HOUSTON, TX–(Marketwired – Dec 17, 2013) – Global Clean Energy, Inc. (OTC PINK: GCEI) is proceeding with Full Circle Renewables,LLC to develop an Anaerobic Digestion AD development on the Seneca AgBio Energy Park in Romulus, New York. GCE and Seneca will provide land, infrastructure, rail access and gas input facility while Full Circle will provide the technology and operations.
To supplement the feedstock required, GCE will move forward with a biomass drying operation under a tolling agreement with Novera Proteins Inc. to process biomass feedstock including grape pumice from local wineries to produce supplemental agricultural feedstock for the AD plant.
These projects will provide the basis for the Seneca AgBio Green Energy Park by creating a location by which diverse and interrelated energy projects can be situated to create a renewable energy park in the Finger Lakes region of New York. The energy park is located on the former Seneca Army Storage Depot. “We’re thrilled at the progress of realizing our vision of a true energy park that utilizes waste materials from the farms, wineries and yogurt manufacturers while revitalizing the Army Depot and creating much needed jobs. This is truly a win, win for the community,” said Michael Coia, President of Seneca BioEnergy.
“FCR welcomes the opportunity to be working with GCE and the Seneca Energy Park to develop another AD project to meet the biogas needs of our customers,” says Jim Quan, CEO of Full Circle Renewables, LLC.
The Seneca AgBio Green Energy Park project has been awarded a $2,000,000 incentive from NYSERDA, for the production of electricity. In addition, NY State has awarded the site with a tax exempt bonding package of $7,000,000 for capital purchases of equipment and infrastructure. GCE has applied for New York StartUP tax incentives.
GCE foresees an investment of $25,000,000 in 2014 to allow for the creation of 30 full time jobs and revenues in excess of $9,000,000 by 2015. “The Seneca AgBio Green Energy Park is expected to house 2 additional waste to energy technologies over the next two to three years,” added Steven Mann, GCE’s Chief Development Officer.
About Global Clean Energy, Inc.
Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.).