Agreement will combine plasma arc gasification system with multifuel combustion system.
MPM Technologies Inc. subsidiary Carbon Cycle Power (CCP), based in Spokane Valley, Washington, has entered a joint venture (JV) agreement with Portland, Oregon-based Aurora Energy to create a waste-to-electricity process where carbonaceous waste is gasified and electricity is produced through an integrated technology solution.
The JV will facilitate the combining of CCP's existing photon-induced plasma arc gasification system with Aurora's multifuel combustion system. The two systems will convert carbonaceous waste to syngas, which will further convert to electricity.
"Combining these two unique technologies allows us to create a cutting-edge solution for waste conversion and electricity production that is unmatched," says Ryan Skinner, Carbon Cycle Investments’ (CCI's) co-founder and chief operations officer. "We are just as excited to work with a partner that shares our core value of making the world a better place for future generations."
CCI is a holding company that develops, acquires and manages businesses that stimulate social, economic and environmental sustainability. CCI, which acquired a controlling interest in MPM following a stock purchase agreement in April 2013, is also based in Spokane Valley.
Aurora designs high-efficiency, multifuel systems that it says utilize any heat source to produce clean, renewable energy. The Aurora genset can be run in a variety of configurations from bolt-on heat exchangers that can be affixed to the exhaust manifold of a diesel generator on standalone solar thermal, geothermal or multifuel gas combustion systems.
"We are pleased to be working with serious, dedicated partners like Carbon Cycle Power, and to include gasification systems to our list of applications," says Paul Peterson, chairman of Aurora. "Thanks to this partnership, a complete and reliable renewable energy solution is being introduced that will clearly benefit communities worldwide, and at a deployment cost they never thought possible."