Alter NRG announces commissioning of biomass gasifier at waste to
liquids facility in China
TSX - NRG
OTCQX - ANRGF
CALGARY, Jan. 29, 2013 /PRNewswire/ -
(TSX: NRG; OTCQX: ANRGF) Alter NRG Corp.
("Alter NRG" or the "Company") is pleased to announce that Wuhan
Kaidi
("Kaidi"), which purchased a Westinghouse Plasma gasifier design,
and
plasma torch systems, from Alter NRG in 2010, has successfully
completed the commissioning of the unit at its demonstration
facility
in Wuhan, China.
Westinghouse Plasma is a wholly-owned subsidiary of
Alter NRG that license and sells the Westinghouse Plasma
technology
solutions worldwide.
The Westinghouse plasma gasification unit is designed to take
approximately 100 tons per day of biomass waste and convert it
into
clean syngas. The clean syngas is then to be converted into diesel
fuel
and other transportation fuels at the Kaidi facility. The
demonstration facility is the first instance of a broader business
plan
being implemented by Kaidi to convert waste biomass in central
China
into clean, renewable energy utilizing the Westinghouse Plasma
technology. Under the contract, Alter NRG has access to
operational
data from the Kaidi facility.
Walter Howard, CEO of Alter NRG
added that "This is a significant
reference plant that shows how our Westinghouse Plasma
conversion
technology has the ability to take a societal problem of waste
products
and convert it into useful renewable energy. China is a large market
with aggressive mandates for renewable energy and we are excited by
the
interest in the region for waste-to-energy technology and the
foothold
we now have in the China market
with Kaidi."
Kaidi has a stated mandate to be "Devoted to environmental
protection
for the benefit of humanity" and with over 1
billion USD of annual
sales they are a leading green energy company in China. Kaidi is a
publicly traded company in China
with a long history of successfully
working with Western Companies.
ABOUT ALTER NRG
Alter NRG provides alternative energy solutions to meet the
growing
demand for environmentally responsible and economically viable
energy
in world markets. Alter NRG's primary objective is to further
commercialize the Westinghouse Plasma Gasification Technology,
through
its wholly owned subsidiary, to provide renewable and clean
energy
solutions from a wide variety of feedstocks, and provide a wide
variety
of energy outputs - including liquid fuels like ethanol and
diesel,
electrical power, and syngas.
The Toronto Stock Exchange does not accept responsibility for
the
adequacy or accuracy of this release.
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the
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estimates and assumptions could, in the future, turn out to be
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the continued development of the Corporation's technology and its
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referred to under the heading "Risk Factors" in the Company's
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except as may be required pursuant to applicable securities
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SOURCE Alter NRG Corp.