Tadweer Group, a leader in unlocking the value of waste, and Tribe Infrastructure Group, an independent infrastructure financial advisor and project developer, have signed a Joint Development Agreement (JDA) with Cleanaway Waste Management and Parkes Energy Recovery to develop a world-class Waste to Energy (WtE) facility in Parkes, New South Wales (NSW), Australia, subject to planning approval.
The facility will
focus on treating residual waste from the Greater Sydney region, to be
transported to the Parkes area by rail and road, with Tadweer Group as the
controlling shareholder.
The project also marks
a critical milestone in the organisation's journey to build its international
WtE portfolio, contributing to energy security demands and promoting the
transition to a circular economy.
Pending development
approval and following comprehensive community engagement, the partners will
collaborate to develop the infrastructure with an assumed asset life of 30 to
40 years, diverting 700,000 tonnes of waste from landfill per annum, generating
70 megawatts and powering 100,000 homes.
Ali Al Dhaheri,
Managing Director and CEO of Tadweer Group, said, “Signing this agreement with
our partners in Australia is the first step in demonstrating the importance of
this shift in mindset, as we expand our global waste to energy portfolio. We
remain steadfast in our commitment to highlighting the value of waste, its true
potential, and how it can be leveraged to meet the rising global demand for
energy infrastructure.”
This project
represents Tadweer Group’s first anchor investment in Australia, creating a
strategic foundation for the organisation’s presence in the market.
The facility showcases
the feasibility of diverting waste from landfill whilst converting it into a
reliable source of clean energy and reducing methane emissions in the process.
The initiative also further strengthens bilateral relations between the UAE and
Australia and highlights shared sustainability ambitions.
If approved, the
facility will contribute to Australia’s sustainability objectives by diverting
non-recyclable waste from NSW landfills and will support green job creation
within the Parkes area by generating 400 positions during construction and 50
permanent jobs once the facility is operational.
The plant will also
support local businesses and supply chains, and long-term investment in waste
to energy.
The Joint Development
Agreement further expands Tadweer Group’s footprint in Waste to Energy, which
already encompasses a stake in a plant in Sharjah, UAE, subject to customary
closing conditions. The project was inaugurated in 2022 under the Emirates Waste
to Energy company as the first commercial-scale WtE plant in the Middle East.
It plays a vital role
in diverting waste from landfills and converting it into electricity,
supporting the UAE’s broader sustainability objectives, and is increasing its
power output from 30 MW to 60 MW, while doubling processing capacity for
hard-to-recycle waste and displacing twice the volume of emissions.
The organisation is also making strong progress with its WtE plant in Abu Dhabi, which, when operational, will aim to reduce municipal solid waste going to landfill by 900,000 tonnes annually and power 50,000 homes, contributing to a sustainable future.