What we do:
- Manage the project, i.e. BOO (Build-Own-Operate).
- We sign a PPA (Power Purchase Agreement) with an electricity company or other off-taker.
- We choose the best technology available and sign an EPC (Engineering Procurement Construction) agreement for a turnkey commissioning of the project.
- We sign supply agreements with feedstock suppliers.
- We provide financing, debt and equity.
- We choose a site in an area where feedstock is easily available and where electricity grid connection is nearby.
- We apply and receive all regulatory permits to erect the plant and process the waste.
Waste-to-Energy
One of the highly growing clean energy markets is waste-to-energy.
Global Need for Clean Energy
The global clean energy market grew at an annual rate of 31%, reaching $246 billion in 2011 (Clean Edge, 2012), driven by the global population's increasing need for more energy (see to the right). The USA reclaimed "the top spot among all G-20 nations, thanks to $48 billion primarily in government subsidies, but with $45.5 billion in private investments" (Pew Charitable Trusts, 2012). "China’s investment in clean energy grew 30% to $51.1 billion in 2010" (Seeking Alpha, 2011). In China, "400 GW of new clean energy capacity is likely to be needed by 2020" (Climate Bridge, 2012). "The total investment into renewable power in Africa was $3.6 billion by 2010 and is expected to grow to $57.72 billion by 2020" (Frost & Sullivan, 2011a). There are thus opportunities in these three markets for clean energy solutions such as Blue Sphere provides.
Waste-to-Energy Market
One of the highly growing clean energy markets is waste-to-energy. There is an 'endless' supply of waste due to the billions of tons generated each year from organic waste, farm waste, animal manure and municipal waste since "humans generate over 2.1 billion tons of municipal waste annually" (Think Global Green, 2012); and an 'endless' demand for energy since "waste from farms, gardens, industries and municipalities can be utilized to obtain petroleum substitutes, heat and electricity" (Frost & Sullivan, 2011b). In the global market, which was $7 billion in 2010 (SBI Energy, 2011), the thermal and biological segments will reach $6.2 billion in 2012 and $29.2 billion by 2022. In an optimistic scenario, they could reach $80.6 billion by 2022 (Pike Research, 2012).
- Corporate Profile Organic waste in the USA contains enough energy to supply a substantial part of the USA'S energy demand. These millions of tons of organic waste are the “oil” fields of the 21st century.
- However, as opposed to fossil energy which diminishes and gets more and more expensive and will soon disappear, organic waste is here to stay as long as there are human beings on the plant.
- Blue Sphere produces electricity from biogas derived from this organic waste. The electricity is sold to electricity corporations under long-time agreements.
- Methane (CH4), emitted from organic waste, is a major negative contributor to global warming and climate change. Blue Sphere converts this harmful gas into inert gas, thus making a major contribution to preventing global warming and climate change.
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Smart Decisions about Money
A Proud Member of the Advocacy Network
Company Name: PublicWire
Contact Person: Dave Donlin
Email:Send Email
Phone: 4074906635
Address:5850 TG Lee Blvd, Suite 300
City: Orlando
State: FL
Country: United States
Website: http://publicwire.com
Source: www.abnewswire.com
