RENEWABLE ENERGY - Clenergen Corporation

RENEWABLE ENERGY

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The Clenergen model will deliver a sustainable and secure supply of renewable electricity, equal to or below the cost of Coal, independent of any Government Subsidy or Carbon financing.

Comparative Analysis

Biomass provides an economical energy source in comparison to other fuels.

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Combustion Energy Costs

Biomass has become a price competitive fuel source.

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Commercial Projects

India

Clenergen India Private Limited has secured a Power Purchase Agreement with the AAA rated Power Trading Corporation of India for the generation of 80MWe of renewable electricity for a period of 15 years at an average price of 12 cents per KW hour and turnover of $87 million per annum. For stage 1 of the project (16MWe biomass power plant) Clenergen has secured 4000 acres of land to commence planting of Beema Bamboo near Tuticorin,Tamilnadu. Phase 2 (64MWe biomass power plant) will require an additional 16,000 acres of land, of which two parcels are being surveyed . Clenergen has acquired a 1.5MWe anaerobic digestive biomass power plant facility near Salem, Tamil Nadu, India, with capacity to expand up to 10MWe. Full time operations will commence first quarter 2010 and is projected to generate a turnover of $15 million per annum, increasing to $60 million 2011. Clenergen Corporation has entered into an agreement with Biomass2Biopower (QA) Limited for the supply of indigenous tree species, bio-fertilizers, and Bio-pesticides.

Guyana

Clenergen Corporation has entered into a 5,000 acre sub lease located in Guyana (South America) to cultivate Majestica and Beema Bamboo. Clenergen Corporation retains the right to sub lease an additional 145,000 acres of contiguous savannah lands located next to the river port with full barge loading facilities to export of wood chips from the port.. The cost per tonne of wood chips delivered to the port is projected be at a very competitive price for export to the UK and USA markets.

Philipinnes

Clenergen Corporation will be installing a demonstration Biomass Power plant (1-3MWe) using 200-600 acres of land held by a co-operative on a designated island in partnership with a major Power Generation Company. A similar demonstration project will be executed on behalf of a major Transmission Company. A third project will be undertaken under a partnership with one of SE Asia’s largest mining companies who will be a direct end user of the renewable electricity generated.

Ghana

Clenergen Corporation has entered into a Strategic Alliance with a leading infrastructure company to conduct a detailed feasibility study regarding the cultivation of Beema Bamboo in Ghana, for the purpose of supplying 56 MWe supply of electricity to the National Grid under a Public Private Partnership initiative. Clenergen Corporation is planning to supply directly an uninterrupted supply of renewable electricity to a major gold mining operations, while implementing a land reclamation and remediation program for the cultivation of energy crops. The government recently removed all subsidies to major end users (such as mining companies), which have resulted in the price of electricity rising from 11 cents of 22 cents per KW hour.

Sochi,Russia

Clenergen Corporation has received an unsolicited offer from the Russian Society of Biotechnologists to install a 4.5 MWe biomass power plant in Sochi, Russia in view of supply electricity to the Sochi Winter Olympics in February 2014 and be acknowledged as an official Olympic sponsor.

Southern Africa

Clenergen Corporation has entered into a Strategic Alliance with Energy Technologies (PVTY) Limited based on Johannesburg, South Africa for the purpose of installing two demonstration Biomass Power Plants located in South Africa and in the Copper Mining Belt of Zambia. Energy Technologies have been actively involved in renewable energy projects in Southern Africa for the past 4 years.