Clean Energy Technologies, Inc. (CETY) signed a $10 million engineering, procurement, and construction contract with Vermont Renewable Gas, LLC. for their proposed biogas-to-power facility in Lyndonville, Vermont. The facility is anticipated to be fully commissioned within 12 months and deliver over 14,600 MWh of renewable electricity and 1,500 tons of Biochar annually.
CETY will lead the design, construction, and operation of the facility, and its HTAP Biomass Reactor, a high temperature ablative pyrolysis reactor that transforms waste into renewable electrical power, will be at the center of the project. The facility will convert locally sourced low-grade, woody fibers into biogas and Biochar fertilizer. The renewable fuel gas produced from this process will be harnessed to generate sustainable electricity and heat.
“The Lyndonville project is the first of many anticipated renewable biomass projects and is expected to serve as a model for developing new project opportunities to capture market share in this highly profitable and growing industry,” said Kam Mahdi, CETY CEO. “We hope that this project will catalyze additional project opportunities in the areas of renewable electricity and low-carbon fuels while realizing new revenue in engineering and clean energy equipment sales.”
The project builds on the increase in incentives for investment in clean energy solutions for commercial and industrial users and municipalities. It also aligns with the benefits introduced by the 2022 Inflation Reduction Act and supports CETY’s mission of providing a vertically integrated and scalable platform for clean energy across various global markets.
The biomass project will also benefit CETY’s ORC business by providing the opportunity to deliver Heat Recovery Solutions, which could lead to a 15% increase in energy value for current projects and provide a path forward for future projects.