Archive for the ‘Clenergen Corp. CRGE’ Category

Clenergen Corp. (CRGE.OB) Announces Memorandum of Agreement with Leading Scientific Research and Development Company

Wednesday, October 7th, 2009

Clenergen Corp. announced that it has entered into a Memorandum of Agreement (MOA) with Enhanced Biofuels & Technologies India Ltd (EBTI) to form a new research and development company. Called Biomass2Biopower Private Limited (B2B), the new company will be focused on bio energy research and development, evaluating a variety of tree species for future potential supplies of cultivated non edible biomass feedstocks.

B2B has evolved a highly integrated complimentary operational profile that embraces a team of scientific and technical skills drawn from some of the world’s foremost research, academic, Industrial, policy and financial sectors. The Scientific Advisory Council, headed up by Dr. W. Selvamurthy (Distinguished Scientist and Chief Controller for the Defense Research and Development Organization, Ministry of Defence, Govt of India), consists of many eminent scientists.

Commenting on the new Joint Venture Company, Mark Quinn, CEO of Clenergen stated, “The wealth of scientific knowledge of the Scientific Advisory Council provides Clenergen the best possible plant science resources for its feedstock cultivation program, along with a variety of alternative species of tree and grass which can be adopted for specific climatic conditions. B2B will generate revenue from the sale of its bio pesticides and bio fertilizers as well as out sourcing planting materials to third parties for the purpose of cultivating biomass feedstock on behalf of Clenergen Corporation”.

Doctor Ganapathy Arumugam, Managing Director & Group Science Director of EBTI, commented, “Our partnership with Clenergen allows for the commercialization of our plant science expertise in the field of genetic plant breeding, agronomy and microbiology. We can now provide a strong foundation for the production and supply of high yielding planting materials and crop based bioinputs. Together we aim to increase the productivity per unit area on a global scale for the cultivation of biomass as a non edible feedstock to be utilized as a source of renewable energy”.

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Clenergen Corp. (CRGE.OB) Leases 2,000+ Additional Acres in India for Biomass Plantations

Tuesday, September 29th, 2009

Clenergen Corp. announced today that it has secured long term leases effective 25 years on plantation land parcels in the Tirunelveli District of Tamilnadu for cultivation of its feedstock. The company has already begun working on the first parcel of 850 acres for a detailed survey prior to designing the irrigation system and commercial planting. The lease has been provided by Emberumanar Jeer Trust, an entity regulated by the Government of Tamilnadu.

The company has also been granted a lease of 1,200 acres from a similar Government of Tamilnadu, which is anticipated to be closed by October 30th 2009 after completion of the formalities relating to contour mapping. Clenergen plans to cultivate Beema Bamboo over these land parcels once a detailed assessment of the soil conditions and water availability is complete. Beema Bamboo planting is scheduled to commence in November 2009 since the plant is not affected by the monsoon rains.

Estimated to yield 80,000 Metric Tonnes per annum, Clenergen is confident it will meet the requirements of the first 8MW unit of the 16 MW power stations being establishing in Tuticorin, Tamilnadu. Clenergen has leased a 10 acre site for the power plant which includes structural buildings suitable for storage. According to the press release, the power plant is located within 2KM of a major highway and 10 Km of the nearest substation for power evacuation.

Until the harvests begin, Clenergen has signed midterm supply contracts for biomass wood chips sourced from Prosperous Juliaflora bushes to meet its feedstock requirements in Tamilnadu.

Commenting on the land leases, Mark Quinn, CEO stated, “Execution of our feedstock program is a critical component in meeting the supply requirements of our Biomass power plants. By securing lease agreements at this stage allows the company to immediately start planting Beema Bamboo which will yield its first harvest in 2011.”

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Clenergen Corp. (CRGE.OB) Has an Outstanding Group of Directors and Scientific Advisors

Monday, September 28th, 2009

Clenergen Corp. has developed a unique system of co-gasification and localized plantation management using proprietary and mixed biomass feedstocks to implement sustainable supplies of clean energy to regional, independent clients and national electric grids. The “distributed environmental power system” or DEPS combines significant proprietary advancements in plant science with proven, long-standing engineering technologies to achieve the goal of renewable and sustainable supplies of electricity.

Clenergen has an absolutely outstanding group of scientific advisors and non-executive directors to guide them on a path to future success. Here is a brief overview of the group:

Dr. N. Barathi – Biotechnology Science Advisor

Dr. N. Barathi has 25 years of experience in plant propagation by tissue culture and cultivation of plants. He has conducted research in bamboo for the past 10 years and identified an ideal bamboo clone for energy plantation and standardized agronomical management and agriculture inputs to maximize the biomass yield. Dr. Barathi is a founding director of Growmore Biotech Ltd., the only propagator of trpoical energy bamboo in the world. The company produces over 200,000 plants per week of bamboo and Paulownia for high density energy plantation. Dr. Barathi has been recognized for this work in countries including India, China and Australia.

Dr. K. Muthuchelian – Chief Scientific Advisor, Biomass Energy Crops

Dr. K. Muthuchelian is currently the director for Biodiversity and Forest Studies at the Madurai Kamaraj University, and also professor and head of the School of Energy, Environment and Natural Resources at the same university in India. He has been nominated as Fellow of International Energy Foundation by the International Energy Foundation in Saskatchewan, Canada; Elected as Fellow of National Academy of Biological Sciences by the National Academy of Biological Sciences in India; and awarded the prestigious degree of ‘Doctor of Science’ by Madurai Kamaraj University.

Jack Dickey – Non-Executive Director

In 1969, Mr. Dickey founded the Dickey Seed Company, which later became the largest producer, processor and marketer of certified soybean seed in the southeastern United States. In 1992, he bought a major interest in Guyana Timber Sales, a company joint ventured with Guyana’s Plywood Industries Ltd. The purpose of the joint venture was for the harvesting, milling and marketing of wood and wood products from a company-acquired 95,000 acre timber tract along the Berbice River in Guyana. Mr. Dickey has continued working to convert Dickey Seed Company into an international, agro-forestry company.

David Sonnenberg – Non-Executive Director

Mr. Sonnenberg is currently executive director of Energy Technologies Limited, a South African company that is exploiting the potential of agricultural waste to produce renewable and sustainable electricity. He was the director of D1 Oil Plc and responsible for the agronomy department of Jatropha as a non-edible feedstock for the processing and production of biodiesel.

Mike Starkie – Non-Executive Director

Mr. Starkie is group vice-president and chief accounting officer of oil giant BP. In that position, he plays a leading role in BP’s mergers and acquisitions. Mr. Starkie is also responsible for BP’s financial statements, the company’s SEC filings and compliance with other financial reporting requirements.

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Clenergen Corp. (CRGE.OB) Appoints Dale Shepherd as CFO and Abillish Kamti as CFO of Clenergen India Private Ltd.

Monday, September 21st, 2009

Chief Executive Mark Quinn announced this morning that the company has appointed Dale Shepherd as its Chief Financial Officer and Abillish Kamti as the Chief Executive of Clenergen India Private Ltd.

Working from 1973 to 1991 for one of the world’s premier global networks, the General Electric Company, Dale’s career has focused on hands on problem resolution, acquisitions, joint venture start ups and entering new business areas. During his time at GE, he held the positions of Director of Finance, GEM Polymers Ltd. Vice President, GE Plastics Japan Ltd. and Managing Director, GEM Chemicals, Inc. From there he joined Kawasaki LNP NC in the Engineering Plastics subsidiary of Kawasaki Steel Corporation. Kawasaki Steel Corporation appointed Dale as Vice President Business Planning and Corporate Secretary to drive entry into the plastics industry by way of acquisitions. Over the 8 years he was at Kawasaki, he negotiated and integrated acquisitions in USA, U.K., France and Germany which resulted in tripling of European sales over five years. Dale also developed the Asia-Pacific expansion strategy and assisted in set up of a green fields manufacturing facility in Malaysia with other offices in Asia-Pacific countries.

Abillish Kamti worked for GE Capitol Finance from 2001 to 2004 where he managed the portfolio of investments in leases, project financings, and securitizations of aircrafts, helicopters, power plants and rolling-stock. In 2005 he joined Paramount Airways as Head of Finance where he was involved in structuring and negotiating financial deals with various funding agencies and had key involvement in new business approval process and liasing with key stakeholders across the business. He then joined SREI Infrastructure Finance in 2008 as Senior Vice President –Treasury, assuming a leading role in all treasury activities and investor management issues for SREI Group companies. His duties included managing the strategic funding of their overseas subsidiary in Russia and the Middle East, raising overseas funds for the group, and identifying partnership opportunities and joint initiatives with investors, banks, and international investment institutions overseas and in India.

Mark Quinn commented on the appointments, “Dale and Abillish both bring a strong background of corporate finance to the company and their mix of experience is very relevant to our business. We look forward to welcoming them to Clenergen and helping us meet our strategic ends.”

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Clenergen Corp. (CRGE.OB) Announces Launch of Biomass Research Project with Leading Indian University

Monday, September 21st, 2009

Today, Clenergen Corp. announced that it has received approval from Madurai Kamaraj University, a respected University established in 1966, to inititate a research project on behalf of Clenergen to develop and apply new scientific techniques to enhance growth of biomass crops and to develop superior agronomical practices for best possible utilization of available natural resources to maximize yield.

Clenergen told investors today that it has accepted the terms of the technical engagement and that the project will commence during the first week of October 2009. The Department of Bioenergy, School of Energy, Environment and Natural Resources of the University will execute the project for Clenergen. Currently, Dr K. Muthuchelian is currently Director for Biodiversity and Forest Studies at the Madurai Kamaraj University, and Professor and Head of the School of Energy, Environment and Natural Resources at Madurai Kamaraj University, Madurai.

Prof. K. Muthuchelian has been nominated as Fellow of International Energy Foundation (FIEF) by International Energy Foundation, Saskatchewan, Canada, elected as Fellow of National Academy of Biological Sciences (FNABS) by National Academy of Biological Sciences, India and awarded the academically high Prestigious Degree of “Doctor of Science” (D.Sc.) by Madurai Kamaraj University.

Accredited as an A Category University, Madurai Kamaraj University is one of the oldest and prestigious Universities of South India and is recognized for its ground-breaking, pioneering efforts in development of agriculture in Tamilnadu. The School of Energy, Environment and Natural Resources has a dedicated Department of Bioenergy which specializes in Biomass Crops and undertakes various projects on behalf of the Government of Tamilnadu. With state of the art infrastructure and laboratories, the school is home to eminent professors and alumni who have spearheaded the advancement made by Tamilnadu in Biomass crops.

Dr. Arvind Pandalai, Non Executive Group Chairman of Clenergen Corporation, commented, ” It is a matter of great privilege to have been chosen by the University for undertaking such a project which brings immense value to Clenergen and its projects not just in India but worldwide.”

Mark Quinn, CEO of Clenergen stated, “This is a great moment for Clenergen to be in a position to gain from the great resources of the University. The project will be funded by Clenergen, but serves to benefit the company in order to maximize the output and optimize the usage of the available resources.”

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Clenergen Corp. (CRGE.OB): Biomass Appeal

Friday, September 18th, 2009

There are three words that sum up the primary goal of the global environmental movement, clean renewable energy. Ever since it began to dawn on people that fossil fuels, like every other resource, had limits, there has been an ongoing search for a fuel that would never go away. Granted, the fears expressed early on about fossil fuels now seem a bit naïve. Remember back in the 70s when they said that by the year 2000 the world would run out of oil? It turns out that fossil fuels don’t really go away, they just get more and more expensive to get.

Unfortunately, once a society gets hooked on something, building everything around it, it becomes easier to accept the gradual price increases rather than change it all. But eventually there comes a time when people start to realize that the emperor has no clothes, and that there’s got to be a better way. One by one, people begin to look for, and then demand, alternatives. Once the trickle starts to become an avalanche, the flow of money begins to turn with it.

Today, one of the places money is beginning to turn to is biomass. Biomass represents the idea of growing our energy, essentially harvesting the suns rays indirectly, but on a continuous (renewable) basis. It’s a little like solar energy, using the suns rays to produce heat or electricity, except that plants, and perhaps animals, are used as a go-between. After all, plants are the oldest and still the most efficient solar collectors and converters on the planet. They’ve had ages to perfect the process. So why not farm energy crops the way we now farm food crops?

Of course, it’s never as easy as it sounds. Wood is the oldest energy source we have, a renewable biomass, but nobody is suggesting we go back to that, at least as a sole solution. In order for biomass to work, it has to be efficient and at least somewhat be economically competitive with fossil fuels, cleaner in a number of ways, and relatively easy to distribute to where it is needed.

There are many proposed biomass solutions, all of them hotly debated, and much of the debate is fueled by all of the unknowns that are involved. Biomass fuels have sometimes proven tricky to process, requiring the trial and error development of new equipment and handling techniques. In addition, the use of biomass results in emissions and the best solutions to that are still unclear. Still, biomass does have at least one significant advantage over wind and solar: it’s available 24 hours a day, every day, regardless of the weather. And there are economic advantages too, part of the reason Anglo-Dutch oil giant Shell recently announced that it is shelving investments in wind and solar in favor of biofuels.

Currently, most biomass power plants burn lumber and agricultural waste, sometimes directly to produce steam for generating electricity and sometimes indirectly after turning the waste into gas. Biomass is currently the second largest renewable energy source in the country. In Brazil, nearly 40% of all motor vehicles run on alcohol made from sugar cane. In fact, almost any biological matter, including wood chips, animal manure, seaweed, and even garbage, can be used to produce power.

Some of the relatively few publicly traded biomass related stocks include Andritz Group (PINKSHEETS: ADRZF), Macquarie Power & Infrastructure Income Fund (PINKSHEETS: MCQPF), and Renegy (PINKSHEETS: RGYH). But one of the most exciting prospects is a company out of Florida called Clenergen Corp. (OTCBB: CRGE).

Clenergen has identified Bamboo and Marjestica, a fast growing species of tree, as the most reliable feedstock/biomass source for gasification and the continuous generation of clean energy. Their plan is to produce high-density, short-rotation biomass crops on a commercial scale, at a cost of production equivalent to or less than the price of coal, and to produce a renewable and sustainable source of electricity through advanced gasification technologies. But it’s more than just theory. The company installs, owns, and operates small to medium sized Distributed Environmental Power Systems (DEPS) to local municipalities, manufacturers, and national grids. They’re already developing a major project in India, and have just purchased a 90-year leasehold for 5,000 acres of land in South America for growing and exporting biomass to generate electricity in the U.S. and Europe.

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Clenergen Corp. (CRGE.OB) Lauds Management Team for List of Accomplishments

Thursday, September 17th, 2009

Clenergen Corporation is dedicated to researching and developing renewable electricity techniques. The company attributes its success to its experienced management team, all of whose members bring a track record of success and operational expertise. Clenergen consistently upholds the standards of a great team and recognizes its members for their accomplishments and dedication to the company’s mission.

Clenergen’s Non-Executive Group Chairman, Dr. Arvind Pandalai, has 32 years of experience in international trading, export and import management, market research, counter trade, off-shore trade, joint ventures, project management, financial management and strategic planning. In 2004, he received the IMM Award for Excellence as a Top Professional by the Institute of Marketing & Management, New Delhi, India. He was also awarded Certificate of Excellence in Productivity, Quality, Innovation & Management by the Institute of Economic Studies, New Delhi, India.

Robert Kohn, Clenergen’s Non Executive Vice-Chairman, has served as Chairman/CEO, President/COO, and co-founder of three start-up public companies, with a combined market cap of over $1.5 Billion. In his tenure, the equity and debt raised for these companies exceeded $400 million. He was President of a subsidiary of Exelon, an electric utility ranked #1 in U.S., and President and founder of entrade.com (Energy Trading) at Exelon.

Mark LM Quinn, Chief Executive Officer, brings to Clenergen extensive international business experience in South East Asia, Russia, the Middle East and Africa. Mark was co-founder and CEO of D1 Oils Plc. He successfully floated the company on the Alternative Investment Market in October 2004, raising £40 million in funding over the course of the first year.

Acting Chief Financial Officer Abhilash Kamti is a finance professional with experience in the banking & financial sector in various roles of Credit / Risk underwriting, and Structuring & Corporate Finance. Kamti was part of GE Capital in India with a focus on high end asset leasing. Prior to Clenergen, he was part of the senior management of a leading Non Banking company in the Infrastructure sector handling Treasury & Strategic funding.

Finally, Jessica Hatfield, Executive Vice President, created The Media Vehicle in 1994, a company that provided advertising alternatives to traditional above the line media. Hatfield’s personal interests and passions lie in organizing initiatives for the advocacy of environmentally protective projects, thus co-founding STARO (Save the Amazon Rainforest Organization). Hatfield was recently elected to the United Nations Environmental Program Hall of Fame recognizing her work in the field of Amazon Rainforest conservation.

Clenergen’s success directly stems from the strong core of its management team. Looking forward, Clenergen aims to stay focused on environmentally sound electricity techniques. To date, the company has begun operations Guyana, Ghana, Uganda, Brazil Russia and South Africa, and is anticipating expanding its endeavors.

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Clenergen Corporation (CRGE.OB) Leases 5,000 Acres of Land and Option Rights for 150,000 Acres for Biomass Cultivation in Guyana

Monday, September 14th, 2009

Clenergen Corp.’s CEO Mark Quinn announced today that the company has signed a 90 year lease for 5,000 acres of land and the option rights to buy 145,000 more in the Co-operative Republic of Guyana in South America. The company will be using this land to cultivate fast growing micro-propagated elite strains of Paulownia for producing wood chips (biomass) for the production of clean electricity in the USA and Europe.

According to the press release, Clenergen secured the long lease of land after extensive research and development into various forms of feedstock for the purpose of generating clean electricity directly cultivated from plantation sources.

Mr. Quinn commented, “On a conservative estimate of 40 tonnes of biomass per acre, the company projects an annual supply of 6 (six) million tonnes by 2016. With the overwhelming demand for coal fired power plants to blend biomass to reduce carbon emissions, Clenergen intends to be a global supplier of high calorific wood chips for gasification and clean energy generation, particularly in Europe and the USA. GCI has experience with this species of tree since 1991 and is recognized has a world leader in Paulownia plantations.”

Earlier this year, Clenergen Corporation Ltd. acquired the assets of Enhanced Biofuels and Technologies Limited (EBT), which included but were not limited to three year’s research and development of non edible vegetable oils, algae, and biomass feedstock for the purpose of producing bio fuels and bio energy.

This combined expertise has concluded that the cultivation of high-density, short-rotation biomass crops on a commercial scale will result in:

(I) A cost of production competitive to the price of coal (measured in energy terms – MM/Btu)
(II) The effective use of a proprietary integrated plantation model
(III) The production of natural organic fertilizers from the byproducts produced at the site of the 1.5MW per hour Anaerobic Digestive Power plant in Tuticorn, Tamilnadu India. Operations are expected to commence in October-November 2009 and will produce an estimated 9000 tons of Ammonium Sulphate Fertilizer, which will be transported to the land under lease in India and shipped from the port of Tuticorin to port of Guyana.
(IV) A clean source of electricity through advanced gasification technologies.

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Clenergen Corp. (CRGE.OB) Announces QualityStocks Coverage

Monday, September 14th, 2009

Clenergen Corp. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Clenergen Corp. is focused on using a proprietary biomass process to generate renewable electricity. The company has identified two fast growing species of tree and applied a proprietary Tree Adaption Process for rapidly increasing the growth rate 30-40%. This substantial growth rate will enable the production of an economically viable source of feedstock/biomass for creating a renewable source of electricity.

Because the company uses renewable biomass, organic material derived from plant matter not related to food production, it is able to produce clean, sustainable energy without endangering the food supply. Additionally, unlike fossil fuels that only add CO2 to the atmosphere, biomass generates positive carbon emissions credits through the process of photosynthesis.

Mr. Mark Quinn, CEO of Clenergen, stated, “Clenergen has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much-needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have Clenergen as a featured company. The Company is methodically establishing itself as a category leader.”

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Clenergen Corp.’s (CRGE.OB) $1.2 Billion Contract to Supply Clean Power to India

Friday, September 11th, 2009

Earlier this year, Clenergen Corp. announced its first major power purchase agreement with the Power Trading Corporation (NASDAQ: PTC) of India for the purchase and sale of 71 MW of power, which is to be generated by Clenergen’s new biomass based power project in Tamilnadu. This purchase agreement has a value of up to $80.0 MM USD per year for 15 years, totaling to $1.2 Billion.

Clenergen India’s Honorary Chairman Dr. Arvind Pandalai, who has helped formulate various policies of the Government of India over a 32 year career, believes that his home country is the ideal place for Clenergen to initiate its global agenda. He stated, “The expertise of Clenergen’s management team and the strength of its proposition at a time when India and the rest of the world is demanding cleaner, more accessible electricity are truly compelling.”

The residential and business communities of India will benefit tremendously from the uninterrupted supply of clean, sustainable energy, including job creation to service the project from launch in 2010. The project is planned to scale up in three Phases; Phase I of 6 MW followed by Phase II of 15 MW and Phase III of 50 MW.

Mark LM Quinn, CEO of Clenergen Corporation Limited, commented, “This will be the first of many long-term agreements with major power purchasers, utilities and industrial clients. Locally managed transactions like this one with PTC India, are at the core of our business model and can be duplicated in many countries of the world where energy supplies do not satisfy demand.”

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Clenergen Corp. (CRGE.OB) Secures Exclusive License to Proprietary Plant Adaption Technology; Engages Arbour Technologies

Friday, September 11th, 2009

Clenergen Corp. CEO Mark Quinn announced today before the opening that the company has acquired an exclusive intellectual property license for use in India and Sri Lanka from Star Biotechnology Ltd. This license will provide immediate access to the technology and knowledge required to increase the rate of biomass production, assisting in the generation of clean electricity through gasification.

“This is a significant source of plant science and expertise for Clenergen and will literally accelerate the development of our ambitions in the field. We have been working with the science team for the past six months and I am glad to have now reached this milestone”, stated Mr. Quinn today.

Using mother strains of Paulownia originating from Australia, the Polyploidy Technology Plant Adaption Process (PTPAP) will be applied to produce an entirely new species of fast growing tree, specifically cultivated to thrive in the climate and soils of land leased by Clenergen in India and Sri Lanka. It is projected that the application of PTPAP will result in up to a 40% increase in the growth of saplings within two years from planting.

On granting the license to Clenergen, Star Biotechnology’s Stephen Von Peltz commented, “This is an exciting new license for an exciting, young company and we are proud to supply the necessary knowledge and expertise required by Clenergen and their partners.”

The company also announced that Arbour Technologies Ltd of Queensland, Australia has been engaged to provide research, development and agronomy management for the cultivation of this biomass feedstock for gasification and the production of clean electricity by Clenergen.

Speaking of their involvement, Arbour Technologies’ Malcolm Lamont said, “We look forward to working on this innovative project and with all of the Clenergen team”

Within six months of the exclusive license being effective, 18,000 polyploidy Paulownia saplings and 6,000 parent (non-polyploidy) saplings will be ready to plant and support Clenergen’s clean electricity projects. The company’s subsidiary, Clenergen India Private Limited, has signed a 71 MW Power Purchase Agreement with the Power Trading Corporation of India and is currently in the first phase of development in the Tamilnadu region of India. When built, this facility will be able to utilize the biomass of the saplings for the production of electricity.

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Keep Clenergen Corp. (CRGE.OB) on Radar!

Thursday, September 10th, 2009

Clenergen Corporation is focused on using a proprietary biomass process to generate renewable electricity. The company has identified two fast growing species of tree and applied a proprietary Tree Adaption Process for rapidly increasing the growth rate 30‐40%. This substantial growth rate will enable the production of an economically viable source of feedstock/biomass for creating a renewable source of electricity.

The company anticipates the implementation of a 71MW per hour biomass power plant in Tamilnadu, India, which will be phased over a 42 month period. It is expected that by 2010, the power plant will generate 15MW per hour. Utilizing 6,500 acres of land for the cultivation of feedstock, the project is scalable and capable of expanding to 121MW per hour within a 5 year period.

Because the company will be using renewable biomass, organic material derived from plant matter not related to food production, it is able to produce clean, sustainable energy without endangering the food supply. Additionally, unlike fossil fuels that only add CO2 to the atmosphere, biomass generates positive carbon emissions credits through the process of photosynthesis.

Clenergen is backed by an experienced management team with a track record of success and operational expertise. The company has also established third party partnerships to enable the business to achieve its business goals and enable it to meet or exceed its financial forecasts and projections. To date, Clenergen has begun operations in the following markets: Guyana, Ghana, Uganda, Brazil Russia and South Africa.

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