{"id":6823,"date":"2018-09-17T11:23:18","date_gmt":"2018-09-17T11:23:18","guid":{"rendered":"https:\/\/kibo.energy\/?post_type=avada_portfolio&#038;p=6823"},"modified":"2021-11-11T15:34:02","modified_gmt":"2021-11-11T15:34:02","slug":"waste-energy","status":"publish","type":"avada_portfolio","link":"https:\/\/kibo.energy\/index.php\/project\/waste-energy\/","title":{"rendered":"Waste to Energy Projects"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_2 1_2 fusion-one-half fusion-column-first\" style=\"--awb-bg-size:cover;width:50%;width:calc(50% - ( ( 4% + 4% ) * 0.5 ) );margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-one\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Key Facts<\/h1><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-clearfix\" style=\"float:left;margin-bottom:30px;width:100%;max-width:206px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#eb1c24;border-color:#eb1c24;border-top-width:2px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><ul style=\"--awb-line-height:23.8px;--awb-icon-width:23.8px;--awb-icon-height:23.8px;--awb-icon-margin:9.8px;--awb-content-margin:33.6px;\" class=\"fusion-checklist fusion-checklist-1 fusion-checklist-default type-icons\"><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Project Type |\u00a0<\/strong>Development of thermal coal plant<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Location |\u00a0<\/strong>Tete Region, Mozambique<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Development Stage<\/strong> |Advanced, with optimised, integrated Definitive Feasibility Study plus Financial Model completed, advanced PPA discussions with EDM as well as other commercial of \u2013 takers.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Kibo\u2019s Interest<\/strong> | 65% with option to go to 85%<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Resource<\/strong> | n\/a \u2013Coal Sale Agreement binding Term sheet with Vale<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Strategic Partner |<\/strong> Termoel\u00e9ctrica &amp; Baobab Resources Ltd.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-caret-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Next Steps<\/strong> |<\/p>\n<ol>\n<li>Complete PPA\u2019s with Termoel\u00e9ctrica &amp; Baobab and CSA with Vale<\/li>\n<li>Complete completion of ESIA and related technical studies<\/li>\n<li>Continuously enhance Financial Model with development updates<\/li>\n<li>Funding and Financial Close<\/li>\n<\/ol>\n<\/div><\/li><\/ul><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_4 1_4 fusion-one-fourth\" style=\"--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 4% + 4% ) * 0.25 ) );margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-one\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Map<\/h1><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-clearfix\" style=\"float:left;margin-bottom:30px;width:100%;max-width:206px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#eb1c24;border-color:#eb1c24;border-top-width:2px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"1880\" height=\"2253\" title=\"Mozambique Map\" src=\"https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map.png\" alt class=\"img-responsive wp-image-6824\" srcset=\"https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map-200x240.png 200w, https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map-400x479.png 400w, https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map-600x719.png 600w, https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map-800x959.png 800w, https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map-1200x1438.png 1200w, https:\/\/kibo.energy\/wp-content\/uploads\/Mozambique-Map.png 1880w\" sizes=\"(max-width: 800px) 100vw, 400px\" \/><\/span><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_4 1_4 fusion-one-fourth fusion-column-last\" style=\"--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 4% + 4% ) * 0.25 ) );\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-one\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">All Projects<\/h1><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-clearfix\" style=\"float:left;margin-bottom:30px;width:100%;max-width:206px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#eb1c24;border-color:#eb1c24;border-top-width:2px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-widget-area awb-widget-area-element fusion-widget-area-1 fusion-content-widget-area\" style=\"--awb-title-size:18px;--awb-title-color:#333333;--awb-padding:0px 0px 0px 0px;\"><div id=\"nav_menu-6\" class=\"widget widget_nav_menu\"><div class=\"menu-projects-container\"><ul id=\"menu-projects\" class=\"menu\"><li id=\"menu-item-8105\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8105\"><a href=\"https:\/\/kibo.energy\/index.php\/projects\/clean-energy\/\">Sustainable Energy (Waste to Energy)<\/a><\/li>\n<\/ul><\/div><\/div><div class=\"fusion-additional-widget-content\"><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-top:40px;--awb-padding-bottom:40px;--awb-margin-top:40px;--awb-margin-bottom:0px;--awb-background-color:#f7f7f7;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-one\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Project Details<\/h1><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-clearfix\" style=\"float:left;margin-bottom:30px;width:100%;max-width:206px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#eb1c24;border-color:#eb1c24;border-top-width:2px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:left;\"><p>Benga, located in the Tete province of Mozambique, is the Company\u2019s first pure energy project and the intention is to develop a coal-fired power station with feedstock provided by local coal producers.<\/p>\n<p>An optimised Definitive Feasibility Study (\u201cDFS\u201d) on the Benga Project is already in place, as well as an MoU with Electricidade de Mo\u00e7ambique (\u201cEDM\u201d); the major public company in Mozambique for the generation, transmission, and distribution of electricity, to collaborate in the development of a coal-fired power plant and negotiate a Power Purchase Agreement (\u201cPPA\u201d for the off-take of 150 MW power. Kibo has recently updated the \u201cDFS\u201d to provide for the generation and off-take of an additional 200 MW power to supply a nearby major industrial project (Baobab Resource\u2019s Tete Steel &amp; Vanadium Project) for which a binding term sheet is in place. The Company also has a Term Sheet (for a Coal Sale Agreement (\u201cCSA\u201d)) in place \u00a0with major Brazilian miner, Vale, for the supply of coal to Benga.<\/p>\n<p>The JV holds a total of 404 \u00a0hectares of land, which includes the initial five-year lease title over 59 hectares of unimproved land that is expected to be extended for 50 years once a power plant is under construction as well as the recently added c. 345 hectares.\u00a0 The land will be utilised for the construction of the coal fired power plant and associated infrastructure.<\/p>\n<p>The updated Definitive Feasibility Study required by authorities is now complete and as well as evaluating the feasibility of constructing a 350 MW coal-fired power plant, it also includes an environmental and impact assessment (near completion) and a grid integration study (completed).<\/p>\n<ul>\n<li><\/li>\n<\/ul>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":31,"featured_media":7985,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"portfolio_category":[84],"portfolio_skills":[],"portfolio_tags":[],"class_list":["post-6823","avada_portfolio","type-avada_portfolio","status-publish","format-standard","has-post-thumbnail","hentry","portfolio_category-kibo-projects"],"_links":{"self":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/avada_portfolio\/6823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/avada_portfolio"}],"about":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/types\/avada_portfolio"}],"author":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/comments?post=6823"}],"version-history":[{"count":17,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/avada_portfolio\/6823\/revisions"}],"predecessor-version":[{"id":7986,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/avada_portfolio\/6823\/revisions\/7986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/media\/7985"}],"wp:attachment":[{"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/media?parent=6823"}],"wp:term":[{"taxonomy":"portfolio_category","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/portfolio_category?post=6823"},{"taxonomy":"portfolio_skills","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/portfolio_skills?post=6823"},{"taxonomy":"portfolio_tags","embeddable":true,"href":"https:\/\/kibo.energy\/index.php\/wp-json\/wp\/v2\/portfolio_tags?post=6823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}