Philippines to host one of P59-B world eco-friendly energy projects
By MARK ANTHONY N. MANUEL
November 2, 2011
Manila Bulletin
CLARK FREEPORT, Pampanga, Philippines – The Philippines will become one of the symbolic homes for a one-billion-euro (P59 billion) environmental projects by an international company that builds bio green power plants around the world.
Other countries included in the projects are the United States, South Korea, and China.
Officers from True Green Energy Group (TGEG), a US-based company that promotes world power and green technologies, revealed that the multifaceted agreement between them and international building corporation CJ consortium finalized the one-billion-euro line of credit to fund TGEG bio green power plants around the world.
The agreement will fund the expansion projects of the TGEG around the world, including its materials recovery facilities (MRF) in the Philippines.
Under the new agreement, TGEG will exclusively build a new factory in the Philippines for the construction of eco-friendly low-cost houses in places where TGEG's Material Recovery Facilities (MRF) and Biomass systems will be deployed.
On Nov. 5, shareholders from the two companies will attend a meeting here and will be able to visit the first $25 million green energy power plant site in San Fernando City, Pampanga.
TGEG said its material recycling facility system, shredder, and pelletizer in San Fernando make fuel from garbage. This fuel is then used to create electric energy on the grid by the gasification process.
The company added that by Nov. 10, the city and TGEG will begin to staff the green energy power plant.
“Once the TGEG bio systems specialists have been hired and fully trained to run the system, the Bio Green gasification system will be deployed creating electric energy from the fuel facility made from the MSW (municipal solid waste) from the landfill site,” it said.
Under the agreement, TGEG will also continue to contract and build MRF and biomass gasification systems for universal deployment throughout the globe.
TGEG’s corporate office in Asia is located inside this Freeport.
Ronald Flynn, founder and chairman of the board, said in a statement, “With the combination of TGEG viable renewable energy resources and landfill sites, coupled with energy efficiency, conservation and smart grid development for low-cost housing, we could lead the world in energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.”
“We spent five years working three shifts 24 hours a day in building our operation. Today you can find gasification systems and companies all over the globe who turn garbage into power. However, the key to success in this business is much like drilling for oil. You see, there are many ways to get oil out of the ground, but you must first find the oil before you can make money at it. In our business you can buy 101 different types of equipment to turn trash into energy. I admit, five years ago it was very tough, but today it is no big secret, everyone has this technology," Flynn explained.
Because of the many land fill sites now owned by TGEG both locally and internationally it will also announce on Nov. 5 three major biomass gasification companies from America, Korea and China which have awarded TGEG with a license to supply and deploy biomass gasification systems around the world.
Other countries included in the projects are the United States, South Korea, and China.
Officers from True Green Energy Group (TGEG), a US-based company that promotes world power and green technologies, revealed that the multifaceted agreement between them and international building corporation CJ consortium finalized the one-billion-euro line of credit to fund TGEG bio green power plants around the world.
The agreement will fund the expansion projects of the TGEG around the world, including its materials recovery facilities (MRF) in the Philippines.
Under the new agreement, TGEG will exclusively build a new factory in the Philippines for the construction of eco-friendly low-cost houses in places where TGEG's Material Recovery Facilities (MRF) and Biomass systems will be deployed.
On Nov. 5, shareholders from the two companies will attend a meeting here and will be able to visit the first $25 million green energy power plant site in San Fernando City, Pampanga.
TGEG said its material recycling facility system, shredder, and pelletizer in San Fernando make fuel from garbage. This fuel is then used to create electric energy on the grid by the gasification process.
The company added that by Nov. 10, the city and TGEG will begin to staff the green energy power plant.
“Once the TGEG bio systems specialists have been hired and fully trained to run the system, the Bio Green gasification system will be deployed creating electric energy from the fuel facility made from the MSW (municipal solid waste) from the landfill site,” it said.
Under the agreement, TGEG will also continue to contract and build MRF and biomass gasification systems for universal deployment throughout the globe.
TGEG’s corporate office in Asia is located inside this Freeport.
Ronald Flynn, founder and chairman of the board, said in a statement, “With the combination of TGEG viable renewable energy resources and landfill sites, coupled with energy efficiency, conservation and smart grid development for low-cost housing, we could lead the world in energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.”
“We spent five years working three shifts 24 hours a day in building our operation. Today you can find gasification systems and companies all over the globe who turn garbage into power. However, the key to success in this business is much like drilling for oil. You see, there are many ways to get oil out of the ground, but you must first find the oil before you can make money at it. In our business you can buy 101 different types of equipment to turn trash into energy. I admit, five years ago it was very tough, but today it is no big secret, everyone has this technology," Flynn explained.
Because of the many land fill sites now owned by TGEG both locally and internationally it will also announce on Nov. 5 three major biomass gasification companies from America, Korea and China which have awarded TGEG with a license to supply and deploy biomass gasification systems around the world.
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