Plans have been revealed for a multi-million pound waste-to-energy plant in Redcar that could create hundreds of employment opportunities.
Yorkshire waste management firm PMAC Energy secured 25 acres of land at Redcar Bulk Terminal (RBT) for the £250m scheme.
Subject to permitting and planning approvals, the facility could create 400 jobs at the heart of the South Tees Development Corporation site.
The plant could produce waste-derived fuels from 2021, generating enough electricity once operational to power 56,000 homes.
Garry O’Malley, general manager of RBT, said: “Today’s announcement is hugely significant, not only for our businesses but for the whole South Tees region.
“We’ve worked closely with PMAC Energy on this project for a number of years and it’s another reflection of the continued resurgence of Redcar Bulk Terminal and this site.”
He continued: “Like many others on Teesside, we were dealt a hammer blow when SSI closed – so much so you could say RBT’s mere survival is a success in itself.
“We’re grateful for the strong support we received during these difficult times, in particular from Greybull who provided us the capital and energy required to turn the corner. The fact we’re seeing significant growth, diversifying our business and attracting new companies to the Tees is an incredible achievement.”
BDAILY ARTICLE
Read more posts
Northumbria University contributes to sustainable…
27.06.2022Researchers at Northumbria University have been instrumental in the creation of a centre for innovation and entrepreneurship in a low-income area of Africa. Africa is broadly acknowledged as the poorest…
Read moreOPPORTUNITIES IN EVERY DIRECTION’ FOR…
23.06.2022OPPORTUNITIES for the region’s growing tech sector were the focus of the north east’s biggest tech conference. The scale of those opportunities was laid bare on the second day of…
Read moreSpace expertise brings £1.3m big…
23.06.2022A new £1.3 million Centre for Doctoral Training in the field of data intensive science is cementing the region as a major hub for space, data science and the digital…
Read more