- Others
- Wednesday, 27 May 2020
Alfa Laval Signs Agreement for Waste Heat Recovery Units - Newly Developed for Land-based Applications
The agreement stretches over two years and comprises the delivery of Alfa Laval Micro units to power plants in Asia. Once installed, the units will recover waste heat to produce hot water which will be used for generating additional electricity. The new system can recover enough heat to boost power production by an additional 6-8 percent.
"This is an interesting, new application for Alfa Laval where we see a great potential," says Susanne Pahlén Åklundh, President of the Energy Division. "We have worked with solutions for waste heat recovery for decades, and with the new Alfa Laval Micro WHR unit we complement our offering. This product can recover heat from any source with warm exhaust gases, such as power plants, and convert it into additional electricity. It is beneficial both for our customers' bottom line, and for the environment."
The two-year frame agreement has a total value of approximately SEK 60 million, split 50/50 over 2020 and 2021. As of the first quarter 2020, some SEK 30 million had already been booked in the Gasketed Plate Heat Exchangers unit of the Energy Division.
Energy recovery (and reuse) is vital to achieve energy efficiency in industrial processes. It is predicted that energy efficiency will be the main contributor to reaching the Paris Agreement.
Related Industry Updates
Noteworthy Growth of North America Feminine Hygiene Products Market in 2027 by BASF SE,Biolchim S.p.A.,DowDuPont Inc.,Isagro S.p.A.,Koppert Biologicals Systems,Syngenta,UPL,Valent BioSciences LLC
Oct 13, 2020
North America Vaccines Market to See Tremendous Rise during 2019-2027 as Impacted by Covid-19| Sanofi, Johnson & Johnson, Merck & Co, VBI Vaccines
Sep 28, 2020
WPX ENERGY ACCELERATES 5-YEAR VISION WITH OPPORTUNISTIC TRANSACTION
Dec 16, 2019
US citizens to be evacuated from Diamond Princess
Feb 17, 2020
CNOOC Limited Announces Qinhuangdao 33-1S Oilfield Phase I Project Commences Production
Jun 11, 2020
Asia Pacific Beauty Devices Market is expected to reach US$ 37,948.50 Million by 2027 with CAGR of 13.9%
Jul 31, 2020
Saudi Arabia will assist Yemen and Palestine in their fight against COVID-19
Apr 09, 2020