INFINIA Announces Partnership to Develop Biomass Power Systems for Developing Nations
August 13 2007 - 6:05PM
PR Newswire (US)
HOUSTON, Aug. 13 /PRNewswire-FirstCall/ -- INFINIA Corporation
("Infinia"), a portfolio company of Equus Total Return, Inc.
("Equus") announced that it has partnered with Lexington,
Massachusetts-based Emergence BioEnergy, Inc. ("EBI") to develop a
product that will serve developing nations, including their rural
communities. EBI will focus on Bangladesh and has developed a
strategy for serving low-income countries around the world. The
initial product will package Infinia's 1-kilowatt (kW) free-piston
Stirling generator with a thermal appliance and will operate on
methane gas produced by an anaerobic digester that converts
livestock manure and agricultural wastes into combustible biogas.
The product is highly versatile and can be adapted to other fuel
sources, depending on the circumstances. The EBI strategy,
conceptualized by Grameen Phone founder and EBI CEO Iqbal Quadir,
provides a platform that generates electricity on a sustainable
basis from locally available fuel sources and provides clean, high
quality heat to support additional income-generating opportunities
for local entrepreneurs. The digester produces fuel for the
Stirling engine and produces waste solids which can be used as
fertilizers and fish feed. The Stirling engine will consume biogas
from the digester and generate electricity and heat. "Infinia's
unique Stirling engine technology will enable us to provide an
efficient and reliable energy system that the farmers and villagers
can operate and maintain themselves," said EBI CEO Iqbal Quadir.
"This opportunity has the potential to positively impact more
people in more ways than virtually anything I've seen." Infinia's 1
kW Stirling engine is being used in residential combined heat and
power appliances expected to be commercialized in Asia and Europe
over the next 18 months. Mass production of the 1 kW engine will
help to ensure that the EBI product is affordable for Bangladeshi
entrepreneurs and villages. INFINIA Corporation, based in
Kennewick, WA, is a leading developer of Stirling-cycle based
products and technologies. Operating without internal combustion, a
Stirling engine utilizes a temperature differential to drive a
piston and produce electricity. Along with other Stirling based
products, INFINIA is focused on commercializing a Stirling power
system operating on concentrated solar energy for commercial and
residential users. Additional information on INFINIA may be
obtained from the INFINIA website at http://www.infiniacorp.com/.
Equus Total Return, Inc. is a business development company that
trades as a closed-end fund on the New York Stock Exchange, under
the symbol "EQS". Additional information on Equus Total Return,
Inc. may be obtained from the Equus website at
http://www.equuscap.com/. This press release may contain certain
forward-looking statements regarding future circumstances. These
forward-looking statements are based upon the Company's current
expectations and assumptions and are subject to various risks and
uncertainties that could cause actual results to differ materially
from those contemplated in such forward-looking statements
including, in particular, the risks and uncertainties described in
the Company's filings with the Securities and Exchange Commission.
Actual results, events, and performance may differ. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as to the date hereof. The Company
undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material. CONTACT: BRETT CHILES (713) 529-0900
DATASOURCE: Equus Total Return, Inc. CONTACT: Brett Chiles of Equus
Total Return, Inc., +1-713-529-0900 Web site:
http://www.equuscap.com/ http://www.infiniacorp.com/
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