HOFSTETTER B.V. PARTNERS WITH ENER-CORE AND HOLLAND RENEWABLE ENERGY TECHNOLOGIES B.V.
Collaboration Expands Deployment of Revolutionary Waste Gas to Clean Energy Technology
February 27, 2015 (Amsterdam, The Netherlands) – Hofstetter B.V., the world’s leading specialist in flaring technology and degassing systems, announced a key partnership today that will continue to expand its solutions for companies that flare or vent waste gasses including methane.
The company signed an agreement with distributor Holland Renewable Energy Technologies B.V. to partner with Irvine, California-based Ener-Core, Inc. (OTCQB: ENCR), the world’s only provider of Power Oxidation technology and equipment that generates clean power from low-quality and waste gases from a wide variety of industries.
Hofstetter, which was established in 1975 and has installed more than 1,600 flaring systems around the world, recognized a significant market opportunity in partnering with Ener-Core given the two companies’ shared mission of helping industry comply with emission regulations.
“With this partnership, Hofstetter B.V. is in a pioneering position for energy conversion from waste gases and low fuel gases. The Ener-Core Power Oxidizer is a revolutionary technology that greatly expands our offering for customers,” Said André Schoute, Managing Director at Hofstetter B.V. “While most companies in the industry are focused on waste gas capture and destruction, Ener-Core’s unique Power Oxidation technology, combined with Hofstetter’s extensive knowledge, will arm our customers with an opportunity to drive both profit and efficiency while eliminating gaseous pollution from our atmosphere.”
“This partnership with Hofstetter, Holland-RET and Ener-Core is an important step in capturing the $65 billion waste gas to power opportunity,” said Alain Castro, CEO of Ener-Core. “Our strategy of partnering with global partners and expanding existing global footprints for our commercial and engineering teams, enables an accelerated deployment of Ener-Core’s solution across multiple industry applications and global markets. Most industries that currently flare their waste gases will soon be able to use these waste gases productively, while also significantly reducing their emissions of waste gases into the atmosphere. This is great news for our world’s air quality, and great news for the financial bottom-lines of the industries that currently emit these greenhouse gases into the atmosphere.”
Executives with Ener-Core, Hofstetter and Holland-RET estimate that the amount of waste gases that are polluted annually into the atmosphere in the form of wasted methane could be used to generate up to 65,000MW of clean energy – the equivalent of powering 65-80 million homes, while the total market size for this opportunity if approximately $75 Billion. Were these gases to be utilized as a clean fuel, industries could offset the greenhouse gas pollution of 254 million vehicles registered in the US in 2012.
ENER-CORE CHP systems are designed for Lowest Achievable Emissions Rate (LAER) for several major air pollutants: NOx, CO, VOC, PM2.5 and is able to cope with a wide range of fuels, as low as 50Btu/scf (1700kJ/m3). The system is configurable to achieve the needs of your application. Furthermore, the system uses no chemicals or catalysts for emission control and requires less fuel pre-treatment.
Hofstetter is the world’s leading specialist in flaring technology, degassing systems and gas treatment solutions .The company was established in 1975 and to date has installed more than 1,600 systems around the world.For further information about Hofstetter please visit us at www.hofstetter-uwt.com or contact by e-mail: email@example.com.
Holland-RET is agent and distributor for Ener-Core, established in The Netherlands and active in the direct sales and sales through partners of the Ener-Core technology. For information please visit www.holland-ret.com or contact us by e-mail at firstname.lastname@example.org.
Irvine, California-based Ener-Core, Inc. (OTCBB: ENCR) designs and manufactures unique systems that generate base load, clean power from polluting waste gasses including methane. Ener-Core’s patented Power Oxidizer is the only solution of its kind that turns one of the most potent pollution sources into a profitable, “always on” source of clean energy. Ener-Core’s technology offers a revolutionary alternative to the flaring (burning) of gaseous pollution while generating operating efficiencies and ensuring compliance with costly environmental regulations.
Ener-Core offers a variety of platforms including the 250kW Ener-Core Powerstation EC250 (“EC250”), and its larger counterpart, the 2MW Ener-Core Powerstation KG2-3GEF/GO.