West Virginia Alloys, a subsidiary of Globe Metallurgical, the country’s largest silicon producer, has contracted Recycled Energy Development to build an electricity-generation system that captures hot gases coming from silicon furnaces to make steam and run generators, the Chicago Tribune reports.
It will cost an estimated $45 million to $55 million to build the system, which will generate more than 40 megawatts of electricity, about one-third of the silicon-maker’s power needs.
Globe Metallurgical will buy the electricity - the highest single cost for West Virginia Alloys - for 25 years at a set cost.
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