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TGEG/SBS Green Energy Power Plant Sparks Off Investors' Interests

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January 17, 2011

TGEG/SBS Green Energy Power Plant Sparks Off Investors' Interests

By Madhubanti Rudra
TMCnet Contributor

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True Green Energy Group and Spectrum Blue Steel announced that the ambitious green energy power plant at the San Fernando in Philippines is ready to take off.


In its release, the company confirmed that institutions, private equities firms and banks are ready to make investment in the project in anticipation of huge income opportunities from the Biosphere MKV5 and MRF system in San Fernando.

In the release, TGEG officials said that the Biosphere systems at the plant will be operating on municipal solid waste, industrial, commercial or agricultural waste streams to provide environmental cleanup, renewable electricity, clean water and sanitary health care. This is in keeping with the companies’ strategy of "de-carbonizing" of the electric power generation industry.

For this, the companies chose to switch to non-fossil fuel-based energy sources, especially energy-from-waste. According to American Energy Policy Act of 2005 and the Philippine Renewable Energy Law (RA 9513) of the Philippines, energy-from-waste is renewable.

The material recycling facility MRF will sort and pack plastics, glass cardboard, and aluminum, in addition to taking 5 percent of the plastics to make pellets that fuel the Biosphere gasification process that creates green electricity.

Provinces, local governments and stakeholders of TGEG/SBS are expected to earn big money because of the significant reduction in GHG emissions from the green energy system, the officials further explained. 

TGEG and Spectrum (News - Alert) Blue Steel have started the hiring process for the San Fernando TGEG/SBS Biosphere power plant. More than 300 people will be hired on its fist site, TGEG/SBS officials informed.

To date, more than 500 applications have been processed from Filipinos who want to work at the San Fernando site. This site, according to the companies, is only one of an estimated 1800 machines that could be deployed in the Republic of the Philippines.

“TGEG is the new wow factor when it comes to green energy solutions. By late February a schedule is being made for dignitaries and government officials from around the world to come view the system while it is working and producing green electricity to the grid,” the founder and CEO of TGEG Ronald Flynn noted in a statement.

Exactly a year ago, Ronald Flynn, Founder of Spectrum Blue Steel invited shareholders and partners to watch the construction process of the green energy power plat in San Fernando .

“We want our shareholders and partners to enjoy watching the construction of the material recycling facility and the Biosphere MKV system being constructed in San Fernando, Philippines. Choosing a form of video surveillance requires a lot of consideration and a familiarity with all types of security cameras and CCTV systems out there. We chose professional PC video surveillance equipment and specialized video surveillance software so anyone in the world would be able to view our progress as we build the first ever Green MRF and Biosphere Powerplant System in the Philippines,” Flynn said in a statement.


Madhubanti Rudra is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Janice McDuffee

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