W2 Energy Inc. (PINKSHEETS: WTWO), a green energy company, is pleased to announce it will begin to market small scale biomass-to-energy systems. These new systems will cost $2.25 million, making the system affordable to the average entrepreneur or small to midsized firm.
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The small system will process 4 tons of carbon-based material per day and produce 420 gallons of liquid fuel. The liquid fuel will be comprised of high-cetane synthetic diesel, gasoline and industrial waxes.
The system will also generate electricity. The specific electrical output will depend on the feedstock. The unit can convert a variety of feedstock including coal, biomass, municipal solid waste, and sewage sludge and farm waste.
"W2 Energy intends to market our biomass-to-energy plants as a 21st century business opportunity," says Mike McLaren, CEO of W2 Energy. "Our system can process waste, coal or biomass into electricity and the highest quality liquid fuel. The small scale of this plant allows a company or small town to turn their waste or stranded biomass resources into energy and money. We think the demand for these small waste-to-energy plants will be high."
W2 Energy will accept down payments of $500,000 and will help finance the remainder of the purchase price.
The company is also seeking entrepreneurs with long term contracts for municipal solid waste or coal, peat or other biomass.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops next generation renewable energy power systems. W2 Energy Inc.'s biomass-to-energy plants produce liquid hydrocarbon fuels, including high-cetane synthetic diesel, as well as electricity.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
For further information, please contact: W2 Energy Inc. Info@w2energy.com www.w2energy.com
SOURCE: W2 Energy Inc.
$0.008 (11/10/08)
