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http://news1.equities.com/2012/11/07/678695.html

ThermoEnergy signs contract with UPA to build flameless combustion system

Comtex News Network

Nov 07, 2012 (Datamonitor via COMTEX) --ThermoEnergy Corporation, a technology company engaged in the development and sale of wastewater recovery and power generation technologies, has signed a $900,000 contract with Unity Power Alliance, or UPA, to build a flameless combustion system that will be used to test and optimize UPA's pressurized oxy-combustion technology for clean coal power generation.

The Unity Power Alliance, a joint venture between ThermoEnergy Corporation and ITEA, S.p.A., received a $1 Million Phase I award from the US Department of Energy to help fund the project under a special DOE program to advance technologies for efficient, clean coal power and carbon capture. After completion of the first phase of the program, it is anticipated that a much larger Phase II will occur, with DOE awards in the $10-20 million range applied toward the construction of a pilot scale plant.

Construction of the bench scale unit will begin in late in Q4, 2012 at ThermoEnergy's 48,000 sq ft, manufacturing facility in Worcester, Massachusetts. Fabrication and assembly is expected to be completed in Q1 2013. Testing will take place at the new Carbon Neutral Energy Solutions (CNES) laboratory at Georgia Tech, and will be based on techno-economic models provided by MIT.

"We are very proud to participate in a project that could have significant benefits for the world's energy future and carbon footprint," said ThermoEnergy Chairman and CEO, Cary Bullock. "ThermoEnergy continues to find new applications for the company's technology and expertise in the energy sector, including oil & gas hydrofracking, biogas production, and power generation."

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