- Medical Waste to Clean Energy Recycling Project in Development.
- Safe, Efficient Pyrolysis Technology to Handle 70 Tons of Med Waste/Day.
- Partnership to Develop Waste Recovery Plants in Australia Projected to Attract $1 Billion in Investment Value.
- Large Solar Farm Projects in Development for Mexico and Australia.
- Revenue from Outdoor Advertising & Solar Lighting Product Divisions.
Sun Pacific Holding Company, Inc. (OTC: SNPW) is a diversified holding company encompassing the following subsidiaries: Sun Pacific Power Corp, Street Smart Outdoor Corp, MedRecycler, and National Mechanical Corp. SNPW continues to build upon management’s knowledge and experience across all its business sectors. The primary mission of SNPW is to serve both customers and shareholders. SNPW does that by providing quality service and equipment, working to keep customers satisfied, and by doing its part in protecting the environment with smart green technology.
SNPW is currently developing its MedRecycler project which will result in plant facilities initially capable of processing up to 70 tons per day at an industry average of $400 to $600 per ton. The SNPW MedRecycler project will be using a leading edge pyrolysis system, displacing environmentally harmful incineration and other less green methods. The MedRecycler project is the company’s first response in targeting a global medical waste marketplace that is expected to reach $33.4 billion by 2025.
SNPW has recently released a detailed report by and independent PhD reviewer which validates the technology of the MedRecycler project for safety and effectiveness. The full report is available on the SNPW website here: http://medrecycler.com/overview.
- SNPW Subsidiary NMG and Renewable Energy Engineers AU Agreement with ASPIRE for Feedstock to Develop 6 Waste Recovery Plants in Australia Expected to Attract Over $1 Billion in Investment Value
On November 23rd SNPW announced that its wholly owned subsidiary, National Mechanical Group (“NMG”) and partners Renewable Energy Engineers Aust. (“REEA”) have signed an agreement with Aspire to provide feedstock for the development of six waste to recovery plants in Australia using revolutionary technology that will create no waste by-products and virtually zero emissions. These SNPW plants will be able to process up to 1000 tons per day of the most toxic waste that generally ends up in landfill such as tires, asbestos, mattresses and plastics.
Currently the Joint Venture Partners are well advanced in discussions with various Local Government Authorities (LGA) for the location of the installations. The LGA’s have warmly received the intention to invest as it will represent a significant boost to the local economies and job creation projects.
The SNPW partnership was formed to develop the waste to recovery opportunity by bringing together expertise in solar design and development with “in-country” expertise in building, construction, technology, and regulatory knowledge and skills. The team is actively engaged in sourcing components and capital with an end goal of developing solar farms. However, the relationship has now expanded to solar farm projects which will enable further developments.
The SNPW partnership is actively engaged in ongoing contractual negotiations for the construction of plants across Australia.
Nicholas Campanella, CEO of SNPW, stated, “We are excited to work with our partners at REEA in developing this opportunity and expand our footprint in Australia. The signing of our agreement with ASPIRE will help us with sourcing feedstock and help our expansion and commitment for building our portfolio and growth opportunities for our company. We welcome the opportunity to work with the various states to build waste processing facilities and utilize solar power at each site and with the support of local government and their help identifying land.
Brian Romer, CEO of Renewable Energy Engineers Aust. stated, “We are looking forward to the expansion of the collaborative partnership that exists between National Mechanical Group and REEA”. The collaboration in the energy and resource recovery initiatives in Australia being developed by the Joint Venture partners is fast developing a national footprint across sustainable “closed circle” projects – including both energy and resource recovery industries. This will lead to over a billion dollars of investment and the creation of thousands of jobs with the most advanced technologies to be employed in Australia. The deployment of this advanced technology will enable Australia (and the world) to move forward to meet international emission targets as the demand for both green power increases and sustainable development.
Cameron McKenzie, CEO of ASPIRE, stated “with more of a focus on net zero targets, ASPIRE and the team are looking forward to work with REEA & Sun Pacific Holding Corp to build greater circularity for materials. To be able to create greater markets for secondary raw materials, the demand side awareness is a key part of the desired outcome. With 20% of procurement coming from government spending, 40% from corporate, now is a good time to focus on the partnerships and collaborations.
- Partnership Agreement with Renewable Energy Engineers Aust. to Develop an Initial 100MW Solar Farm in Queensland, Australia
On June 15th SNPW announced that its wholly owned subsidiary, National Mechanical Group has entered into a partnership agreement to develop Queensland Australia Solar Farm. SNPW and Renewable Energy Engineers Aust. (“REEA”) will develop an initial 100-megawatt solar farm in Queensland, Australia to help the energy grid in that area.
The partnership was formed to help SNPW develop the solar farm opportunity by bringing together expertise in solar design and development with “in-country” expertise in building, construction, technology, and regulatory knowledge and skills. The team is actively engaged in sourcing components and capital with an end goal of developing up to 100-Megawatt solar farm. The team has currently received a lands rights agreement for 750 acres and one power purchase agreement for the solar farm and is in discussions with component manufacturers and investment partners.
Nicholas Campanella, CEO of SNPW stated, “We are excited to work with the team at REEA in developing this opportunity and more in Australia. The initial discussions and development so far have been successful, and we look forward to developing this opportunity for all of our stakeholders.”
Brian Romer, CEO of Renewable Energy Engineers Aust. stated, “We are looking forward to expanding the energy initiative in Australia and with our collaboration with National Mechanical Group we feel we will have a strong partnership to develop several renewable energy projects. This will lead to billions of dollars of investment and the creation of thousands of jobs with the most advanced technologies throughout Australia and will drive Australia forward to meet its international emission targets as the demand for green power increases.”
For more information on Sun Pacific Holding Company, Inc. (OTC: SNPW) visit: https://sunpacificholding.com
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