ECOVE Environment Corporation is a resource management services provider that assists public and private entities in Taiwan, Macau, Mainland China, Southeast Asia, India and the USA.
We help in the ﬁnancing, planning, construction, operations and maintenance of EfW plants.
We help in the ﬁnancing, planning, construction, operations and maintenance of Photovoltaic Power plants.
We oversee the development, operations and maintenance of resource reclamation and treatment plants.
Latest News / Awards
ECOVE Issues $1 Billion Corporate Green Bonds to Finance Carbon-Reduction Power Projects
(Taipei) May 19, 2021—ECOVE, a subsidiary of CTCI Group focused on resource cycling businesses, has announced the launch of a five-year maturity TWD $2 billion debenture program in Q1 2021, including TWD $1 billion in the form of green bonds. The debenture is expected to be issued by late May.
With favorable coupon rates, subscription for ECOVE’s first-ever bond issuing is eager due to the support of major financial institutions. Total bidding figure amounted to TWD $6.8 billion, drawing an oversubscription of 300%. This is a sign of recognition from investors on ECOVE’s stable performance and green investments.
The financing from the debenture program will help ECOVE lower its mid- to long-term capital costs and interest rate risks, as well as contribute to ECOVE’s renewable energy and carbon-reduction projects.
The green bond capital will be solely used for the investment, development, and setup of solar power plants. Performance indicators will be released one year following bond issuance. The capital is expected to be used to build 25 MW solar power plants capable of generating 28.7 million kWh, or equivalent to 14,630 tons in carbon reduction.
ECOVE is a resource cycling company with three core business fields: waste management and incineration, renewable energy, and recycling and reuse. Among its renewable energy business, ECOVE has installed more than 114 MW of solar capacity worldwide and has been entitled to develop 96 solar power plants. The company lives by its company-wide CSR mission to implement ESG responsibilities, and is also the world’s first company that received BS 8001 circular economy certificate.
Based on the spirit of “Most Reliable” and “Every Resource Counts,” ECOVE will continue to dedicate to improving resource cycling efficiency and treasuring every single resource through integrated management, intelligent systems, and data analysis, bringing a better future to the world.
Latest CSR Activity
SINOGAL Joins “Walk for Millions 2019” Activity to Solicit Donations for Macau Charities
SINOGAL-Waste Service Corporation, a joint venture of the industry-leading resource cycling services provider ECOVE, actively participated in community collaboration and made generous response to “Walk for Millions 2019” charity for funds. Peter Wang, now the president of SINOGAL, and colleagues took to Macau streets and appealed to the public for donating to the local communities.
Established in Macau in 2009, SINOGAL, a joint venture of ECOVE with CTCI, Consulgal Group and Consulasia, is the sole entity responsible for operation and maintenance(O＆M) of the Macau Refuse Incineration Plant. In 2010, SINOGAL partnered with ECOVE in a joint venture to provide O&M services for the Macau Hazardous Waste Treatment Plant. With the public spirit, taking from society and giving back to society, ECOVE and SINOGAL will actively engage in Macao charitable causes to benefit local people, give back to the society, and seek mutual prosperity.
Creating a Circular Taiwan
Even though Taiwan has gained a global reputation for excellent recycling, attaining the position as the world's second-best recycler,[i] a staggering seven million tons of waste fail to be reintroduced into the supply chain every year. In order to better utilize global resources, Taiwan, along with other environmental leaders, has included principles of the circular economy in its national development model.Download