Clenergen Corporation (CRGE OB) Signs Memorandum of Agreement With Leading Scientific Research and Development Company
The new company will be called Biomass2Biopower Private Limited (B2B)and will be focused on bio energy research and development, with a view of evaluating a variety of species of tree (Casuarinas , Eucalyptus, Luciana's, Vanashree, Acacia, Prosopis Juliflora and grasses as future potential supplies of cultivated non edible biomass feedstock's.
Tweet-- Clenergen Corporation (OTCBB: CRGE) today announced that it has signed a Memorandum of Agreement (MOA) with Enhanced Biofuels & Technologies India (P) Ltd to form a new research and development company. The new company will be called Biomass2Biopower Private Limited (B2B)and will be focused on bio energy research and development, with a view of evaluating a variety of species of tree (Casuarinas , Eucalyptus, Luciana's, Vanashree, Acacia, Prosopis Juliflora and grasses as future potential supplies of cultivated non edible biomass feedstock's. EBTI's business is the delivery of end to end solutions for biopower, designed to support all segments of the supply chain associated with the production of renewable energy, bio pesticides, bio fertilizers and other high value commodities derived from the processing of various biomass resources.
B2B has evolved a highly integrated complimentary operational profile that embraces a team of scientific and technical skills drawn from some of the world's foremost research, academic, Industrial, policy and financial sectors.
The Scientific Advisory Council headed up by Dr. W. Selvamurthy (Distinguished Scientist and Chief Controller for the Defense Research and Development Organization, Ministry of Defence, Govt of India) consisting of the following eminent scientists:
- Prof C. Surendran- Distinguished Scientist and expert in Genetics and Plant Breeding - Forestry Species
- Prof R. Jayarajan - Distinguished Scientist and Expert Microbiology and Plant Pathology
- Prof A.Gopalan - Distinguished Scientist and Expert in Genetics Plant Breeding - Grass Species
- Prof S.R. Sreerengasamy - Distinguished Scientist and Expert Genetic Engineering and Molecular Biology
- Prof V. Murugappan - Distinguished Scientist Soil Crop Management
- Dr Ponnaiah Rethinam - Agronomy and crop production - Plantation crops
- Prof T.N.Balasubramanian - Distinguished Scientist, Irrigation and Microclimate
- Prof M.K.Ayyasamy - Distinguished Scientist Statistics
- Dr KV Ahammed Bavappa - Distinguished Scientist, FAO Consultant and Expert in Plantation crop management
- Dr H.Hameed Khan - Expert Plantation crops
- Prof A. Regupathy - Distinguished Scientist Expert Entomology
- Prof D.Dharmalingam - Distinguished Scientist, Expert Seed technology
- Dr G.Sakkarai - Expert Agricultural Extension
- Dr AK Gupta - Distinguished Scientist and Expert Biofuel and Bioenergy technologies
- Prof Ilangovan Kuppuswamy - Distinguished Nanotechnology Scientist-Mexico University
- Prof Nandhi.S.Bolan - Distinguished Phytoremediation Scientist, Massey University, New Zealand
- Prof L.Kothandapan - Distinguished Process Engineering Professor, Tamilnadu University
- Prof. Udayakumar - Distinguished Bioremediation Scientist, Gandhigram University
- Professor K.Balraman - Distinguished Plant Pathology Scientist, Indian Institute of Horticulture Research
- Prof R.K. Sivanappan - Distinguished Irrigation and Water Management Scientist, Tamilnadu University)
Commenting on the new Joint Venture Company, Mark Quinn, CEO of Clenergen said "The wealth of scientific knowledge of the Scientific Advisory Council provides Clenergen the best possible plant science resources for its feedstock cultivation program, along with a variety of alternative species of tree and grass which can be adopted for specific climatic conditions. B2B will generate revenue from the sale of its bio pesticides and bio fertilizers as well as out sourcing planting materials to third parties for the purpose of cultivating biomass feedstock on behalf of Clenergen Corporation".
Doctor Ganapathy Arumugam, Managing Director & Group Science Director of EBTI said "our partnership with Clenergen allows for the commercialization of our plant science expertise in the field of genetic plant breeding, agronomy and microbiology. We can now provide a strong foundation for the production and supply of high yielding planting materials and crop based bioinputs. Together we aim to increase the productivity per unit area on a global scale for the cultivation of biomass as a non edible feedstock to be utilized as a source of renewable energy".
Notes to Editor
About Clenergen Corporation
Clenergen Corporation is a publicly listed company on the OTC stock market (symbol CRGE). Clenergen offers strategic Clean Energy Generation projects to address the requirement for renewable and sustainable supplies of electricity. Clenergen has developed a unique modular system of co-gasification and localized plantation management.
Using proprietary and mixed biomass feedstock to implement sustainable supplies of clean energy (www.clenergen.com/index.php?option=com_content&view=article&id=53&Itemid=37⟨=en) to regional, independent clients and national grids. The "Distributed Environmental Power System" marries significant proprietary advancements in plant science with proven long standing engineering technologies to achieve this goal. www.clenergen.com.
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to our ability to establish our company as one of the leading biomass energy generating companies globally.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with clean technologies; changes in the operating costs and changes in economic conditions and conditions in clean technologies. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our current and periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contacts:
Clenergen Corporation
Jessica Hatfield
Communications Director
0044 (0)207 739 0028
0044 (0)207 657 3275 (FAX)
www.clenergen.com
