Clenergen Corporation

Clenergen Corporation

November 09, 2010 06:36 ET

Clenergen Corporation Signs a Memorandum of Understanding With Ghana Manganese Company Ltd to Install a 2 MW/h Gasification Biomass Power Plant in Ghana

ACCRA, GHANA--(Marketwire - Nov. 9, 2010) - Clenergen Corporation (OTCQB:CRGE)(FRANKFURT:9CE) signed a MOU with Ghana Manganese Company Limited with the objective to install a 2 MW/h Gasification Biomass Power Plant operating on gas engines on their mining site in Nsuta Wassaw. The gasification power plant will be the first of its kind in Ghana and a major step forward in ensuring a secure and sustainable supply of renewable electricity at the site of a mine under the "captive power" whereby power is supplied directed to the end user.

Clenergen Ghana Limited, a subsidiary of Clenergen Corporation, intends to enter into a minimum 15 year Power Purchase Agreement (PPA). It is intended that the 2 MW/h biomass power plant will be installed and operational within 12 months upon signing of the PPA.

Clenergen Ghana Limited intends to lease up to 400 acres of non arable land near the mining site in order to grow its propriety high yielding species of bamboo as a source of biomass for the gasification power plant. After many years of research of research into breeding and fertilization programs, Clenergen's specialist bamboo is produced from tissue culture, resulting in an asexual, non evasive, non flowering plant which a lifespan of up to 50 years.

Commenting on the development, Mark Quinn, Executive Chairman of Clenergen Corporation said "Ghana Manganese has shown a commitment to providing energy security for its operations by adopting its own supply electricity at the site of its mining operations. By generating carbon neutral renewable energy and the cultivation of specialist energy crops, this project demonstrates an alternative, environmentally friendly and cost effective solution for clean energy generation".

Mr. Jurgen Eijgendaal, Managing Director of Ghana Manganese Company LTD (GMC) commented, "the MOU clearly demonstrates the willingness of parties to explore and realize an alternative way of clean energy generation in combination with an enhanced social responsibility program".

About Clenergen Corporation

Clenergen Corporation is a publicly-traded company with its common stock quoted in the USA on the OTC Market (Symbol: CRGE) and in Germany on the First Quotation Board, Open Market of the Frankfurt Stock Exchange (Symbol : 9CE) Clenergen offers strategic clean energy generation and supply of biomass feedstock to address the requirement for renewable and sustainable supplies of electricity. Clenergen has developed a unique modular system for gasification and localized plantation management. Clenergen also plans to provide biomass feedstock for producing wood pellets for co firing with coal to produce low emission electricity.

Clenergen Corporation uses biomass feedstock to implement sustainable supplies of clean energy for captive end users, islands, mining companies, government or privately-owned power grid systems and other end users. The "Distributed Environmental Power System" marries significant proprietary advancements in plant science with proven long standing engineering technologies to achieve this goal. For further information on Clenergen Corporation and its products and services, go to:

Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). To the extent that any statements made in this press release contain information that is not historical, these statements are essentially forward-looking. Forward-looking statements can be identified by the use of words such as "expect," "plan," "will," "may," "anticipate," "believe," "should," "intend," "estimate," and variations of such words. Forward-looking statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, those risks and uncertainties contained in this press release and those identified in the periodic reports that the company files with the Securities and Exchange Commission (the "SEC") pursuant to the Exchange Act.

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