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W2 Energy Inc and TecFuels to Produce Small Biomass-CTL Plant
4 June 2008
W2 Energy Inc., the developer of a GAT (Gliding Arc Tornado) plasma reactor for biomass gasification for power and fuels generation, and TecFuels, LLC have formed a joint venture to build one waste-to-energy plant which will convert 40 tons of bituminous coal and agricultural waste into electricity and 70 cetane synthetic diesel. (Earlier post.)
The plants will use W2 Energy’s proprietary gasification and gas-to-liquid technologies and TecFuels’ expertise in developing waste-to-energy plants.
The joint venture will pay W2 Energy for design, construction, delivery and commissioning of the waste-to-energy plant, which will produce approximately 100 barrels of synthetic diesel per day and will have a 5 MW steam turbine for electricity production.
W2 Energy, as the technology partner, will retain 51.1% of the joint venture. TecFuels will retain 49.9% of the venture and will provide local management and operations support. |
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