Pennsylvania Power Plant Will Create 500 New Jobs and Add $1 billion to
CALGARY, Sept. 19, 2012 /CNW/ - EmberClear Corp. (TSXV: EMB)
("EmberClear") is pleased to announce selection of SK E&C USA for
Engineering, Procurement & Construction ("EPC") for the 300 MW Good
Spring Natural Gas Combined Cycle ("Good Spring NGCC") power plant in
During construction, the Good Spring NGCC power project will employ
approximately 500 workers for two years culminating in dozens of full
time positions for plant operations. The economic impact to the
surrounding area is expected to be more than $1 billion over 15 years.
The Natural Gas Combined Cycle power plant will use the latest turbine
technology for efficient operations to supply enough electricity for
approximately 300,000 households.
Jim Palumbo, President of Future Power Pennsylvania Inc. ("FPPI"), a
wholly owned subsidiary of EmberClear, reports the Good Spring NGCC
project is on schedule to commission in 2015. The project is expected
to break ground in 2013.
"We expect the U.S. natural gas-based power market to rapidly expand
over the next decade, especially in the Marcellus Shale geography where
Good Spring NGCC is situated. SK E & C has been adding jobs in the
U.S. in response and preparation for this opportunity," said Keith
Clause, Chief Executive Officer, SK E&C USA.
Frank Zukas, President of the Schuylkill Economic Development
Corporation ("SEDCO") in eastern Pennsylvania, believes the Good Spring
plant will be a great addition to the region for many reasons.
"This assures affordable power and cleaner air for the future. Also,
the new wave of gas power plants supports a healthier and more
sustainable job market opportunity for the Commonwealth," Zukas said.
"Projects of this nature require the scale and experience of an
engineering, procurement and construction company such as SK E&C USA in
order to bring all the other requisite parties to finance, contract,
and perform the construction of this great asset," explained Albert
Lin, CEO of EmberClear. "We look forward to further progress in
maximizing this region of the USA's natural gas abundance, skilled
workers, and demand for low-emissions power."
About SK E&C
Since its founding in 1977, SK E&C has continuously pursued stability
and growth based on its top-notch technical expertise and outstanding
management capabilities in various areas of construction including
national infrastructure, housing, plants, eco-friendly incinerators and
nuclear power plants, as well as its U-business that includes wireless
mobile communication equipment. Through the years SK E&C has been
evolving and developing to create "Build the Great: Great Life, Great
World." For more information please visit www.skec.com.
SEDCO is a community-based, private, not-for-profit organization with 60
years of experience in assisting companies to locate or expand their
operations here. Schuylkill County offers more than 38 miles of
frontage along the Interstate 81 corridor as well as very close
proximity to east / west connections via Interstates 80 and 78.
SEDCO presently manages 12 industrial sites representing over $1 billion in
capital investment. We have extensive experience with project
financing, site search and tour services, and facility / park
construction and management. We have developed effective partnerships
with industry and state and local government and have close working
relationships with education and training service providers to assure
qualified employment candidates for your business.
Web site www.sed-co.com
EmberClear is an energy developer focused on low emission commercial
scale projects around the world. Developing facilities using coal or
natural gas as inputs to create electricity or transportation fuels
characterizes our plants. We utilize our proven expertise in
permitting, site-control, and engineering feasibility to leverage our
other assets including a license on IP, control systems, and equipment
procurement from Huaneng Clean Energy Research Institute (HCERI, a
subsidiary of the world's largest power company, Huaneng Power Group of
China). EmberClear also holds surface and mineral rights in Schuylkill
County, Pennsylvania. This property lies in the Southern Anthracite
coalfield of eastern Pennsylvania, USA. Mineral rights held by the
company include Anthracite/PCI coal suitable for the metallurgical
industry. EmberClear's shares are listed on the TSX Venture Exchange
under the trading symbol "EMB".
For more information please visit www.emberclear.com.
Forward-Looking Statement Disclaimer
Certain statements contained in this document constitute forward-looking
statements or information (collectively "forward-looking statements")
within the meaning of applicable securities legislation.
Forward-looking statements are typically identified by words such as
"anticipate", "continue", "estimate", "expect", "forecast", "may",
"will", "project", "could", "plan", "intend", "should", "believe",
"outlook", "potential", "target", "seek", "budget", "predict", "bring",
"might" and similar words suggesting future events or future
performance. All statements other than statements of historical fact
may be forward-looking statements. In particular, this document
contains forward-looking statements pertaining to, without limitation,
the following: statements about our intention and ability to construct
and operate a NGCC plant or other energy project on the property which
would economically create power from natural gas. With respect to
forward-looking statements contained in this document, we have made
assumptions regarding, among other things, the following: the economic
viability of a NGCC plant or other project, the emissions generated
from a NGCC plant, contracting completion and fulfillment, construction
date, commission date, jobs to be generated, natural gas supply, market
expansion, construction rates, and energy needs. Although we believe
that the expectations reflected in the forward-looking statements
contained in this document, and the assumptions on which such
forward-looking statements are made, are reasonable, there can be no
assurance that such expectations will prove to be correct. Readers are
cautioned not to place undue reliance on forward-looking statements
included in this document, as there can be no assurance that the plans,
intentions or expectations upon which the forward-looking statements
are based will occur. By their nature, forward-looking statements
involve numerous assumptions, known and unknown risks and uncertainties
that contribute to the possibility that the predictions, forecasts,
projections and other forward-looking statements will not occur, which
may cause our actual performance and financial results in future
periods to differ materially from any estimates or projections of
future performance or results expressed or implied by such
forward-looking statements. These risks and uncertainties include,
among other things, the following: the possibility that EmberClear will
not have the financial or other resources to develop, construct or
operate such plant or other project. Readers are cautioned that this
list of risk factors should not be construed as exhaustive. The
forward-looking statements contained in this document speak only as of
the date of this document. Except as expressly required by applicable
securities laws, we do not undertake any obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this cautionary
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
© 2012 EmberClear Corp. All rights reserved.
All other trademarks are the property of their respective owners.
SOURCE: EmberClear Corp.
For further information:
David G. Anderson
Tel: +1 (403) 264-8817