MEDIA RELEASE 19 August 2008
EESTECH and China's Datong Coal, sign clean coal energy agreement
EESTECH Inc. and China's Datong Coal Mine Group, based in Shanxi Province, have
signed an exclusive agreement to undertake a feasibility and project development
program that will use methane and waste coal to supply power for the mining
operations.
The program, which will be based on EESTECH's Hybrid Coalmine Gas Technology (HCGT),
uses methane and waste coal to produce clean energy.
The advantage of this process is that it not only uses waste material, but
methane gas has a global warming potential twenty one times more damaging to the
atmosphere than carbon dioxide.
The HCGT technology was originally developed by a leading Australian owned
Government research facility to demonstrate the conversion of coalmine methane
and waste coal to clean energy.
EESTECH CEO Mr Murray Bailey said that schedules for the Datong Coal project
have been developed and will commence with a comprehensive feasibility study.
"This study is required for site selection, plant sizing, determining methane
emission volumes and project costs to support the necessary commercial
agreements prior to the deployment of HCGT systems.
"EESTECH in collaboration with China's coal industry will demonstrate the
benefits of the HCGT system, becoming a leading reference site supporting the
commercial validation of waste to energy and the ability to provide
cost-effective clean energy", Mr Bailey said.
A standard 10 mega watt HCGT plant will generate clean coal energy using
ventilated coal mine methane and can produce up to 1 million carbon credits per
year in the fight against Global Warming.
EESTECH (EESH.OB), which is publicly traded on the US Bulletin Board and
operates a technical facility in Brisbane, Australia, also obtained the
Asia-Pacific rights to the HTC Purenergy Carbon Capture technology in December
2007.
The HTC technology includes the world's first pre-engineered, modular, 1000
tonne per day carbon capture system known as the "CCS Purenergy Series", which
when integrated with EESTECH's Hybrid Coal Gas Turbine (HCGT), utilises waste
coal and methane to produce the energy required for carbon capture, meaning that
the cost of carbon capture is significantly reduced.
For further information on EESTECH or its products please visit the company's
website at www.eestechinc.com.
***
Released for EESTECH Inc. by Dennis Rutzou Public Relations (www.drpr.com.au)
For further information please call Dennis Rutzou or Joanna Gitsham on +612 9413
4244 or email greatpr@drpr.com.au.
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