LanzaTech makes its first commercial sale
LanzaTech makes its first commercial
sale
Roselle, Illinois November 7 2011:
LanzaTech has just signed its first commercial
customer, marking a milestone in the clean energy technology
company’s global development.
The customer is Concord Enviro Systems (India) Pvt. Ltd (CES), a Mumbai-based company which has broad ranging investments in various forms of renewable energy. The company’s portfolio of waste-to-energy includes municipal solid waste (MSW) to energy at the largest contributor. Through a group company Concord Blue, a German-Indian company, it provides advanced gasification technology for syngas generation from a wide variety of waste streams.
LanzaTech chief executive Dr Jennifer Holmgren says LanzaTech has licensed its technology to CES to enable the production of both power and fuels from MSW syngas. LanzaTech’s other multiple deals throughout Asia have been joint venture deals to establish plants using LanzaTech technology and partnership arrangements to help develop the technology, or identify licensing opportunities.
“Concord Enviro Systems’ gasification units convert a variety of feedstocks including MSW and waste biomass,” Dr Holmgren says. “This collaboration will enable us to accelerate deployment of our technology utilizing waste synthesis gas streams and is central to our mission of harnessing waste streams for the production of valuable fuels and chemicals and increasing access to energy globally.”
“Coupling our technology with CES’ is an effective way to deploy small, distributed systems for producing liquid transport fuels from waste biomass or MSW. CES recognises the economics of and significant revenue potential that our technology brings.
“For LanzaTech this agreement is significant as it represents our first technology sale in a key strategic market and a very critical waste segment,” Dr Holmgren says. “It is estimated that global generation of MSW has risen 37% since 2007. With developing countries spending a significant portion of their available budget on solid waste management, using this waste as an energy source and deploying distributed MSW systems means we could have a real material impact on energy democratization.”
Mr Prayas Goel, managing director of Concord Enviro Systems (CES), says LanzaTech’s technology provides multiple, immediate opportunities in the Indian market.
“Our goal is to accelerate the deployment of this technology, with an initial demonstration plant for MSW to ethanol production,” Mr Goel says. “We are committed to delivering environmentally friendly, economically feasible and sustainable waste to energy solutions.”
Ends
About
LanzaTech:
Founded in New Zealand in 2005,
LanzaTech has developed a novel gas-liquid fermentation
process that produces fuels and chemicals from gas
resources. Backed by global investment including continuing
interest from Vinod Khosla of Khosla Ventures, LanzaTech
employs a strong technical team based in the USA, China and
New Zealand and has a rapidly growing patent portfolio.
LanzaTech's technology enables energy partnerships between
multiple industries. With agreements now in place across a
variety of sectors internationally, including steel, coal,
refining and chemicals, LanzaTech’s technology is being
scaled to commercial production.
www.lanzatech.com