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Re: PENNIEStoSTACKS post# 34932

Thursday, 01/29/2015 7:53:01 PM

Thursday, January 29, 2015 7:53:01 PM

Post# of 48084
TMEN has Fortune 500 Companies as customers. 

www.thermoenergy.com 
24 employees & growing 
*they had recent job postings 


>>> 135M OS - 90M float 

INSIDER OWNERSHIP: 44% 
*Insiders were buying @.06-.10 per share in 2012-2013 

LARGEST INVESTORS: 
Guggenheim Partners 
Rober Trump (Donald Trump's brother) 
Quecerus Trust 

INSTITUTIONAL OWNERSHIP: 
http://data.cnbc.com/quotes/tmen/tab/8


ThermoEnergy (TMEN) has a JV with I.T.E.A. to commercialize a CLEAN COAL TECHNOLOGY; DOE grants for PHASE II are$10-$20M; $65BILLION MARKET; http://www.prnewswire.com/news-releases/thermoenergy-and-itea-spa-announce-plan-to-accelerate-development-of-clean-coal-power-plants-in-the-united-states-159026755.html ;

;

http://wvutoday.wvu.edu/n/2014/05/15/wvu-taps-former-energy-department-official-to-lead-u-s-china-clean-energy-research-center ;


Mass High Tech Mass High Tech ThermoEnergy, ITEA to share clean coal tech patents: 

ThermoEnergy Corp. (OTCBB: TMEN), a Worcester-based maker of sustainable technologies for wastewater recovery and clean energy production, said it has entered into a patent and royalty sharing agreement with ITEA SpA of Gallarate, Italy, on clean coal technology. 

The companies plan to work together to promote, finance, design and construct a 50-megawatt pilot plant and a 320-megawatt commercial facility in the United States using a clean coal technology called pressurized oxy-combustion, according to ThermoEnergy. They will combine ThermoEnergy’s high-pressure patents with ITEA’s lower pressure patents to get broader market coverage. The clean coal technology will be developed and marketed by Unity Power Alliance LLC, a joint venture between ITEA and ThermoEnergy. 

The first goal of the collaboration is to secure funding for a 50-megawatt pilot plant that is a proof-of-concept, then to find a U.S. site to host that plant as well as a future 320-megawatt plant. The company is talking to the Italian government, an Italian energy utility, the U.S. Department of Energy, and others about possible funding. The 50-megawatt plant is expected to cost around $50 million, and raising money for it is an immediate goal for ThermoEnergy, said Robert Marrs, vice president of business development for ThermoEnergy and managing director of Unity Power Alliance. 

“Each successful commercial plant could generate between $5 million and $20 million per year in license revenue,” Marrs said. After the pilot and commercial plants are complete, the companies will focus on selling the system to the 70-plus U.S. plants at risk for closure by new Environmental Protection Agency emissions rulings. 

The goal of the collaboration is to accelerate the development of coal-fired, emissions-free electricity generation, according to ThermoEnergy.The technology can be retrofitted to existing coal plants to help avoid shut-downs and job losses, etc. 

Typical existing coal plants burn coal in air at normal atmospheric pressure. The advance in the ThermoEnergy and ITEA technologies, ThermoEnergy said, is burning the fuel in high-pressure oxygen instead of in regular air. It said the coal burns more cleanly and efficiently, producing more electricity for a given amount of fuel. 

The company said the high pressure makes it possible to condense—or turn into liquid—the gasses that are normally emitted through the smokestack so that almost all pollutants, such as mercury and carbon dioxide, can be captured and safely disposed of, sequestered or recycled. The extracted water also can be recycled. Experts say pressurized oxy-combustion holds promise, but it is not yet clear what the optimal pressure will be for commercial plants, according to ThermoEnergy.

ThermoEnergy holds patents for very high pressure systems, while ITEA has patents on approaches that use somewhat lower pressures.ITEA already runs a 5-megawatt thermal energyplant in Italy that is testing a variety of fuels and a 15-megawatt commercial plant in Singapore. 

Unity Power Alliance plans to start building the 50-megawatt pressurized oxy-combustion power plant next year in the United States, with the 320-megawatt commercial power plant to follow. 






***Daily Revelation$***

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