Kelheim and Tel Aviv, July 5th, 2023 – ValVeri AG and Co-Energy Ltd., two leading companies in the field of CleanTech and renewable energy, have announced a strategic partnership and launched a joint venture. The joint venture will focus on developing projects to convert plastic waste into hydrogen. The first project of this partnership will be implemented in Germany at the H2-DonauHub Kelheim (Bavaria).

ValVeri AG is known for its expertise in the areas of CleanTech, renewable energies and especially hydrogen. The company accompanies various activities to promote a sustainable energy industry and is already implementing various innovative technologies in various operative participations.

Co Energy Ltd. is an Israeli company specializing in the development and supply of technological solutions for generating energy from waste. With its expertise and experience, Co-Energy has established itself as a leading player in the field of sustainable energy.

Aviv Dekel, Acting CEO of Co-Energy stressed the importance of the collaboration: “Co-Energy is delighted to partner with Valveri and as each company brings their expertise and experience, this collaboration between Co-Energy and ValVeri will fundamentally transform the hydrogen market.”

Giorgio Karhausen, CEO of ValVeri, was also pleased about the cooperation and said: “I am pleased that we have succeeded in winning another innovative company from hydrogen technology for the cooperation. We want to use the excellent infrastructure in Kelheim to implement the joint venture with Co-Energy in the progressive environment at the H2-DonauHub.”

The first project of the joint venture will aim to convert plastic waste into hydrogen at the Kelheim site (Bavaria). This initiative will make an important contribution to sustainable energy supply and at the same time support the fight against plastic pollution.

The joint venture between ValVeri AG and Co-Energy Ltd. represents a significant step towards an environmentally friendly and sustainable future. The partnership brings together the expertise and resources of both companies to develop innovative energy harvesting solutions.

About ValVeri AG:

As a financial and management holding company, ValVeri AG is a leading company in the field of CleanTech, renewable energies and hydrogen. The company is committed to the development and implementation of sustainable solutions for energy generation.

About Co-Energy Ltd:

Co Energy Ltd. is a company specializing in the development and provision of technological solutions for generating energy from waste. The company has set itself the goal of creating sustainable waste-to-energy solutions that are cost-effective and reduce dependence on fossil fuels.

Press contacts:

Co-Energy Ltd.

Aviv Dekel – Acting CEO

Email: [email protected]

ValVeri AG

Anastasia Shafranskaya – Assistant to the CEO/Project Coordination

Email: [email protected]

March 16th, 2023, Co-Energy is happy to report that Co-Energy and Elcon Recycling Center have signed an agreement to establish a waste-to-energy pilot project, to convert plastic waste to diesel and electricity.

Energy Tech Review selected Co-Energy to be at the TOP 10 Waste to Energy solution providers for 2023.

In it’s recent publication, the magazine featured an interview with Co-Energy’s chairman, Amir Cohen, introducing the work of Co-Energy and our unique perspective on converting waste to a high quality energetic product.

The article notes that “The plants operate continuously, which is significantly more efficient than a batch-wise process, saving energy along the way. It has a sophisticated control system with remote options for preserving process stability in the presence of non-homogeneous waste. The output energy can be stored and released on time per the advanced requirements for integrating renewable energies in the smart electricity grid.”

This is and exciting acknowledgement of Co-Energy’s endeavors in the waste-to-energy market, paving the way as top industry leader. With a track record of successful commercial capabilities and operational plants, we continue to shape the landscape of waste-to-energy.

We are excited to share a short video clip that presents Co Energy and our activity, including pictures from our system installed at Shachaf plant in Northern Israel.

We have previously advocated for employing waste-to-energy technologies as means for reducing the huge capacities of Municipal Solid Waste (MSW) and plastic waste. We have also argued that traditional perceptions about the limits of renewable energy resources should allow innovative and out-pf-the-box thinking, thus regarding MSW and plastic waste as a renewable energy resource.

Now it is time to take the concept of waste-to-energy to the next level and utilize it in a smart, efficient and financially attractive manner. This is what we at Co-Energy have invested years of research and development into. Of course, on paper all the sustainability technologies sound great. Actually making them so in real life is a completely different story, and it requires expertise, sophistication and creativity.

Incorporating cutting edge technology while maintaining an outstanding return on investment rate, Co-Energy offers the ideal solution to MSW and plastic waste. The most significant advantages of Co-Energy’s plant are:

  1. Common solutions to MSW and plastic waste are landfilling and combustion. Both raise strong resistance and actually being put out of use by many countries, leaving the problem still unsolved. Co-Energy realizes the principle of thermal decomposition of organic materials in such a way that allows it to efficiently convert organic materials that were previously optimally converted by an un-aerobic or gasification processes. This simplifies the process both in terms of OPEX and CAPEX, putting into use simpler equipment and sophisticated control systems thus reducing safety issues.
  2. Co-Energy’s process is a continues one, and does not rely on batch feeding. Most of the solutions currently available use big and bulky equipment, that is works in batch process. Batch process is less desirable than a continuous process, mainly for the following reasons: in batch processes it is impossible to fully control the composition of gases emitted as a result of the process; batch process requires heating and cooling the reactor before and after each batch; between batches the reactor needs to be cleaned and prepared for the next batch etc. The process in its entirety is unstable and damages the resiliency of the system in whole.
  3. Co-Energy’s plant’s emissions levels are very low, well below the required standard, and they are expected to decrease even further as R&D efforts progress and more improvements are inserted into the equipment.
  4. Co-Energy’s system includes an advances control system that monitors the process in real time and makes sure that the end product is consistently the same. This is not to be taken for granted, not at all. Co-Energy’s system is designed to convert organic waste into energy. Organic waste is by definition not homogeneous and can never be one, which greatly challenges the ability to anticipate let alone control the energetic products. The stability in Co-Energy’s process and consistency of products puts it in the forefront of waste-to-energy reliable technologies.
  5. Co-Energy’s system does not require pre-sorting and pre-separation of the waste and plastics. All MSW and plastics as is will go into the plant. Thus, Co-Energy’s system saves vast amounts of money and time that is commonly wasted on sorting waste to its various components. The residues of the process, which are estimated at around 5% of the MSW, being mostly non-organic materials, metals and glasses, will be omitted automatically from the process and will be transferred to recycling without the costly and prolong pre-treatment phase.

After many decades of considering sustainable industries as lacking a sound financial basis, it is time to move forward and embrace the new era in which sustainability is profitable. Co-Energy enables this and presents the new generation of waste-to-energy technologies.