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BLUE SPHERE PROVIDES PROJECT UPDATES: Udine, Italy Facility Meets Efficiency Goal, Holland Project Signs Key Agreements
BLUE SPHERE PROVIDES PROJECT UPDATES: Udine, Italy Facility Meets Efficiency Goal, Holland Project Signs Key Agreements.
About this update from Blue Sphere Corp
[{"type":"text","content":"CHARLOTTE, NC / ACCESSWIRE / December 13, 2017 / Blue Sphere Corporation (OTCQB: BLSP) (the \"Company\" or \"Blue Sphere\"), a clean-tech independent power producer that develops, owns and manages waste-to-energy facilities and other clean energy technologies globally, provided an update today on activities for its projects in Udine, Italy and Sterksel, Netherlands.Udine, ItalyPreviously, the Company reported that when it completed the acquisition of the Udine cogeneration plant in September 2017, the plant was operating at approximately 20% of capacity. The Company subsequently reported that it had improved the output of the facility to 90% of capacity in October 2017 and expected to be operating at approximately 95% of capacity by the end of November. Blue Sphere has now achieved this goal and the facility is operating at 95% of capacity as of November 5, 2017.Sterksel, Netherlands AdvancementsBlue Sphere further announced that it has met key milestones in the development of its landmark project in Holland. On December 4th, 2017, Blue Sphere entered into a definitive EPC agreement with Anergia B.V. This agreement includes a Turnkey Agreement for the Design, Construction and Delivery of a Biogas Plant, a Service, Maintenance and Operation Agreement and a Performance Guarantee.Anaergia entered, into a turnkey agreement with Blue Sphere to design, construct and deliver a biogas plant with a capacity of 2,923 Nm3/h or respectively 24,000,000 Nm3/year of upgraded bio-methane including all machinery, processes and equipment necessary for the plant's complete functionality and full operation. Anaergia and Blue Sphere also have entered into a Service, Maintenance and Operation Agreement relating to Anaergia's obligations to provide certain operation, service and maintenance functions on the plant once constructed. More information about these agreements can be found in the Blue Sphere 8K that was filed on December 11, 2017.Anaergia Inc. is a global leader in offering sustainable solutions for the generation of renewable energy and the conversion of waste to resources. Through a proven portfolio of proprietary technological solutions, Anaergia maximizes the generation of renewable energy, diversion of waste from landfill and reduction of greenhouse gases for customers across the municipal, industrial, commercial and agricultural sector...