Clenergen Corporation
OTC Bulletin Board : CRGE

Clenergen Corporation

May 03, 2010 08:00 ET

Clenergen Corporation (OTCBB:CRGE) Signs Contract With Ankur Energy Technologies Private Limited With Exclusive Rights to Supply Gasifiers

NEW YORK, NEW YORK--(Marketwire - May 3, 2010) - Clenergen Corporation (OTCBB:CRGE) signed a supply contract with Ankur Energy Technologies Private Limited for Ankur to build and install turnkey gasification biomass power plants, known as gasifiers, at designated sites in the Philippines which Clenergen is to install, own and manage pursuant to an agreement Clenergen entered into earlier this year with the National Power Corporation of The Philippines. The gasifiers will convert wood chips into carbon-neutral electricity. The supply contract also provides for Ankur to supply other proposed plants Clenergen intends to install, own and manage in its global operations, including those plants subject to exclusive sales and distribution rights in Guyana, Ghana, Zambia, Ethiopia and Libya. Clenergen also has been preferential delivery and pricing arrangements for its projects originating from the Philippines, Russia and South Africa. 

Ankur Scientific is a company which has been working in the field of Biomass Gasification since 1986 and has been developing and manufacturing biomass gasifiers to produce a combustible gas for thermal applications and power generation. Ankur Science was founded in December 1986 by Dr. B.C. Jain, a gold medalist from BITS, Pilani, a Double M.S., PhD and an M.B.A. from M.I.T. (Cambridge). The company has extensive manufacturing facilities and as the sole focus is on production of biomass gasifiers, the facilities have been specifically designed and are frequently upgraded to ensure least cost and most efficient production. Anker's competitive edge lies in its long history of developing and improving the technologies that drive its business. Ankur has patents for various technical features in its gasifiers systems and it has also won awards from the Federation of Gujarat Industries (FGI) as well as Government of India for excellence for Research in Science and Technology. It has a DSIR approved lab and the company is now ISO 9000, 14000 and 18000 certified.

Ankur Scientific is today seen as a world leader in this technology area and it products are marketed all over the world. In the developing countries they help to provide energy that is cheap and on demand, while in the developed countries they help to make the energy mix more Green. Ankur Scientific products are marketed in countries like Colombia, Italy, Germany, Cambodia, Sri Lanka, USA etc. About 100 systems are being done per year.

Each 1 MW/hr of generating capacity is sufficient to supply electricity to between 10,000-20,000 households (lights only) and 7,000-14,000 households (if including lights and a fridge). The gasifer are competitively priced, warranted for 18 months and produce on average 25% more generating power than traditional combustion steam biomass power plants. Units can be installed and commissioned within six to eight months from the date of placement of order.

The type of gasifier to be used under the supply contract is known as an Imbert (or Throated) Fixed-Bed Downdraft Gasifier. Clenergen believes that this type of gasifier inherently produces gas with the lowest tars and particulates of all the biomass gasifier designs, making it well-suited for power-generation. The fuel-gas product is easy and inexpensive to clean and cool for use in the affordable and fully warranted gas engines that drive the power-generators.

It is believed that The Ankur system has little negative environmental impacts as the solid waste is a non-toxic charcoal-ash mixture that is suitable for re-use in the plantations as a soil conditioner or for "terra-preta" agricultural practices. The water used to scrub and cool the gas is treated in a closed-loop system to remove the condensed tar, with zero effluent from the plant. The tar captured by the filters, together with the tar from the water, are recycled to the gasifier for thermal cracking into product gas.

Mark Quinn, Chief Executive Officer, said "Ankur's proven gasification technology is a turnkey solution for providing off grid electricity to rural communities throughout the regions where we are cultivating biomass crops as a source of fuel supplies for energy generating plants. We believe that Ankur has an excellent track record and manufacturing facilities, as well as provides adequate warranties on all equipment supplied. The carbon neutral process will provide for Reduction of Certificates Emissions (RECS) of which are estimated at 6000 Metric tonnes per MW per annum, based on a 1MW/h biomass power plant." 

Commenting on this development Dr. Jain, MD Ankur Sc. Said:

"Ankur are excited by this development. The Clenergen model is an ideal one for energy security, rural electrification projects and afforestation".

About Clenergen Corporation

Clenergen Corporation is a publicly listed company on the OTC stock market (symbol CRGE). Clenergen offers strategic Clean Energy Generation and sustainable fuel supply projects to address the requirement for renewable and sustainable supplies of power. Clenergen has developed a unique supply of fuel for use with gasification, combustion steam, pyrolysis oil and pelleting technologies.

By using proprietary and mixed biomass feedstock to implement sustainable supplies of clean energy to regional, Captive End Users, Mining Companies and through Government or Privately Owned National Grid Systems. The "Distributed Environmental Power System" marries significant proprietary advancements in plant science with proven long standing engineering technologies to achieve this goal. www.clenergen.com

Notice Regarding Forward-Looking Statements

This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to our ability to complete the acquisition and establish our company as one of the leading biomass power and feedstock companies globally.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with clean technologies; changes in the operating costs and changes in economic conditions and conditions in clean technologies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our current and periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information

  • Clenergen Corporation
    Jessica Hatfield
    Environment Director and CoFounder
    0044 (0)207 739 0028
    0044 (0)207 657 3275 (FAX)
    www.clenergen.com