CFS advances Indonesian project to facility design stage
Thursday, April 25 2013 - 02:55 AM WIB
Canada-based clean energy technology firm Carbon Friendly Solutions Inc (CFS) said that MicroCoal Inc has successfully tested two shipments of coal from PT Kalimantan Powerindo Power Plant Industries in Indonesia at the MCI pilot facility outside Denver, Colorado.
The company said in a statement received Thursday that this testing is part of the binding Letter of Intent previously announced on December 17, 2012, MCI has tested the Indonesian Coal to determine the optimal processing and design of the MicroCoal(tm) facility to be constructed this year.
"I am excited with the progress our team has made towards the establishment of a MicroCoal commercial plant in Asia. Conclusion of testing of the coal samples brings this project to the design phase for the first Indonesian MicroCoal plant," said Slawek Smulewicz, CEO and Director of CFS.
Carbon Friendly Solutions Inc., through its subsidiaries, is focused on the development of energy efficiency technology, renewable energy, and reforestation projects that have the potential to generate significant revenue.
MicroCoal Inc. has an internationally patented technology that is expected to improve coal-fired utilities' economic performance by reducing input costs, improving operations and simultaneously reducing their environmental footprint. Global CO2 Reduction generates Carbon Offsets from forestry projects that may be transacted through international voluntary markets. Carbiopel S.A. aggregates biomass supply and produces biomass fuel pellets for the European market, including large European utilities and independent renewable energy providers, in line with EU renewable energy directives.
Editing by Reiner Simanjuntak