ABBOTSFORD, British Columbia,
Nov. 17, 2011 /PRNewswire/ -- Biomass
Secure Power Inc. (OTC:QB: "BMSPF") (the "Company") is pleased to
announce that it has reached an agreement to purchase 27 acres in
Cowichan lake, British Columbia.
This is a major milestone for the Company as the first of three
plants currently in development will see construction of the plant
completed in 2012.
About the Company
Biomass Secure Power Inc. is incorporated in the Province of
British Columbia. The Company has
designed its biomass pellets plants to produce 250,000 tonnes of
pellets per line. This allows the Company to leverage the
engineering over several plants as design and layout will be
identical. The first plant will have a Torrefication system
designed by the Company installed that will be capable of producing
50 to 80 tonnes per hour of Torrefied pellets. Once the
Torrefication system production rate is proven, the Company will
move to 100% production of Torrefied pellets.
Torrefied pellets are 30% more dense than regular wood pellets
and contain 16% more energy per kilo, are hydrophobic and therefore
not subject to deterioration during shipment or storage. Torrefied
pellets are more easily ground, which reduces the processing cost
at the utility. The new plant design will maximize the yield by
efficiently matching the volume of produced synthetic gas from the
process of Torrefication to the energy requirements of the plant.
The Company plans to apply for patents on the Intellectual
Properties it has developed. The systems and equipment being
development position the Company at the forefront of the Torrefied
Safe Harbour Statement:
This information includes certain "forward-looking statements."
The forward-looking statements reflect the beliefs, expectations,
objectives and goals of the Company management with respect to
future events and financial performance. They are based on
assumptions and estimates, which are believed reasonable at the
time such statements are made. However, actual results could differ
materially from anticipated results.
On Behalf of the Board,
BIOMASS SECURE POWER INC.
President and CEO
Contact: 604 807 4957
SOURCE Biomass Secure Power Inc.