HCERI's Exclusive North American & Eastern European Partner 'Very
Excited'
CALGARY, April 23, 2012 /CNW/ - EmberClear Corp. (TSXV: EMB) ("EmberClear" or the "Company") today publicly recognized
the efforts of the GreenGen Power Company for its successful startup
this week of GreenGen - China's first near-zero emissions coal-based
power plant that uses Huaneng Clean Energy Research Institute's
("HCERI") gasification technology.
On April 17th, the GreenGen team successfully operated the gasifier at the TianjinIntegrated Gasification Combined Cycle (IGCC) Power Plant. Fed with coal, the gasification operation was stable for
18 hours, reaching 60 percent of the rated capacity and 2.2MPa reaction
pressure. The test was a thorough review of the gasification facility,
with more than 6,000 test points being evaluated.
"As HCERI's exclusive partner, we are very excited about the successful
startup at GreenGen this week," EmberClear CEO Albert Lin said. "We
congratulate the GreenGen team for their success on starting the
world's most efficient coal gasifier. This will allow large - and
growing - coal dependent power companies around the globe to examine a
working plant with this innovative technology. The significant
investments over the years by the world's largest power company now
appears ready to bring the tangible benefits of low-emissions,
affordable power to many parts of the world. We look forward to
GreenGen being fully operational, which we expect to be right around
the corner."
GreenGen and EmberClear are featured in a PBS documentary - "Powering the Planet" - this episode began airing in certain markets
on Sunday, April 22nd. Visit earththeoperatorsmanual.com to watch clips, see local airtimes or view it online.
About EmberClear
EmberClear is an advanced energy development company focused on low
emission energy projects around the world. EmberClear aims to
accelerate the adoption of technologies enabling dramatic improvements
in the efficiency and cleanliness of fossil fuel consumption. This
objective is partially enabled through a license to thermal chemistry
technologies developed, over the last two decades, by the Huaneng Clean
Energy Research Institute (HCERI), a subsidiary of the world's largest
power company Huaneng Power Group of China. EmberClear also holds
surface and mineral rights in Schuylkill County, Pennsylvania. This
property lies in the Southern Anthracite coalfield of eastern
Pennsylvania, USA and is a small portion of the Valley and Ridge
physiographic province of the Appalachian Highlands. EmberClear's
shares are listed on the TSX Venture Exchange under the trading symbol
"EMB".
For more information, please visit www.emberclear.com.
About Huaneng Clean Technology Energy Research Institute
The world-renowned Huaneng Clean Energy Research Institute (HCERI) has
developed patented gasification technology being used in gasification
facilities in China with large projects under construction in Inner
Mongolia and Tianjin, China. It is affiliated with Huaneng Power Group
(NYSE: HNP), the largest power utility in China.
Forward-Looking Statement Disclaimer
Certain statements contained in this document constitute forward-looking
statements or information (collectively "forward-looking statements")
within the meaning of applicable securities legislation.
Forward-looking statements are typically identified by words such as
"anticipate", "continue", "estimate", "expect", "forecast", "may",
"will", "project", "could", "plan", "intend", "should", "believe",
"outlook", "potential", "target", "seek", "budget", "predict", "might"
and similar words suggesting future events or future performance. All
statements other than statements of historical fact may be
forward-looking statements. In particular, this document contains
forward-looking statements pertaining to, without limitation, the
following: statements about the successful performance of the IGCC
technology, the performance characteristics of other plants using IGCC
technology and the ability of EmberClear to license and replicate the
results. With respect to forward-looking statements contained in this
document, we have made assumptions regarding, among other things, the
following: the economic viability of a plant or other projects, the
benefits of the GreenGen becoming fully operational, the emissions
generated from an IGCC plant, the efficiency of the gasifier and the
timing of the commercial operation. Although we believe that the
expectations reflected in the forward-looking statements contained in
this document, and the assumptions on which such forward-looking
statements are made, are reasonable, there can be no assurance that
such expectations will prove to be correct. Readers are cautioned not
to place undue reliance on forward-looking statements included in this
document, as there can be no assurance that the plans, intentions or
expectations upon which the forward-looking statements are based will
occur. By their nature, forward-looking statements involve numerous
assumptions, known and unknown risks and uncertainties that contribute
to the possibility that the predictions, forecasts, projections and
other forward-looking statements will not occur, which may cause our
actual performance and financial results in future periods to differ
materially from any estimates or projections of future performance or
results expressed or implied by such forward-looking statements. These
risks and uncertainties include, among other things, the following: the
possibility that EmberClear will not have the financial or other
resources to develop, construct or operate such plant or other project,
the failure of the HCERI technology to function as anticipated, and the
inability of the Company to obtain all necessary regulatory and other
third party approvals to develop its Project or any other projects.
Readers are cautioned that this list of risk factors should not be
construed as exhaustive. The forward-looking statements contained in
this document speak only as of the date of this document. Except as
expressly required by applicable securities laws, we do not undertake
any obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. The forward-looking statements contained in this document
are expressly qualified by this cautionary statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
<p> </p> <p> <b>David G. Anderson</b><br/> CFO<br/> Tel: +1 (403) 264-8817 </p>