MANALAPAN, N.J, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (OTCQB: SNPW), a green energy Company specializing in solar and waste to energy technologies, today announced as part of its project New England Renewable Energy Solutions that it has selected and entered into a letter of intent to house and operate its New England based leading edge Waste to Energy project that can process as much as 70 tons per day and generate up to 7 megawatts of electricity in Johnston, Rhode Island.
Mr. Nicholas Campanella, Chief Executive Officer of Sun Pacific, stated, “We are excited to have made this site selection in Johnston, Rhode Island, and are quickly moving forward with this project. This project will be the first plant in New England capable of treating medical waste that also creates clean energy and reduces landfill capacities, while creating a multi-million dollar recurring revenue stream for our company. We are already in discussions with a number of specialty waste collection and transportation companies that will supply the plant and are pleased with the initial positive responses we have had from all involved in this project.”
Sun Pacific’s 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.
By offering a solution that addresses both the growing level of medical waste generated by the increasing needs of an aging population in the United States with the expanding requirements of electricity providers to generate growing levels of retail electricity through renewable resources, Sun Pacific is building a green energy Company that targets solutions that are both environmentally friendly and economically sustainable in building a better world.
About Sun Pacific Holding Corp
Sun Pacific Holding Corp. (OTCQB: SNPW) is a green energy company specializing in solar and waste to energy technologies. With a focus on deploying its subject matter expertise and experience in green energy solutions, Sun Pacific is building a Company that designs, develops, builds, and manages advanced technologies that support renewable energy solutions. For more information, visit www.sunpacificholding.com
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