BIOTRICITY LEASES LOCATION FOR FIRST POWER PLANT.Biotricity Corporation (Pink Sheets:GWND) has leased a location in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the for the construction of its first power plant to generate electricity from biomass. The lease is part of a 79 acre power station originally built by Reliant Power, now RRI RRI Radio Romania International RRI Raman Research Institute RRI Resource Renewal Institute RRI Robarts Research Institute RRI Research Reactor Institute RRI Renal Research Institute (USA) RRI Rights and Resources Initiative Energy and is now being developed into the Houston Clean Energy Park. The facility is located in Central Houston just minutes from downtown and the medical center, and adjacent to a 500 MW CenterPoint Energy CenterPoint Energy (NYSE: CNP) is an electric and natural gas utility serving several markets in the U.S. states of Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. switchyard switch·yard n. An area where railroad cars are switched and trains assembled. with ready access to the Texas ERCOT ERCOT Electric Reliability Council Of Texas, Inc. grid. Biotricity expects to install a 5-10 MW power plant at this location once financing is secured. The location provides Biotricity with the primary infrastructure necessary to connect to the electrical grid which substantially accelerates our timelines. "Securing this location gives us the ability to connect to the electrical grid and benefit from millions of dollars of existing infrastructure," stated Tyson Rohde, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "With this facility, we will be able to deliver green electricity much faster and at a lower cost than if we were located elsewhere," he noted. Biotricity has developed a new combustion technology for the burning of woody biomass to generate electricity to address America's growing demand for green power. Biotricity will generate green power from renewable energy sources and expects to reduce carbon emissions that would otherwise result from the natural decay of the biomass it burns. The company is designing a proprietary Biotricity Power Station to produce electricity from biomass such as wood chips, sawdust, waste paper, and other organic matter by processing biomass and burning it in a soon to be patented combustion chamber to power a turbine and generate electricity. For more information, call 713/984-7551 or visit http://www.biotricitypower.com. |
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