Aussie firm signs US$10 million contract with Sinopec

Wasabi Energy to build a 4 megawatt Kalina Cycle power plant.

The contract is expected to be completed by the end of this year. It was signed by Wasabi subsidiary and Kalina Cycle licensee Shanghai Shenghe New Energy Resources Science and Technology and Sinopec.

Wasabi said the project is the first large scale Kalina Cycle power plant to be built in China and in a Chinese petrochemical refinery.

A Kalina Cycle power plant will take low temperature hot water from the paraxylene process in the 600,000 tons per year polyester materials plant and turn it into 4MW of usable emission free power.

The system fulfills a mandate from the Chinese government to improve energy efficiency and reduce emissions.

With Sinopec operating 45 other refineries within China that have been identified as suitable for Kalina Cycle power plants, a successful roll out will provide Wasabi with a potential springboard to securing further projects.

The Kalina Cycle is a thermodynamic process for converting thermal energy into usable mechanical power.