| |
|
Timeless Wealth Staff research on acquisition target for Plasma Gasification project.
 President: Jordan Oxley
Sunbay Corporation
330 University Avenue, Suite 504
Toronto, Ontario M5G 1R7
Sunbay Port Hope:
35 Walton Street, Port Hope, Ontario L1A 1N2 Phone: 905-885-0050
Michelle Evans, Director, Corporate Affairs
michelle@sunbayenergy.com
Management:
The Company will be led by a streamlined and effective management team composed of high‐quality, hand‐picked executives. Specific project investments will be confirmed by an Investment Committee to be composed of management, investor appointees and external experts.
Technical and engineering expertise regarding plasma gasification will be led by CHO-Power™, a subsidiary of Europlasma SA, the co-developer and provider of turnkey systems for all current Sunbay projects.
The initial internal management team will include:
President: Jordan Oxley
General Counsel: David Carbonaro
Director, Approvals and Regulatory Affairs: Stein Lal
Director, Strategic Initiatives: Gerald Merovitz
Director, Corporate Affairs: Michelle Evans
Director: Graham Simmonds
Project and Research Coordinator, ECO: Lara Dekkema
Advisory Board: David Tsubouchi, Richard Morris, Ken Ogilvie, Helmut Biemann, Ian Arellano
Project: Sunbay Port Hope Source
Sunbay Port Hope (SPH) is the first publicly‐announced project in Canada, built by CHO-Power™ and the Project Consortium.
SPH will closely conform to the standard technical and commercial formats identified as the basic model. It will intake 400 tons per day of feedstock and produce 20 MW net to the grid.
SPH is located on land under control of the Project Consortium in Port Hope Ontario, approximately 100 kilometers from Toronto and close to regional population centres (Cobourg, Peterborough, Belleville, Kingston).
 The feedstock will come from Turtle Island Recycling one of the largest waste haulers in the Greater Toronto Area (GTA).
Feedstock will be composed of low moisture, high‐energy material including recycling residuals from ICI wastes and textiles.
SPH has strong support from the local community, including the Mayor and Council.
It is proceeding successfully through each phase and is now engaged with permitting and approvals until Spring 2009.
Sunbay Port Hope will be located on 23 acres just off Highway 401 on Wesleyville Road. It is located in the Municipality of Port Hope, Ontario, and is an ideal site:
Far from Residential communities, short hauling route from 401; Zoned for development with no environmental issues; Frontage on and road access to the major industrial road, Wesleyville Road; Direct access to the two major rail lines: CN and CP; Direct access to local power sources through the 44,000 kVA station abutting its northern boundary; Close proximity to interconnection points with an area characterized by numerous high‐voltage corridors, substations and power plants.
Power Sales: Ontario Power Authority
CHO-Power is a subsidiary of Europlasma SA and acts as a lead technical partner.
 Established in 1992 in Bordeaux, France, Europlasma SA specializes in the environmentally‐sound treatment of household and industrial wastes. The company has developed a world‐renowned plasma‐torch technology which gasifies and recaptures the energy in various materials, including waste streams. This energy is used to produce electricity.
Europlasma is one of few actual original equipment manufacturers (OEMs) of plasma torches, the integral component of all plasma systems. They also design and operate complete turnkey facilities. They have been operating plants for over 15 years and have recently passed the impressive milestone of one million operating hours. They are quite simply the world leaders in plasma torches.
Europlasma torches are based on an R&D legacy from the European Aeronautic Defence and Space Company (EADS). The torches were originally used to test materials that protect space vehicles from heating when re‐entering the atmosphere.
The plasma torch was developed to a highly efficient thermal tool, able to produce very high temperatures exceeding 5000°C (hotter than the surface of the sun). This allows plasma to heat large volumes quickly, which led to new applications for industrial thermal treatments including environmentally‐friendly and cost effective waste disposal.
Sunbay eyes new property for Port Hope gasification power plant
Jun 25, 2009 - 05:10 PM
By Jennifer O'Meara
PORT HOPE -- Sunbay Energy Corporation is eyeing a new site for the proposed energy-from-waste gasification power plant in Ward 2.
The 124-acre site is east of Wesleyville Road, and north of Mail Road, just south of Hwy. 401.
"We feel that is an ideal site - more than we could have expected," Sunbay Energy Corporation President Jordan Oxley told Port Hope council, at its June 23 committee of the whole meeting.
When Sunbay unveiled its plans in April 2008, it planned to build the gasification power plant on a nearby 23-acre site west of Wesleyville Road. The new site is directly off Hwy. 401.
"We thought the other one was great. I can't imagine we'll find one better than this," said Mr. Oxley.
The main facility will be built on the new site and a 43-acre property further south on Wesleyville Road will house greenhouses to take excess heat from the gasification plant.
"That would mean more jobs and a bit more economic activity out there," said Mr. Oxley.
The site is already zoned agricultural and after a preliminary meeting with municipal staff, Mr. Oxley said a greenhouse could be allowed under that zoning.
Around 250 tradespeople are expected to hired for the 18-month construction of the facility, with 40 to 50 jobs created at the plant. Another dozen people could be employed at a visitors centre for officials considering partnering with Sunbay for future gasification power plants in other parts of North America.
The gasification plant will take waste and use plasma gasification at high temperatures to produce a synthetic gas which is then used to produce electricity.
The waste will be recycling and textile residuals from Turtle Island Recycling, one of the largest waste haulers in the Greater Toronto Area. An analysis of the material shows it's ideal for high power output and low emissions.
When up and running, the gasification power plant could produce enough electricity to power 20,000 homes.
Council accepted the new information with only one question - how long until the building starts? Mr. Oxley said he expects the approval process with the provincial and municipal governments to take from six months to a year. Construction could start within a year to 18 months and the plant could open in two years.
"We're probably the ones that want it to go the quickest," said Mr. Oxley. "We're doing everything we can."
return to the company profile
 Join Us 
|
|
