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BioPower Operations Corporation's Subsidiary, Green3Power Executes Agreement With St. Lucie County, Florida to Build a $175 Million Renewable Energy Facility on the St. Lucie County Landfill
BioPower Operations Corporation's Subsidiary, Green3Power Executes Agreement With St. Lucie County, Florida to Build a $175 Million Renewable Energy Facility on the St. Lucie County Landfill.
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[{"type":"text","content":"\n \n \n BioPower Operations Corporation's Subsidiary, Green3Power Executes Agreement With St. Lucie County, Florida to Build a $175 Million Renewable Energy Facility on the St. Lucie County Landfill\n \n \nBioPower Operations Corporation's Subsidiary, Green3Power Executes Agreement With St. Lucie County, Florida to Build a $175 Million Renewable Energy Facility on the St. Lucie County Landfill\n \n FORT LAUDERDALE, FL--(Marketwired - Aug 11, 2015) - BioPower Operations Corporation (OTCQB: BOPO) (\"BioPower\") announced today that its wholly-owned subsidiary Green3Power Operations Inc. (G3P) through its subsidiary Green3Power St. Lucie LLC (the \"Company\") has executed an agreement to build, own and fund a $175 Million Renewable Energy Facility (REF) which will convert approximately 1,000 tons per day of municipal solid waste, green waste, construction and demolition waste and used tires into approximately 80,000 gallons per day of ultra-low sulfur synthetic green No. 2 diesel fuel. The facility will utilize G3P's exclusively licensed thermal gasification process to produce synthesis gas (a.k.a. as syngas) and then through the Fischer-Tropsch process produce diesel fuel. The Fisher-Tropsch process has been in use for over ninety years turning gases into diesel fuel. The REF will be built at the existing St. Lucie County Solid Waste Landfill Management Facility site. By diverting all of the incoming waste the REF will contribute extending the life of the landfill, reducing environmentally harmful greenhouse gas emissions and creating renewable energy from waste. G3P's strategic partner on the project is R.G. Vanderweil Engineers (\"Vanderweil\"). G3P will have ownership in the facility and operate and maintain the facility for twenty years after it is funded.\n The Chair of the Board of the St. Lucie County Commissioners, Paula A. Lewis stated, St. Lucie County believes that this project will complement our current recycling program by recovering more waste for recycling while significantly reducing the amount of waste being landfilled and creating renewable energy from the remainder of waste that otherwise would have been landfilled.\n Dr. Neil Williams, PhD, P.E., CEO of G3P stated, \"St. Lucie County has a long history of implementing innovative and cost-effective technologies at the St. Lucie County Solid...