Tag Archives: corporation
Turning Waste Into Energy
Aug. 8, 2013, 1:32 p.m. A new direction in fuel? Image source: www.gizmodo.com.au New Forests and the Clean Energy Finance Corporation (“CEFC”) have announced they have jointly executed a collaboration agreement to finance new bioenergy and biofuel developments. The new investments could include combined heat and power projects or renewable fuels projects featuring biodiesel or syngas associated with forestry investments in regional Australia. New Forests has invested in extensive forestry plantations in Australia, and the agreement may support establishment of new domestic markets for hardwood and softwood timber as well as traditional forestry and sawmill waste products. Under the collaboration agreement, New Forests will seek to develop commercially-oriented investment opportunities in renewable energy that complement regional forest sectors. New Forests’ managing director, David Brand, said, “This is an opportunity to diversify Australian markets for timber, turn waste material into energy, and create new jobs and investment in rural Australia. We see biomass based energy and liquid fuels as an area of substantial potential for growth, and an opportunity that could rival the size of traditional timber markets in the next ten or 20 years.” CEFC CEO, Oliver Yates, said “This is an excellent demonstration of how the CEFC can work with the forestry industry to enable bioenergy projects that will fulfil the potential for the industry to convert its waste products into a valuable renewable energy source. Investment in bioenergy can help reduce carbon emissions, lessen the reliance on traditional electricity and has the potential to boost productivity through reduced energy and operating costs.” Bioenergy presently provides 0.9 per cent of Australia’s electricity generation, but the Clean Energy Council estimates that this has the potential to increase six-fold by 2020 with the right support in place. “Linking Australia’s very significant forestry resources and skills and enhancing these through new clean energy technologies utilising cellulosic biomass will build a new industry of national value”, Mr Yates added. New Forests’ investments already include 375,000 hectares of land and timber plantation assets in Queensland, New South Wales, Victoria, South Australia, Tasmania, and Western Australia and Timberlink Australia, with two softwood sawmills located in Tasmania and South Australia. Many of these plantations were established under managed investment schemes and now need concerted effort to develop markets and infrastructure. “Market development is a key part of the work that needs to be done to reposition Australia’s plantation forestry sector for the future,” Mr Brand said. “As an Australian business we seek to achieve excellent returns for investors, and innovation is a key part of that work,” he said. The collaboration agreement is open to any projects brought forward by New Forests that meet the CEFC investment criteria. New Forests has identified a bioenergy plant in the Green Triangle alongside the Tarpeena sawmill as an immediate priority, as well as an assessment of the potential to use hardwood plantations for bioenergy and biofuel production at other locations. www.cleanenergyfinancecorp.com.au Continue reading
Carbon Friendly Retains Sustainable Capital Corporation to Provide Research Report with Target Price
May 03, 2013 02:00 PM Eastern Daylight Time Carbon Friendly Retains Sustainable Capital Corporation to Provide Research Report with Target Price VANCOUVER, British Columbia–( BUSINESS WIRE )– Carbon Friendly Solutions Inc. ( CNSX: CFQ ) (the “Company” or “Carbon Friendly”) announces that it has retained Sustainable Capital Corporation (“Sustainable Capital”), a Canadian-based firm, to render an independent research report by the beginning of June, 2013 with a target price. Accordingly, Carbon Friendly has concluded its relationship with Expansion Funding, LLC (“Expansion”). “I am pleased with the interest that MicroCoal technology has received from major utilities in key international markets. Further, I look forward to working efficiently with Sustainable Capital to receive a report in a timely manner.” The Company reports it will continue to remain focused on seeking a listing on a US Exchange; however, in order to maximize the Company’s value in advance of a listing in the US, the Company will be focused on securing additional MicroCoal™ sales and opportunities. In addition to its current agreements, the Company will follow-through with other utilities and prospects that have expressed keen interest in the MicroCoal technology and its benefits. Slawek Smulewicz, CEO and Director of the Company, states: “ I am pleased with the interest that MicroCoal technology has received from major utilities in key international markets. Further, I look forward to working efficiently with Sustainable Capital to receive a report in a timely manner.” Furthermore, a total of 1,500,000 shares held in escrow by certain parties were released back to the Company and the shares have now been returned to treasury. About Sustainable Capital Corporation Inc.: Sustainable Capital Corporation is a Canadian capital markets advisory firm dedicated to serving emerging clean-technology and select life sciences companies. Sustainable Capital is committed to growing the Canadian clean technology sector and providing the investment community with objective research reports. About Carbon Friendly Solutions Inc.: Carbon Friendly Solutions Inc. , through its subsidiaries, is focused on the development of energy efficiency technology, renewable energy, and reforestation projects that have the potential to generate significant revenue. MicroCoal Inc . has an internationally patented technology that is expected to improve coal-fired utilities’ economic performance by reducing input costs, improving operations and simultaneously reducing their environmental footprint. Global CO2 Reduction generates Carbon Offsets from forestry projects that may be transacted through international voluntary markets. Carbiopel S.A. aggregates biomass supply and produces biomass fuel pellets for the European market, including large European utilities and independent renewable energy providers, in line with EU renewable energy directives. On behalf of the Board of Directors Carbon Friendly Solutions Inc. “Slawek Smulewicz” CEO and Director Forward Looking Statements Certain statements included in this News Release contain forward-looking statements, including disclosure concerning possible or assumed future results of operations of the Company. Forward-looking statements typically are preceded by, followed by or include the words – “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, or similar exp ressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, and the Company’s results could differ materially from those anticipated in these forward-looking statements. Neither CNSX nor its Regulation Services Provider (as that term is defined in the policies of the CNSX) accepts responsibility for the adequacy or accuracy of the release. We seek safe harbor. Please contact: Slawek Smulewicz CEO and Director, Carbon Friendly Solutions Inc. Telephone: (604) 676 9792 E-mail: info@carbonfriendly.com Contacts Carbon Friendly Solutions Inc. Slawek Smulewicz, 604-676-9792 CEO and Director info@carbonfriendly.com www.carbonfriendly.com Continue reading
Virgin Australia, Brisbane Airport And SkyNRG To Create "Bioport"
Taylor Scott International Continue reading
