Vermont Renewable Gas LLC, an affiliate of Clean Energy Technologies (CETY), Costa Mesa, California, has entered into an agreement with Northeastern Vermont Development Association to purchase 8 acres in the Saint Johnsbury/Lyndon Industrial Park. The property will serve as a site for VRG-Lyndonville, a biomass renewable energy processing facility.
With an investment of $10 million, CETY will design, construct and operate the facility in Lyndonville. This facility will convert low-grade, woody fiber sourced from local working lands into renewable natural gas (RNG) and biochar fertilizer. The RNG generated will subsequently be converted into renewable electricity and heat. The plant, which should be fully commissioned within 12 months, is expected to yield more than 14,600 megawatt hours (MWh) of renewable electricity and 1,500 tons of biochar annually. With the purchase agreement now in effect, the immediate focus will be on site permitting and final engineering.
“This project serves as a blueprint for numerous forthcoming renewable biomass projects and is expected to spearhead our entry into this immensely profitable and growing industry,” CETY CEO Kam Mahdi says. “By vertically integrating the biomass projects into our business, we are also able to grow our heat recovery business horizontally. We anticipate that our future projects will be larger by orders of magnitude and have a profound impact on the environment while bringing us new sources of revenue. The expansion of our renewable energy biomass projects will further solidify our ambition to become a comprehensive solution provider for industrial and municipal-scale projects in our strategic target markets.”
At the heart of this project is CETY’s revolutionary high-temperature ablative fast pyrolysis reactor (HTAP biomass reactor). The HTAP biomass reactor is a proprietary technology that transforms organic waste by using ultra-high temperatures to produce renewable electrical power, biochar fertilizer and high-heating value fuel gas in addition to other commercially valuable chemicals.
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CETY’s concentration on HTAP applications for various waste types, including industrial and municipal solid waste, landfill waste, agriculture waste and forestry waste, reflects the growing trend of incentivizing clean energy investments in commercial and industrial sectors, as well as the escalating interest in clean energy solutions within municipalities. Furthermore, this project stands to benefit from the recently enacted Inflation Reduction Act passed in August 2022.
In conjunction with CETY’s existing portfolio of technologies and solutions, these projects will advance the company’s mission to offer a more vertically integrated and scalable platform for clean energy solutions across multiple industries in most key markets globally. Moreover, CETY’s existing Organic Rankine Cycle (ORC) business will also capitalize on each Biomass project, offering Heat Recovery Solutions that increase value by 15 percent. This synergy between projects not only enhances the profitability of the biomass sector but also drives top-line and bottom-line growth throughout the company, generating long-term predictable income streams.
CETY says the development establishes a solid foundation for future projects using HTAP biomass reactor technology in the rapidly expanding biomass renewable energy sector.
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