In an interesting development, EESTech, Inc. today announced the acquisition of a leading carbon capture and storage technology from Canadian company, HTC Purenergy. The technology can be applied to EESTech's biomass capable Hybrid Coal Gas Turbine (HCGT) technology, which means carbon-negative bioenergy - the most radical climate friendly form of energy - has come one step closer.
The acquisition is structured around a share swap, with EESTech acquiring 100% of the shares in CO2 Technologies Pty Ltd, a wholly owned subsidiary of HTC Purenergy, giving EESTech the exclusive rights to commercialise the CCS technology in China, India, Japan, Australia, New Zealand, Malaysia, Indonesia, Brunei, Thailand, the Philippines and Singapore....MORE
Friday, December 7, 2007
World's cleanest energy one step closer: EESTech acquires CCS technology that can be applied to biomass