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WORK EXPERIENCE
Employer:
AgriPower, Inc.
Position:
CEO
Description:
AgriPower, Inc. is a Delaware coporation formed in 2004 to commercially exploit its unique, patented and technically superior waste to energy ("W2E") and combined heat and power ("CHP") technology. The technology is contained in modular, transportable, 300kW/hr mini turbine units (the "Units"). The Units were designed to be transported to, and use for fuel, a wide variety of abundant, renewable and virtually free or low cost wood and agricultural waste materials (i.e., "Biomass") to produce electricity, Co-Generation and Thermal Energy in an environmentally friendly manner. More than $5,000,000 was spent in completing development of the technology. The Unit has been certified by an independent engineering company to cleanly generate at least 300kW/hr. A $100 million line of credit with a well known international bank is being finalized that will enable AgriPower to create a recurring revenue model by leasing its Units to its customers on a long term (10 years) "profit sharing" basis. Demonstrations to numerous customeres are scheduled for early November, 2008. Pre-orders for the hundreds of Units representing several hundred million dollars have been obtained fron entities such as the Department of the Army, the Departmen of Energy, Kimberly-Clark and Waste Management, Inc. Delivery of the initial Units is scheduled for Q4 2009. A rapid ramp-up of production is already planned for 2010.
AgriPower produces a transportable, modular, waste to energy (“W2E”), electric generator (300kW/hr) Unit that runs on free or inexpensive biomass (e.g., wood waste, sawdust, cardboard, paper and crop waste, etc.).
