July 26, 2007 12:19 ET
W2 Energy Inc. to Develop Reactor Capable of Being Powered by Solar Energy
NEW YORK, NY--(Marketwire - July 26, 2007) - W2 Energy Inc. (PINKSHEETS: WWEN) (FRANFURT: WJD), a developer of Green Energy, is pleased to announce that it will
begin development to modify its non-thermal plasma reactor technology to be
powered by solar energy.
Mr. Michael McLaren, CEO, states, "We believe that this technology could be
the first of its kind in the gasification field. The units will be
smaller, transportable reactors for use in remote or off-grid situations.
The product will be developed in partnership with solar power companies
with experience with applications ranging from 10-20 kilowatts. The
company is presently in negotiations with several companies at the moment
that fit these criteria."
The project was approved by the officers of the company as it required very
little change to our current reactor technology and would allow the company
to access a large market that was currently without competition without
defocusing the company from current projects.
Because of the manner in which the W2 Energy non-thermal plasma technology
works it is possible to run the reactor from alternate power sources like
solar or wind. The plasma is relatively low power and acts as a catalyst
using the energy stored in the feedstock to assist in the gasification
process.
Mr. Michael McLaren states, "By being able to power our reactor technology
from alternate sources like solar, wind and small hydro, the product opens
itself up to enormous possibilities in the oil field as well as remote
areas where gridline power is just not available. Stranded natural gas
wells and stranded coal bed methane deposits would now be converted to
liquid fuels without using a significant portion of your product to power
the system thus increasing efficiencies and creating a lower cost fuel from
these types of resources."
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