- Waste Energy Corp (WAST, Financial) to begin revenue generation in H2 2025.
- Company targets elimination of over 2 million pounds of plastic waste.
- Preparations underway for national network of waste-to-energy conversion sites.
Waste Energy Corp (OTCQB:WAST) announced a series of significant milestones as it gears up to commence revenue generation in the second half of 2025. The company has successfully completed the procurement of all required components for its first full-scale waste-to-energy (WTE) system and is in the final stages of installation preparations, pending necessary permits.
Over the next 30 days, Waste Energy Corp will submit regulatory filings across four U.S. states to support its strategic development of a national WTE conversion network. These submissions will include permits related to air quality, Environmental Protection Agency (EPA) regulations, and business operations, marking a crucial step in the company’s geographic and operational expansion.
In the first quarter of 2025, the company secured its initial WTE consulting agreement, illustrating robust market interest in its technology-driven solutions. Waste Energy Corp aims to mitigate the U.S. plastic waste crisis by processing more than 2 million pounds of plastic waste by the end of 2025. The U.S. produces about 42 million metric tons of plastic waste annually, with a mere 5% to 6% being recycled.
Waste Energy Corp will host a live shareholder conference call on June 12, 2025, after market closure, to provide comprehensive updates on its business activities, including progress on its first facility and permitting efforts, as well as the company’s outlook for the remainder of the year.
By transforming non-recyclable plastics into clean energy, Waste Energy Corp aims to reduce landfill dependency and environmental contamination while creating new energy streams with measurable economic value.