NANAIMO, BC, Sept. 19, 2012 /CNW/ - Starting in 2006, armed with a
business plan and an apprehension that leadership in policy change will
prevail in British Columbia. Cedar Road undertook to utilize biogas
energy that was being flared at a Nanaimo Landfill on Cedar Road. Over
the last 6 years, the company has quietly been implementing and
innovating a modular platform that produces clean renewable energy
commercially from smaller biogas host installations.
The success of our newly named Nanaimo Bioenergy Centre has resulted
from a willingness of the partners and stakeholders to embrace and
manage policy, financial and innovation risk. In 2008 the establishment
of the BC Hydro Standing Offer Program positioned Cedar Road to
complete a 1.3 MW Phase one, Biogas to electricity facility. Enabled by
long-term power purchase predictability for cashflow, a capital
investment of 3.8 million dollars was facilitated.
In 2011 began a $2.5 million dollar capital investment in Phase Two
which extends the vision to reach our stated commercial biogas
utilization objectives through new innovation and the expansion of the
mandate of the centre in collaboration.
The implementation of Phase Two is supported and made possible by
funding from British Columbia's Innovative Clean Energy Fund (ICE), of
a $1 million grant investment.
"Biogas solutions are commercially viable options for reaching renewable
energy base load production," says Paul Liddy, Managing Director of
Cedar Road Bioenergy, "facilitating this ability to innovate in
renewable energy is positioning BC as a leader in the world in biogas
utilization, Contributing to environmental, social and community
benefits for all British Columbians."
"The investment to further the Bioenergy Centre will extend this
innovative project from bioenergy capture and utilization to commercial
biogas development. We are very excited to continue to build on this
concept and to show the world that biogas capturing is a proven and
viable model for small to midsize landfill systems."
With acknowledgement and thanks to all the partners, stakeholders and
community in the Regional District of Nanaimo, an official opening and
ribbon cutting will take place on October 18th, 2012, as part of a Fall Innovation Workshop (see event notice here).
About Cedar Road Bioenergy Inc.
Owner and operator of the Nanaimo Bioenergy Centre, committed to
innovating in waste to energy bioenergy solutions. A member company of
the Suncurrent Group, a Canadian private business which has been
implementation renewable energy projects and building a better
environment in the America's since 1981. www.suncurrent.ca
SOURCE: Suncurrent Group
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