Read the following statements carefully:
1.A research team at IIT Kanpur has developed a technology which can generate energy from solid waste with high moisture content.
2.The new technology - Hydro Thermal Carbonization (HTC) - can convert municipal solid waste to biofuel, soil amendment and absorbents.
3.The moisture in the waste is used to the advantage of the process which uses water for the reaction.
Which of the above statements is/are correct?