 |
 |
|
Newsroom - Clients - GRGR
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Green Energy Resources Inc
Woodchips for Energy, Ethanol and Clean Coal; Green Energy Resources "The Company That Can" Meet the "Biorefinery Initiative" and Develop Waste Wood Strategy
NEW YORK, NY--(MARKET WIRE)--Jan 24, 2007 -- Green Energy Resources (Other OTC:GRGR.PK - News) Bush's State of the Union Address launched the "Biorefinery Initiative" to develop energy from woodchips with $150 million dollars in 2007, a $59 million dollar increase over the 2006 budget. The plan calls for cellulostic ethanol (ethanol from wood) to be competitive by 2012. Green Energy Resources is and has been positioning to capture a large market share in the United States for over two years. Green Energy Resources has developed the UTCS software system designed to track, inventory and environmentally certify the largest volumes of waste wood in America. The software makes available to industry millions of tons of wood without ever cutting a tree. The UTCS Software allows power plants to be constructed or converted closer to low cost, cheap and reliable supplies using waste wood sources. The revolutionary design is available in the market place currently at www.utcs.com. Green Energy Resources has already signed a contract to supply an ethanol plant in the Mid-Atlantic states beginning in 2008.
Green Energy Resources with its partners is establishing the first biorefinery terminal in the United States. The plant should be operational within the next 90 days. The terminal is located in the Gulf of Mexico centered in the heart of the US energy industry.
Woodchips and wood fiber can be used as an interim step in Bush's Clean Coal Technology at virtually no cost. Co-firing is the environmentally friendly process of mixing wood fiber with coal to reduce green house gases and carbon emissions. Green Energy Resources has been working to develop 'ECO-GREEN COAL.' Eco-green coal is wood biomass adhered directly to coal to make co-firing transportable in ships and trains.
About Green Energy
Green Energy Resources is global supplier of wood biomass and wood fiber to the power utility industry. It is the only US supplier to utilize the UTCS Environmental certification system and is 100% Kyoto compliant. Green Energy Resources obtains its supplies from waste wood sources, such as landfills and hurricane storm damage. Biomass is the only renewable energy that can be stored with reserves. The company has contract sales for 2007 in excess of $40 million dollars. GER was the first company to export wood fiber fuels for renewable energy from the United States, beginning in 2003.
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Green Energy Resources
Joseph Murray
(631) 375-7921
joe.murray@greenenergyresources.com
http://www.greenenergyresources.com
Worldwide Financial Marketing, Inc. USA
Investor Relations
Int'l: 1 (954) 360-9998
Info@wwfinancial.com
http://www.wwfinancial.com
|
|
|
|
|
Top of Page |
E-mail This Page |
Back to Newsroom
|
|
|
 |
| |
 |
|
|
About Green Energy Resources, Inc.
Green Energy Resources, Inc. is dedicated to becoming a leading
supplier of reliable, low cost, high quality wood fiber fuels (biomass).
Biomass, which is essentially organic matter that can be converted to
energy, is the fourth leading source of energy in the United States
(behind oil, natural gas and coal), and is currently providing about 2
percent of all energy used in this country. This is expected to grow to
over 10% by the end of this decade.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
|
|
|
 |
What Our Visitors Say . . .
"The website was very informative...easy to navigate, and I enjoyed the colors used to create the site; not blaring at you with Red, Yellow." - Marshall J., Investment Professional
|
