$SNPW Sun Pacific Holding Corp Announces Completion of Engineering and Environmental Study of its MedRecycler-RI, Inc. Medical Waste to Energy Project
MANALAPAN, N.J., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (OTCQB: SNPW) announces that it has completed the engineering and environmental study for its MedRecycler-RI, Inc. Medical Waste to Energy Project to be located in Johnston Rhode Island.
Completion of the engineering and environmental studies that were performed over the past several months have now been completed as part of the milestones required to meet the various regulatory and financing requirements to install the 70 tons per day medical waste-to-power system. This system is a thermal processing system with state of the art pollution controls that will accept medical waste, directly process the waste, and produce electrical energy.
Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are pleased with the completion of the engineering and environmental studies. With these milestones achieved, we can now move on to the final steps of wrapping up the requirements of our closing on our financing and meeting the final regulatory approvals to initial the assembly of the system.”
Sun Pacific’s Medical Waste to Energy opportunity in Rhode Island is the Company’s first response in targeting a global medical waste market place that is expected to reach $33.4 billion by 2025. Sun Pacific’s goal is to target and build out other strategic Waste to Energy opportunities in North America in support of its high efficiency gasification technologies.
The Company looks forward to keeping its stakeholders aware of its progress as it moves forward with the launch of this faciltiy in Rhode Island. We will be updating our progress as we complete our next milestones in this very exciting project.
About Sun Pacific Holding Corp.
Sun Pacific Holding Corp. (OTCQB: SNPW) uses management's knowledge and experience to serve its customers and now its shareholders through quality service and equipment, working to keep customers satisfied, and by doing our part in protecting the environment with smart green technology. For more information, visit www.sunpacificholding.com.
MANALAPAN, N.J., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (OTCQB: SNPW) announces that it has completed the engineering and environmental study for its MedRecycler-RI, Inc. Medical Waste to Energy Project to be located in Johnston Rhode Island.
Completion of the engineering and environmental studies that were performed over the past several months have now been completed as part of the milestones required to meet the various regulatory and financing requirements to install the 70 tons per day medical waste-to-power system. This system is a thermal processing system with state of the art pollution controls that will accept medical waste, directly process the waste, and produce electrical energy.
Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are pleased with the completion of the engineering and environmental studies. With these milestones achieved, we can now move on to the final steps of wrapping up the requirements of our closing on our financing and meeting the final regulatory approvals to initial the assembly of the system.”
Sun Pacific’s Medical Waste to Energy opportunity in Rhode Island is the Company’s first response in targeting a global medical waste market place that is expected to reach $33.4 billion by 2025. Sun Pacific’s goal is to target and build out other strategic Waste to Energy opportunities in North America in support of its high efficiency gasification technologies.
The Company looks forward to keeping its stakeholders aware of its progress as it moves forward with the launch of this faciltiy in Rhode Island. We will be updating our progress as we complete our next milestones in this very exciting project.
About Sun Pacific Holding Corp.
Sun Pacific Holding Corp. (OTCQB: SNPW) uses management's knowledge and experience to serve its customers and now its shareholders through quality service and equipment, working to keep customers satisfied, and by doing our part in protecting the environment with smart green technology. For more information, visit www.sunpacificholding.com.
