True Green Energy Group has signed a letter of intent with Beltran Technologies Inc. for supplying, delivering, supervising and installing 20 units of its full modular standard MSW gasification systems. In the first place of this project, the company will employ 11,000 people in three most significant provinces in Philippines, TGEG green energy consortium estimates. The group is planning to expand the number to 100,000 within 18 months of first system being installed in San Fernando Pampanga city in Philippines. CJ Consortium and Pioneer shareholders have invested in the project, which originally became stockholders in TGEG and finalized the one billion euro line of credit to fund low cost housing projects and True Green Energy Group Bio Green Power facilities.
Mr. Ronald Fl
ynn, Chairman and Founded of the board at True Green Energy Group stated that their energy consortium includes firms all over the world such as CJ Consortium, True Bio Electric and other green technologies from other partners and nations such as Voga Brazil, Spectrum Blue Steel Corporation, Pacific Tech and True Green Planet. Beltran has decided that the time for fabricating, designing, building, supplying and delivering shall not exceed 4 months and installation of the system shall not exceed than a month, due to the enormity of this agreement and with so many bonds already in place by True Green Energy Group. With steel frame structure and control system, the whole system includes gas clean up system including, heat exchangers WESP, cyclone filters, pipe work, gas suction blower, instruments and syngas flare stack and gasifier reactor with ash discharge.
True Green Energy Group aims at reducing pollution through reuse of waste for creating clean green energy and clarified that Universal Recourses development acquired 25.5% of TGEG stock.
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