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Thursday, January 12, 2012 2:57:25 PM
PAISLEY, Fla.--(BUSINESS WIRE)-- Turbine Truck Engines, Inc. (TTE) (OTCBB: TTEG.OB - News), announced today that they are entering into a joint venture with Energy Technology Services Co., Ltd Taiwan (ETS) located at 1F, No. 21, Ln.21, Najing East Road Section 2, ZhongShan District, Taipei, Taiwan. The venture is to jointly develop and market Hydrogen Energy businesses by implementing the Hydrogen Generator developed by Hydrogen Union Energy, a subsidiary of ETS. The Venture will start with businesses in China & Taiwan first, then the USA and the rest of the world.
The Hydrogen Generator produces hydrogen from methanol using a gas reformation process employing a chemical catalyst. The hydrogen generator can be used in residential and commercial applications as well as industrial boilers and steam generators. The efficiency of the hydrogen generator could save the end user 30-60% on their energy costs as compared to using electricity, or heavy oils. The hydrogen generator also eliminates the need for high pressure storage tanks as it generates the hydrogen on demand. The hydrogen generator eliminates all emissions except for food grade carbon dioxide which could be captured and sold to the food and beverage industry.
To see a video of the 200 m3/hr hydrogen generator: http://energyservice.com.tw/?200n%E3%8E%A5-h-%E7%87%83%E7%87%92%E5%BD%B1%E7%89%87,44
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