Greenworld Development Inc enters into a Joint Venture Framework Agreement with Green Mountain Management LLC to develop a utility scale Waste to Energy Plant on its Alabama Landfill, licensed to accept up to 25,000 tons of waste per day. The facility has rail and barge access and is in close proxi
ATLANTA, June 15, 2012 /PRNewswire/ — Greenworld Development Inc. (OTCBB: GREW) has signed a Framework Agreement to perfect a joint venture with Green Mountain Management LLC, owners of a 1525-acre landfill facility in Birmingham, AL.
This (Alabama’s premier solid waste facility) is licensed to take in 25,000 tons per day (approximately 9,000,000 ton per annum) of municipal solid waste, construction and demolition debris, industrial waste and approved special waste.
The facility has rail and barge access and has close proximity to the national electricity grid. These logistical benefits create additional value for Greenworld’s goals in obtaining quality waste streams nationally.
The landfill meets and exceeds Federal Environmental Protection Agency and Alabama’s Department of Environmental Management Regulations to protect the environment.
The facility co-exists with nature as is evident of its three fish-stocked lakes and the abundance of wildlife including deer and quail.
Greenworld will build, own and operate various Tyre-2-Energy/Renewable and Waste2Energy plants with specially developed technologies with zero carbon emissions.
GreenWorld Development, Inc. is listed on the US OTC Bulletin Board (Symbol: GREW). The company is dedicated to develop innovative, competitive and sustainable products for efficiency goods and services and to support the “Smart Green Economy”.
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SOURCE GreenWorld Development Inc.