Financial Issues and Poor Market Conditions Force Australia's Colac Power to Scrap Plans for Biogas Cogen
Financial Issues and Poor Market Conditions Force Australia's Colac Power to Scrap Plans for Biogas Cogen
PERTH, AUSTRALIA--April 8, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--Colac Power Company Pty Ltd Limited (Melbourne, Australia), a special purpose entity formed by Camperdown Compost Company Pty Limited and its energy partner, Diamond Energy Pty Limited, has cancelled the development of a 1-megawatt (MW) biogas cogeneration power plant due to poor financial and market conditions.
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