Jan 12 2011
Fulcrum BioEnergy has declared a partnership deal with California’s Waste Connections for the supply of Municipal Solid Waste (MSW), which is post sorted to the Sierra Bio Fuels Plant owned by Fulcrum.
This plant is the first commercialized facility that converts waste into low carbon ethanol, high value chemical products and renewable energy. James Marcias, the CEO and President of Fulcrum remarked that the company was delighted to partner with Waste Connections. Sierra BioFuels had developed successfully with a lot of support from Waste Connections during the past two years demonstrating the company’s commitment to the environment. He also mentioned that they were eagerly waiting to work with Waste Connections on this vital project that would utilize household garbage into clean energy.
According to Steve Bouck, President of Waste Connections, the company was excited to participate in this renewable energy project. The Sierra BioFuel Plant was a perfect case illustrating the united efforts of two companies for creating cost-effective solid waste management solutions into clean renewable energy.
Fulcrum had already begun engineering operations along with Flour for the Sierra plant earlier on. It is expected to function commercially by late 2012 and would be the Nation’s first production facility on a commercial scale for conversion of waste into ethanol, propanol and renewable electricity. Fulcrum had declared in 2010 that the Sierra BioFuels Plant had been chosen by the US Department of Energy (DOE) as a recipient of the final phase of the Loan Guarantee Program. The company has been given a detailed term sheet and has started negotiations with a target of loan closure and funding during 2011’s first quarter. Once financing is complete, Fulcrum would commence construction work on the $120 million program situated in Storey’s County’s Tehoe-Reno Industrial Center around 20 miles to the east of Reno, Nevada. This plant would supply clean transportation fuel to the Reno market stimulating economic growth in Northern Nevada with the creation of around 500 green jobs. Fulcrum has many plants such as the Sierra Bio Fuels Plant in its future plans.
Source: http://www.fulcrum-bioenergy.com