02/04/2008 (Cleanteach) - The program will evaluate the technical and environmental performance of the biofuel in combustion turbine applications.
Houston-based New Generation Biofuels (OTC: HTWO) said today it signed a test burn agreement with Akron, Ohio's FirstEnergy (NYSE: FE) to demonstrate its biofuel technology in utility scale power generation applications.
New Generation Biofuels, which changed its name from H2Diesel last month, said the test program would be performed early this year at FirstEnergy's Lorain, Ohio, combustion turbine facility.
"Working with New Generation Biofuels to test their biofuel product at one of our plants is a continuation of our commitment to producing electricity in an environmentally responsible manner while meeting our customers' needs," said Gary Leidich, president of FirstEnergy Generation, a FirstEnergy subsidiary.
New Generation Biofuel said the test program will include the evaluation of both technical and environmental performance characteristics of its biofuel products in combustion turbine applications.
"We're excited to be teaming with FirstEnergy to build on our recent successes as we continue to commercialize our proprietary renewable biofuel," said David Gillespie, president and CEO of New Generation Biofuels.
"We're looking forward to further validation of our biofuel in combustion turbine applications. We also look forward to successfully completing the testing program."
New Generation Biofuels said it holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from vegetable oils and animal fats.
The development stage renewable fuels provider said it plans to market its biofuel for power generation, heavy equipment, marine use and as heating fuel.