GreenFuel Technologies Corporation, a privately held company providing emissions-to-biofuelsâ„¢ conversion services to power plants and industrial facilities, today announced it has delivered its first Advance Module to a large electricity generating customer.
Cambridge, Massachusetts — GreenFuel Technologies Corporation, a privatelyheld company providing emissions-to-biofuelsâ„¢ conversion services to power plants andindustrial facilities, today announced it has delivered its first Advance Module to a largeelectricity generating customer.
The Advance Module is scaled to provide a practical demonstration of GreenFuel’s trademarkemissions-to-biofuels system, which uses naturally occurring, nontoxic, photosynthetic algae toconvert up to 86% NOx and 40% CO2 from smokestack gases into energy-rich biomass, suitablefor use as a renewable fuels source.
“I’m very proud of our technology,” said Dr. Isaac Berzin, GreenFuel founder and ChiefTechnology Officer. “But I am even more proud of the mutually beneficial business relationshipswe are building within the energy sector, starting with this first customer.”
The field trial is scheduled to continue over a period of up to one year, in order to addressseasonal variables such as climate and electricity demand. The trial will also provide plant-specificperformance data for use in future expansions to a larger size pilot and, eventually, a full-scaleinstallation.
GreenFuel President and CEO Cary Bullock commented, “We have already proven the technicalfeasibility of our system; this field trial will enable us to demonstrate the operational viability ofthe GreenFuel emissions-to-biofuels system to deliver real value to working power plants andother industrial facilities.”
GreenFuel is currently in discussions with several other prospective customers interested inundertaking their own field trials of the company’s system.
About GreenFuel Technologies Corporation: GreenFuel’s mission is to utilize its suite of proprietary advance biotechnologies to profitablytransform exhaust gases from power plants and industrial sites into renewable biofuels,worldwide. The company’s patent-pending system produces no harmfulbyproducts, and is compatible with untreated water supplies. GreenFuel is presently negotiatingfacility installations domestically, as well as internationally. Funded in part by lead investor AccessIndustries, a global private equity investment group, GreenFuel is headquartered in Cambridge,Massachusetts. For more information visit www.greenfuelonline.com.
Source: GreenFuel Technologies Corporation
