Monday, January 18, 2010 6:15:27 PM
January 20th, 2010 -- Senior members of the BioCentric Management Team will be arriving in South Carolina to finalize the JV agreements with Renewed World Energies (RWE) which include:
The fulfillment of currently open in-house purchase orders.
Final Contracting agreements with RWE to build and maintain BioCentric Second Generation Closed Loop Photobioreactor systems.
Enhancement of the Harvesting Prototype (R & D version) which is anticipated for completion by the end of the month.
Completion of filing Government grant applications through the Department of Energy (DOE) who have significant funds set-aside for companies such as BioCentric for ALGAE research and development processes.
Collaborating on consolidated marketing materials for the next generation of BioCentric closed loop photobioreactors.
Projected Generation II Photobioreactor Installation timelines:
For the Generation II install at our Santa Ana Headquarters is as follows:
Ground Preparation work is already completed
Turns: Manufacturing Complete on scheduled for January, along with an
estimated delivery by the end of the January
Air Caps: 4th Generation of engineering to be completed and delivered by end of January
Tubing: In production, estimated delivery end of January
Pump: End of January
Algae Culture: Strains ordered in January
Harvest Unit: End of January
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