Business & Finance
Business and Finance
Business and Finance
Tue, April 14, 2009Mon, April 13, 2009Fri, April 10, 2009Thu, April 9, 2009Wed, April 8, 2009Tue, April 7, 2009Mon, April 6, 2009Sun, April 5, 2009Fri, April 3, 2009Thu, April 2, 2009Wed, April 1, 2009Tue, March 31, 2009Mon, March 30, 2009Sun, March 29, 2009Fri, March 27, 2009Thu, March 26, 2009Wed, March 25, 2009Tue, March 24, 2009Mon, March 23, 2009Fri, March 20, 2009Thu, March 19, 2009Wed, March 18, 2009Tue, March 17, 2009Mon, March 16, 2009Fri, March 13, 2009Thu, March 12, 2009Wed, March 11, 2009W2 Energy Inc.: W2 Energy Develops Cutting Edge Clean Coal System
Published in Business and Finance on Friday, March 27th 2009 at 7:08 GMT, Last Modified on 2009-03-27 07:09:36 by Market Wire
TORONTO--(Marketwire - March 27, 2009) - W2 Energy (
The People's Republic of China has recently announced that it expects to build 544 power plants in SE Asia to meet rapidly increasing demand, according to an article released by the BBC. These plants would normally be powered by the low BTU lignite coal in SE Asia, causing significant adverse environmental pollution. W2 energy's plant offers a true alternative for all traditional coal fired thermal plants without the normal pollution associated with this type of operation.
W2 energy is also able operate off the grid at any coal mine site and add tremendous value to the bottom line of the coal mine. W2 has begun introducing its plants into SE Asia through RJ Howell Ltd. Discussions are underway with several companies to use the W2 Coal Power Plant to process their coal reserves rather than using conventional methods. The technology will reduce the cost of bringing a coal mine into production, and accelerate the mining operation timelines associated with a start up or increasing production while eliminating most of the overall pollution associated with this type of operations.
It is worth noting that as a result of the proprietary closed loop system, all of W2 Energy's plant are CO2 negative and qualify for Carbon Credits. These Credits will add more profits to the bottom line in addition to the main revenue stream.
"These carbon credits will be available to all our joint venture partners as long as industry and governments worldwide are trying to meet green energy portfolio standards," says Mike McLaren, CEO of W2 Energy. "More industry regulation means more of a worldwide demand for carbon credits."
Carbon credits sell for cash on the Chicago and European Climate exchanges and can be traded the same as stocks. Carbon credits are sold to polluters to help them meet carbon output regulations, and to companies, municipalities and countries that have voluntary carbon output portfolio standards.
"Selling carbon credits will be a significant part of the revenue stream for W2 Energy and its joint venture partners," says McLaren.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
About R&J Howell Investments Limited
R&J Howell provides real estate and investment consulting to a variety of industrial, commercial and government clients worldwide. The company has been in business since 1964 and since that time has been involved in a number or real-estate and high technology investments.
