SOURCE: Energy Quest, Inc.

September 24, 2009 08:48 ET

Energy Quest Receiving Many Inquiries Since Announcing Its Modular Power Plants

Energy Quest Receiving Inquiries for Modular Biomass Power Plants

HENDERSON, NV--(Marketwire - September 24, 2009) - Energy Quest, Inc. ("EQI") (OTCBB: EQST), an emerging leader in alternative energy, is receiving many inquiries for information and requests for proposals for its modern 6.7 megawatt (MW) Modular Power Plant (MPP) systems. A lot of interest has been generated in the short time since announcing EQI's 6.7 MW MPP concept. As previously announced the 6.7 MW module is self sufficient to run independently or synchronously with many modules allowing a build up to a 12, 24, 40 or 60 MW energy system. One inquiry that stands out is from a serious development group located in Alabama who are interested in installing a 24 MW wood (biomass) power plant which would be made up of four 6.7 MW MPP systems. This 24 MW power plant would also incorporate a recovery system to capture waste heat from the power generating process to generate steam. The steam would be used to create heating and cooling for a nearby industrial user. Fabrication and installation time for the MPP system would take 12 months after receipt of order.

The 24 MW biomass power plant will generate over 320,000 tons per year of Greenhouse Gas (CO2, Methane) credits because of its method of generation. These Greenhouse Gas (GHG) credits would be sold to brokers or existing coal plant generator.

The modular 24 MW power plant will also incorporate a stack gas (CO2) capture system which will be used primarily for an Algae feed and bio-diesel growing operation. Algae can also be grown as a fish and shrimp feed (food) as pointed out from an algae grower interested in EQI's MPP system.

Energy Quest will provide the proprietary technologies, equipment and Operation and Maintenance (O&M) agreement for five (5) years for the complete gasification to Power plant, while the Alabama development group will arrange the project financing, supply of wood (biomass) feedstock and site location for the plant.

"It is good to see interest in the Energy Quest MPP concept. We are exited about Alabama and other incoming potential projects," stated Wilf Ouellette, President and CEO of Energy Quest, Inc.

About Energy Quest

Energy Quest, Inc. a Nevada corporation, with its subsidiaries, WaveChem Inc. (www.wavechem.com), and Syngas Energy Corp., is an emerging leader in the development and marketing of low-cost alternate fuels worldwide. Through superior technology, the Company is focused on becoming a GreenPowerhouse™. Record energy prices, combined with the global focus moving rapidly towards addressing pollution, has heightened the need for sustainable, zero emission energy. Energy Quest's technology is based on clean, renewable energy, positioning it to benefit from global trends. Web-site http://www.nrgqst.com/

Forward-Looking Statements

From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

Contact Information

  • Contact:
    Energy Quest, Inc.
    Investor Relations
    877-661-2112
    or 888-619-2221
    or 404-478-9845
    e-mail: info@nrgqst.com