Cory Riverside Energy announces joint development agreement with Hitachi Zosen Inova

Written by: Editorial staff | Published:
The proposed new plant is expected to open in 2024

Energy recovery company Cory Riverside Energy has announced a joint development agreement with Hitachi Zosen Inova (HZI) for its Riverside Energy Park.

This will see the two companies working together from developing the scheme through to securing planning consent and environmental permits.

HZI will act as Engineering, Procurement and Construction (EPC) contractor for the project with Cory remaining sole investor, owner and operator of the new energy park.

Construction will start in 2021 subject to planning approval, with the energy park expected to open in 2024.

The new plant will use a range of low carbon technologies including waste energy recovery, anaerobic digestion, solar panels and battery storage.

Cory predict the new park will generate power and heat to supply 140,000 London homes by processing around 650,000 tonnes of residual waste currently sent to landfill.

It is the second time the two have worked together, with HZI having delivering Cory’s existing Riverside Energy Recovery Facility.

Nicholas Pollard, chief executive of Cory Riverside Energy, said: “In selecting a technology partner for the second plant it was only natural that HZI and Cory would work together again, and develop an even better scheme to meet the waste disposal needs of London, its businesses, and its residents.”

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