HCERI's Exclusive North American & Eastern European Partner 'Very Excited'
CALGARY, April 23, 2012 /CNW/ - EmberClear Corp. (TSXV: EMB) ("EmberClear" or the "Company") today publicly recognized the efforts of the GreenGen Power Company for its successful startup this week of GreenGen - China's first near-zero emissions coal-based power plant that uses Huaneng Clean Energy Research Institute's ("HCERI") gasification technology.
On April 17th, the GreenGen team successfully operated the gasifier at the Tianjin Integrated Gasification Combined Cycle (IGCC) Power Plant. Fed with coal, the gasification operation was stable for 18 hours, reaching 60 percent of the rated capacity and 2.2MPa reaction pressure. The test was a thorough review of the gasification facility, with more than 6,000 test points being evaluated.
"As HCERI's exclusive partner, we are very excited about the successful startup at GreenGen this week," EmberClear CEO Albert Lin said. "We congratulate the GreenGen team for their success on starting the world's most efficient coal gasifier. This will allow large - and growing - coal dependent power companies around the globe to examine a working plant with this innovative technology. The significant investments over the years by the world's largest power company now appears ready to bring the tangible benefits of low-emissions, affordable power to many parts of the world. We look forward to GreenGen being fully operational, which we expect to be right around the corner."
GreenGen and EmberClear are featured in a PBS documentary - "Powering the Planet" - this episode began airing in certain markets on Sunday, April 22nd. Visit earththeoperatorsmanual.com to watch clips, see local airtimes or view it online.
EmberClear is an advanced energy development company focused on low emission energy projects around the world. EmberClear aims to accelerate the adoption of technologies enabling dramatic improvements in the efficiency and cleanliness of fossil fuel consumption. This objective is partially enabled through a license to thermal chemistry technologies developed, over the last two decades, by the 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 and is a small portion of the Valley and Ridge physiographic province of the Appalachian Highlands. EmberClear's shares are listed on the TSX Venture Exchange under the trading symbol "EMB".
For more information, please visit www.emberclear.com.
About Huaneng Clean Technology Energy Research Institute
The world-renowned Huaneng Clean Energy Research Institute (HCERI) has developed patented gasification technology being used in gasification facilities in China with large projects under construction in Inner Mongolia and Tianjin, China. It is affiliated with Huaneng Power Group (NYSE: HNP), the largest power utility in China.
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", "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 the successful performance of the IGCC technology, the performance characteristics of other plants using IGCC technology and the ability of EmberClear to license and replicate the results. 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 plant or other projects, the benefits of the GreenGen becoming fully operational, the emissions generated from an IGCC plant, the efficiency of the gasifier and the timing of the commercial operation. 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, the failure of the HCERI technology to function as anticipated, and the inability of the Company to obtain all necessary regulatory and other third party approvals to develop its Project or any other projects. 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 statement.
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.
For further information:
David G. Anderson
Tel: +1 (403) 264-8817