EcoEnergy signs MoU for waste-to-energy facility

Swedish EcoEnergy Scandinavia AB has signed a memorandum of understanding (MoU) with Changzhou Xinbei district government and Jiangsu Guoyu Electric Co Ltd. regarding building local waste-to-energy facilities in the Changzhou Xinbei district in China. If the results from Xinbei WTE project feasibility study prove the project to be feasible, all parties will start work on finalizing commercial terms for the project as soon as possible. (November 26, 2009)