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Vow ASA and Tinfos AS has entered into a cooperation agreement

16th October, 2020

Vow ASA and Tinfos AS has entered into a cooperation agreement to distribute Vow's onshore 'Plastic to Electricity' solution in selected countries and markets, starting with Indonesia.

Vow offers a wide range of technologies and solutions which converts different waste materials into valuable raw materials and clean energy. These days, handling of plastic waste is a particularly relevant topic in the company’s dialogue with customers.

The solution which will be offered in Indonesia is mobile and container based. It basically converts plastic waste to electricity through pyrolysis. The solution will replace diesel in local power production. Similar container based units are already in use as part of a pilot project at the municipal waste company Lindum’s facilities outside Drammen, Norway, and at Vow’s own facility at Vernon, France.

“We are looking forward to working with Tinfos AS and deliver such ground-breaking technology and solutions to a significant problem in many communities. The main objective is to solve local plastic waste problems to prevent this entering our oceans, at the same time to generate energy. This means that we give plastic waste an economic value for the local communities and an incentive to solve the problem. We expect that the cooperation agreement will result in delivery of several such units in the course of the coming years,” says Henrik Badin, CEO of Vow ASA.

Tinfos AS is one of Norway’s oldest companies and among the first in the world to generate renewable energy in form of electricity from hydro power. Today, the company is involved in development and operation of run-of-river hydro power stations in Norway and abroad. Outside Norway, Tinfos AS is particularly engaged in Indonesia where the company has operated since 2009, and in Western Balkan.

“For a long period of time, Tinfos AS has witnessed with grave concern how lack of solutions for collection and handling of plastic has led to significant damage to the environment, both on shore and in the sea around Indonesia,” says Øyvind Frydenberg, CEO in Tinfos AS.

Frydenberg further adds; “By using Vow’s solutions for ‘Plastic to Electricity’, Tinfos AS wishes to contribute to solving this challenge, and at the same time provide meaningful jobs for local waste collectors in Indonesia.”

Tinfos AS sees strong synergies between the company’s ongoing activities related to development and operation of run-of-river powerplants in Indonesia and Vow’s solutions. Indonesia comprises around 17 000 islands with a complex logistics, which makes Vow’s ‘plug-and-play’ solutions particularly relevant.

For further information, please see company press release
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