registered Clean Development Mechanism(“CDM”) project in Singapore.The Group’s second biomass co-generation powerplant in Singapore at the iconic Gardens by the Bay(Marina South) commenced operation in November2011 for the supply of energy to the National ParksBoard. This newly completed biomass co-generationpower plant was constructed under a Design, Buildand Operate agreement entered with National ParksBoard for a fifteen years period.INTEGRATED ENVIRONMENTALMANAGEMENT SOLUTIONSThe Group provides resources management andintegrated environmental engineering solutionsfor industrial waste and energy management.The Group focuses on providing ‘low carbon’environmental solutions. It offers a range ofservices including process design and optimisation;engineering, procurement, fabrication construction;commissioning, operation and maintenance of thefacilities.In China, the Group’s 49% held subsidiary inWuhan, Wuhan ecoWise Energy Co., Ltd., currentlyowns a 25MW coal-fired power plant which ceasedoperation in 2010 pending for the commencementof the process to convert it into a 25MW biomassco-generation power plant.