Biomass

Green Energy Resources, Inc. (GRGR) announced plans for expansion. The company plans to sell upwards of 50 million tons of wood biomass to the utility industry for cofiring. Cofiring is an environmentally friendly application of mixing wood biomass with coal to reduce harmful green house gases. Coal powered generation accounts for 51 % of American electric power. The potential market is in excess of 250 million tons annually and valued over $12 billion dollars. The Federal EPA Air rules effective last month,favor cofiring as the most viable and cost effective option for the utility industry. The company plans to...

Intrepid Technology and Resources, Inc. (IESV) has determined that due to recent positive developments related to new financing options and better than predicted gas production rates being experienced at the Company's operating Whitesides facility, expansion of the previously announced WestPoint Dairy Project now will include a commercial pipeline. The WestPoint Dairy, on which ground breaking will begin this spring, is ITR's second commercial biogas production facility and is the "anchor" dairy for the much larger Westside Project planned for the Wendell, Idaho area.

Green Energy Resources, Inc. (GRGR) met coal producers to discuss cofiring and development of premixed fuels. Cofiring is an environmentally friendly application of mixing wood biomass with coal, to reduce harmful green house emissions. Biomass is the 4th largest energy source in the world, with potential application in 65% of the US and world power generation markets. Retrofitting existing coal burning power plants (for cofiring) would elevate biomass into the top three energy sources in the world. Barrons featured Green Energy Resources in this weeks edition, reporting its 1st qtr profit and forecasts for growth in 2005. ...

Green Energy Resources, Inc. (GRGR) announced it has met with Chinese government ministers to discuss Renewable Energy. Negotiations were led by Mr. Andrew Tong of Green Energy Resources China office. China enacted a new Renewable Energy law in March, and signed the international Kyoto Treaty. Discussions center on a 10 year, 250 million ton deal to deliver wood biomass for Co-firing to China. Green Energy Resources would buy 10 woodchip ships built and manufactured in China valued around $350 million dollars, and provide shipping lease back options to the Chinese government in the future.