Earlier this year WMW reported that Pennsylvania based MPM Technologies was planning to develop a plasma arc gasification waste to fuel demonstration technology (read story).
Several months later and an agreement has been signed to help bring this to fruition.
Subsidiary company Carbon Cycle Power (CCP) has now signed a lease agreement with an affiliate of Spokane Valley manufacturer, Wheeler Industries.
As part of the agreement, Wheeler Industries will house the company's technology, so it can be manufactured and demonstrated on the same site.
The patent-pending photon-induced, electric-arc gasification technology is hoped to process biomass (such as lumber mill waste and agricultural residue) and municipal solid waste for the cogeneration of heat and power.
The process is said to actually be a chain reaction whereby thermo, photo, chemical, and ionic reactions all take place resulting in a complete decomposition of all feed material.
Carbon Cycle Investments (CCI), which acquired a controlling interest in MPM following a stock purchase agreement in April 2013, already has an agreement with Wheeler as the manufacturer of the reaction chamber of its gasification technology.
"After reviewing several viable options, the one that made the most fiscal sense was to manufacture and demonstrate in the same location," said Brian Burrow, interim CFO for CCI/MPM. "We're literally building the unit on one side of the street and deploying the demo on the other side of the street. It really is an ideal scenario."
Manufacturing will begin immediately now that the lease agreement has been signed.
Read more
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