PyroGenesis Canada (TSE:PYR) has released an update.
PyroGenesis Canada Inc. has embarked on a two-stage contract to deliver a land-based Plasma Waste-to-Energy System for an undisclosed European client, with the first stage involving a $2 million design phase to determine precise cost estimates of the $120-160 million project. The system utilizes advanced plasma technology to convert waste into energy and other valuable products, positioning it as an eco-friendly alternative to traditional waste management and energy production methods.
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