Virginia, United States [RenewableEnergyWorld.com] The AES Corporation announced the acquisition of a landfill gas-to-energy project in Nejapa, El Salvador that is projected to generate an average of 400,000 Certified Emissions Reductions (CERs) annually over the next 20 years.
AES Nejapa Gas, Ltda., an indirect, wholly-owned subsidiary of AES, will own and operate the gas gathering system at the Nejapa Landfill site. The company also will install and operate energy generation equipment to provide up to 25 MW of renewable energy from the capture and combustion of methane.
“The purchase of the Nejapa Landfill Project further demonstrates AES’s global commitment to reducing greenhouse gases,” said Bill Lyons, President, AES Climate Solutions. “This transaction, one of the first acquisitions involving a Clean Development Mechanism project since the start of the Kyoto process, will help reduce emissions while providing power to the growing El Salvador market. This is the first of many opportunities we see for AES to invest in a broad range of projects and technologies that reduce harmful greenhouse gas emissions.”