PyroGenesis Secures $2.5M Deal with Leading Global Environmental Services Provider
- 28-Jan-2025 9:30 PM
- Journalist: Xiang Hong
PyroGenesis Inc., a leader in advanced plasma processes and sustainable solutions, has announced a $2.5 million CAD (approximately $1.74 million USD) contract through its subsidiary, Pyro Green-Gas Inc. The deal, signed with one of the world鈥檚 largest integrated environmental services companies, supports a significant urban waste-to-energy project in the United States. The client, a multinational company with multi-billion-dollar revenue and operations spanning dozens of countries, remains unnamed for confidentiality and competitive reasons.
Under the contract, Pyro Green-Gas will engineer, design, and deliver components for gas flaring technology. This system will enable the safe and environmentally responsible disposal of emissions that are unsuitable for processing during renewable natural gas (RNG) production. The technology will be deployed at a major U.S.-based organic waste-to-RNG facility, designed to produce high-quality natural gas for integration into the energy grid of a major metropolitan area. An initial payment of CA$400,000 has already been received, and the project is expected to be completed by 2025.
鈥淭his announcement underscores our dedication to delivering sustainable technology solutions that expand energy grid capacity while reducing environmental pollutants,鈥 stated P. Peter Pascali, President and CEO of PyroGenesis. 鈥淧rojects like this exemplify the transformative potential of organic waste-to-energy initiatives, which (i) reduce landfill reliance, (ii) enhance renewable energy output, and (iii) address energy transition challenges in urban areas. We are thrilled to embark on this project with such a prestigious global partner and look forward to advancing this collaboration to tackle pressing energy and environmental challenges.鈥
Pyro Green-Gas plays a key role in PyroGenesis鈥 broader three-tiered solution ecosystem, designed to address economic and environmental challenges facing heavy industries worldwide. Its gas flaring and RNG technologies fall within the company鈥檚 鈥淓nergy Transition & Emissions Reduction鈥 tier. This tier leverages gas purification, conversion, and separation technologies, along with electric-powered plasma torches, to help industrial clients reduce fossil fuel dependence and greenhouse gas emissions.
The other two tiers in the ecosystem are 鈥淲aste Remediation,鈥 which focuses on transforming waste into reusable resources, and 鈥淐ommodity Security and Optimization,鈥 which aims to ensure the sustainable use of critical industrial materials. Together, these tiers reflect PyroGenesis鈥 commitment to advancing cleaner industrial processes while driving innovation in renewable energy and emissions reduction.
This contract not only strengthens PyroGenesis鈥 position in the waste-to-energy sector but also highlights its expertise in delivering cutting-edge solutions for global environmental challenges. The partnership with a world-class client marks a significant milestone in the company鈥檚 mission to support the energy transition.