West Virginia Alloys (WVA), a producer of silicon metals and silicon-based alloys, has entered into an agreement with Recycled Energy Development LLC (RED) to develop an energy recycling project at the WVA plant in Alloy, West Virginia. RED will invest $45 million to $55 million to install waste heat recovery boilers that will convert the hot exhaust produced in WVA's manufacturing process into steam, which will then generate 40 to 44 megawatts of electricity. The project, expected to go into operation in 2010, will annually produce more than 300,000 megawatt-hours of clean energy and eliminate approximately 290,000 metric tons of greenhouse gas emissions. The resulting energy will offset nearly one-third of the purchased electricity used in WVA's furnaces, eliminating costs and associated emissions of purchased power.
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