Date: September 20, 2006
Source: Plasma Environmental Technologies Inc.
Siemens and Zero Waste Energy Systems Inc. (ZWES) have formed a partnership to produce green energy from waste. ZWES recently agreed to be acquired by Plasma Environmental Technologies Inc. on September 1. The plan is to jointly develop small-scale distributed power plants in southern Ontario to run on organic waste fuels. The agreement calls for Siemens to design, build, operate and maintain the waste to energy infrastructure that will rely on fuels created by ZWES from biomas feedstocks.
The first plant will be constructed in southwestern Ontario and is expected to supply electricity to the grid under Ontario's recently announced Standard Purchase Offer at 11 cents per kilowatt hour, and thermal power to local agricultural greenhouses at prices significantly below those of fossil fuels.
Contacts:
Plasma Environmental Technologies Inc.
Alex Falconer
(905) 332-9693
(905) 332-9792 (fax)
falconer@plasmaenvironmental.com
www.plasmaenvironmental.com
Zero Waste Energy Systems Inc.
Ian Lipton
(416) 460-4286
(416) 363-8434 (fax)
ianlipton@zwes.ca
Siemens Canada Limited
DL Leslie
(905) 819-5926
(905) 819-5793 (fax)
dl.leslie@siemens.com
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