Alfa Laval has signed an agreement with a Chinese system builder for the delivery of land-based waste heat recovery units. This newly developed unit Alfa Laval Micro is much smaller in size and specifically targets land-based applications.
The agreement stretches over two years and comprises the delivery of Alfa Laval Micro units to power plants in Asia. Once installed, the units will recover waste heat to produce hot water which will be used for generating additional electricity. The new system can recover enough heat to boost power production by an additional 6-8%.
The two-year frame agreement has a total value of approximately SEK 60M, split 50/50 over 2020 and 2021. As of Q1 2020, some SEK 30M had already been booked in the Gasketed Plate Heat Exchangers unit of the Energy Division.
Energy recovery (and reuse) is vital to achieve energy efficiency in industrial processes. It is predicted that energy efficiency will be the main contributor to reaching the Paris Agreement.