BrevardBioDiesel Blog

There is some actual good that will come out of the devastation of Hurricane Ike. This story from Greentech Media says Biofuels Power Corp. has announced plans to build a 4-megawatt power plant the will produce electricity from the woodchips and other debris from the storm: The Woodlands, Texas-based company, traded over the counter using the symbol “BFLS,” on Friday signed a preliminary agreement with a wood-waste storage operator, DSMC, and with a consulting firm, Texoga Technologies Corp., that will retrofit abandoned oil wells for carbon-dioxide storage. Biofuels Power and DSMC will each hold a 30 percent equity stake in the project, while Texoga will get 10 percent.
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Victor
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