Svend Waever, the new Danish Ambassador to Malaysia, took part in a ceremony after the signing of the agreement for Clean Development Mechanism (CDM) projects between the Danish Ministry of Climate and Energy and Mistral Engineering Sdn Bhd, a subsidiary of Cepatwawasan. An agreement was also signed between Nordjysk Elhandel A/S and Mistral Engineering and Cash Horse (M) Sdn Bhd. Cash Horse is also a subsidiary of Cepatwawasan, while Nordjysk Elhandel is a Denmark-based private limited company involved in trading and the generation of power. Cepatwawasan’s two green bio-energy projects at the Prolific Yield Palm Oil Mill in Sandakan, Sabah, will utilise all waste products from the palm oil milling process and turn it into electricity. The projects – Biogas Energy Plant, at a cost of RM 20 million, will be generating about 3MW of power for supply to the grid of SESB, while the Biomass Energy Plant, worth RM 60 million, will be able to export 10MW of power to the grid of SESB. The construction is expected to be completed by 2010.
