Plasco, an Ottawa-based company whose plasma gasification solution converts a city’s household, commercial or industrial waste into clean energy, said it’s signed a memorandum of understanding with the Industrial Development Agency in the Polish capital of Warsaw.
The company said the agency is exploring the possibility of having Plasco build and operate thermal conversion facilities that use plasma to treat municipal solid waste and turn it into electricity and other valuable co-products, including an inert material that can be used to make concrete and asphalt.
“Plasco is opening a whole new set of opportunities for communities around the world,” said Mr. Bryden, a long-time Ottawa tech veteran and serial entrepreneur, in a statement. “Municipal solid waste has traditionally been seen as a difficult problem. Now countries around the world are looking to turn that problem into a resource and we’re very proud to have made that change possible.”
The agreement is part of the agency’s mandate to promote innovative technologies in Poland.
Plasco noted the pact is the fruit of a December 2009 meeting between the company and the agency that saw IDA representatives examining Plasco’s demonstration plant in Ottawa.
The company has seen considerable interest in its clean energy technology across the globe - including agreements in Ottawa and Red Deer, Alta. - with most of its projects currently in the demonstration plant phase at the moment.
Mr. Bryden said in January that Plasco hopes to finalize a contract with the City of Ottawa within the next few months, nearly two years after signing a letter of intent with the municipality.
