China:

Wasabi Energy Subsidiary in Breakthrough Chinese Petrochemical Deal (Proactive Investors Australia)

Wasabi Energy’s subsidiary Shanghai Shenghe New Energy Resources Science and Technology (SSNE) has bagged a US$10M engineering, procurement and construction (EPC) agreement with Sinopec for a 4.0 MW Kalina Cycle power plant.

The deal will see the first application of the Kalina Cycle thermal power plant design in the Chinese petrochemical industry.

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