Universal Energy and Services Group, a Tree Top Industries Inc subsidiary, has joined together with Ekoplaz Inc, a subsidiary of TGI Solar Power Group, to sign a Letter of Intent (LOI). The purpose of the LOI is to review the potential synergies, both domestically and internationally, of waste-to-energy technologies.
Tree Top subsidiaries and affiliates generally specialize in clean-tech energy, bio-energy and green energy solutions. The company is an early stage company that is animating its subsidiaries and affiliates concurrently, as it acquires companies in various development stages.
Kathy Griffin, President of Tree Top, commented, "Our joint efforts will be between Tree Tops' Universal Energy and Services Group, which includes BioEnergy Applied Technologies and TGI Solar Power Group's Ekoplaz project. Both companies possess waste destruction technologies that use a chemical reaction to facilitate the waste destruction instead of incineration, resulting in a drastically reduced carbon footprint, with clean reusable energy produced as a by-product of the process."
TGI Solar Power Group Inc is a supplier of solar and other alternative energy products and solutions. The firm offers facility and process design and integration information to accompany its equipment. The company supplies its products and services to clients all over the world. It is currently maintaining JVs in Hong Kong and a subsidiary in Italy with solar installation, integration and energy consulting firms. In the earlier part of this year, TGI signed a licensing agreement with Ekoplaz—a Ukraine based research group, which developed their waste destruction technology.
Henry Val, CEO of TGI, added, "We are keen on exploring the synergies of both technologies to successfully compete in the waste-to-energy market, and to help reduce the carbon footprint produced by the more standard methods in waste destruction that are prevalent today."
Universal Energy and Services Group signs an LOI with Ekoplaz Inc to review global synergies for waste to energy technologies
Andrea Marino | Fri Aug 13, 2010
