Mainstream solutions tend to generate quite a bit of attention as people and companies search for answers and applications to issues of all kinds. Often, however, it is the less-noticed processes that end up solving the initial issue more efficiently and elegantly than front-page ideas. Keeping an eye out for those processes that might be flying under the radar is one of the better ways to profit from a pressing need and solution. To find a potentially lucrative payoff, all an investor needs to do is be aware and open-minded to new ways of looking at potential solutions.
Global Environment Energy Corp., an energy development company with a full array of energy programs, was founded around waste-to-energy electricity development. Its lead product works to develop clean energy through a waste-to-gas system known as “The BiosPhere MK-V.” The founder and chief executive officer of the company, Dr. Chris McCormack, is also credited with the DiGenter Process of microbial conversion of ethanol in the current 85%-15% ethanol/gasoline mix – later in collaboration with the Ford Motor Company.
The company has signed an agreement with Spectrum Blue Steel Corporation to market and sell the “The BiosPhere MK-V” process around the world. From all appearances, the process is becoming a standard where dense concentrations of waste generation occur. Currently the Philippines government has taken the lead with the process as part of its clean energy program, which began in August 2008. September 2008 has found Spectrum Blue Steel signing a 25-year agreement with the Cavite Export Processing Zone to manage and operate the biosphere units. Current plans call for seven 6-megawatt power units to be installed within the next three months at the 275-hectare zone. From current projections, this should help power the 268 industrial plants and process the 200 tonnes/daily of municipal/industrial solid wastes generated for some time to come.
As many forms of alternative energy continue to look for acceptance and installations, “The BiosPhere MK-V” appears to have found a favorable reception and acceptance by some very important countries and commercial users. Abu Dhabi is very near to accepting the units for its use, as is South Africa and several African countries with urgent needs for sustainable power and waste management.
It would appear that this particular solution to clean energy solves several pressing issues in the developing world, making it an elegant as well as profitable solution. Having the money and prestige of Abu Dhabi behind the project is of no small note as well. Although there are many potential solutions to the alternative energy dilemma facing the world today, Global Environment Energy Corp. and Spectrum Blue Steel may have hit upon a solution that works and profits on many levels.
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