Nexterra receives $7.7M funding for commercialization of high efficiency biomass power system



    VANCOUVER, Aug. 31 /CNW/ - Nexterra Systems Corp. (www.nexterra.ca) a
leading supplier of advanced biomass gasification systems announced today it
has received $7.7M in funding from the BC Bioenergy Network (BCBN),
Sustainable Development Technology Canada (SDTC), the National Research
Council Canada Industrial Research Assistance Program (NRC-IRAP), and Ethanol
BC.
    This funding will be used to support Nexterra's recently announced
program to commercialize a new high efficiency biomass power system in
collaboration with GE Jenbacher and GE Energy. This advanced combined heat and
power (CHP) system involves direct-firing syngas from Nexterra's biomass
gasification technology into GE's Ecomagination-certified Jenbacher internal
combustion engines. Pilot testing of the new CHP system will begin on schedule
before the end of 2009. A first commercial demonstration project is expected
to begin in early 2010.
    "We are very grateful to these organizations for their continued
commitment to Nexterra and for clean technology innovation in B.C. and across
Canada," said Jonathan Rhone, President and CEO of Nexterra. "Building a
strong domestic clean energy industry is critically important to position our
economy for recovery and to capitalize on rapidly growing clean energy markets
worldwide. We look forward for continued collaboration with our funding
partners to ensure Nexterra's energy solutions meet the highest standards for
biomass heat and power applications."
    The BCBN portion of this funding follows the memorandum of understanding
between BCBN and SDTC announced on Jan. 29, 2009. The SDTC funding was part of
the organization's thirteenth funding round, approved by the Board of
Directors in November 2008. Under the terms of the agreement, BCBN and SDTC
have agreed to work in partnership to identify high caliber projects within
the B.C. bioenergy sector with the goal of increasing the number of investment
opportunities. SDTC is an arm's-length, not-for-profit corporation created by
the Government of Canada, which operates two funds aimed at the development
and demonstration of innovative clean technology solutions.

    About Nexterra Systems Corp. - Nexterra is a leading supplier of biomass
gasification solutions that generate heat and power inside-the-fence for
customers at institutional and industrial facilities. Nexterra's first
generation gasification solutions are fully proven for displacing natural gas.
Sales to date include projects at the University of South Carolina, Dockside
Green, the US Department of Energy's Oak Ridge National Lab, Kruger Products
and Tolko Industries. Nexterra is actively commercializing new applications
for generating electricity with General Electric and to produce renewable
energy at wastewater treatment facilities with Andritz. Nexterra is a private
company based in Vancouver, BC, Canada. For more information: www.nexterra.ca





For further information:

For further information: Nexterra Systems Corp., Lori Aizer Bryenton,
Director of Communications, Tel: (604) 637-2507, Email: laizer@nexterra.ca

Organization Profile

Nexterra Systems Corp.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890