In the company’s news yesterday,
CleanTech Biofuels announced that it has successfully demonstrated the operational capability of its technology that processes municipal solid waste into clean, homogeneous biomass for energy production. Approximately 10 tons of garbage obtained from the City of Chicago was processed.
“The successful operation of this vessel is the first step in constructing a commercial plant using clean biomass derived from garbage as a feedstock for energy production,” stated Edward Hennessey, CEO of CleanTech Biofuels. “In reaching this milestone, we have proven the viability of our patented technology to clean and separate municipal solid waste into its component parts and can move forward with our plans for commercialization.”
Hennessey added, “With increasing political support for sustainable renewable energy, worldwide focus on carbon reduction and decreasing land availability, our biomass recovery process offers a compelling solution. Biomass we recover from municipal waste has a superior emissions profile to many other sources of fuel including coal and wood waste, can reduce landfill disposal by 80-90%, is technology agnostic for use of feedstock and produces renewable biomass for energy production using the existing infrastructure for collecting and disposing of garbage. In a market where energy demand continues to grow and the costs of handling waste continue to increase, we are well positioned to take another step towards our goal of bringing our technology to municipalities, solid waste haulers, and operators of landfills and materials recovery facilities.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.