NEW YORK, November 21, 2016 /PRNewswire/ --
http://www.Financialbuzz.com - After the recent elections, one
area of interest in the economy is the renewable energy market.
Whether or not the concerns will materialize remains to be seen,
but current market conditions are on the side of alternative energy
sources. According to the Institute for Energy Research about 9.9
percent of all energy consumed in the
United States in 2015 was from renewable sources, and they
account for about 13.4 percent of the nation's total electricity
production. Vega Biofuels Inc. (OTC: VGPR), Gevo Inc. (NASDAQ:
GEVO), Madalena Energy (OTC: MDLNF), Sauer Energy Inc. (OTC: SENY),
Lithium Corporation (OTC: LTUM).
Several factors contribute to the growth of the renewable energy
market - innovation, falling costs and major operation expansion in
emerging economies are all factors that are expected to contribute
for major growth. According to a research conducted by the
International Energy Agency, the share of renewable energy in
global power generation will increase to over 26% by 2020, from 22%
in 2013. Renewable energy is a diverse industry and includes
companies that focus on, biofuels, solar energy, wind power, wave
power, hydropower and more.
Vega Biofuels Inc. (OTC: VGPR) states that it is a
renewable energy company focused on the production and sale of
biofuel products throughout the world. The Company markets two
products, Bio-coal and a soil enhancement called Biochar. Bio-coal
is produced using technology called torrefaction. Torrefaction is a
partial carbonization process at temperatures between 475 - 575°F
in a low oxygen environment. The torrefaction process eliminates
undesirable volatiles, such as nitrous oxides and sulfur dioxides
in the Bio-coal, which is carbon neutral to the environment.
On November 17th Vega Biofuels
Inc. announced that it has filed a Provisional Patent Application
for its generation four (G4) torrefaction machine. Vega recently announced that its G/4
torrefaction machine increases the manufacturing capacity. The
company claims that portions of the process for the new machine are
unique in the current marketplace and therefore, filed the
Provisional Patent Application with the U.S. Patent and Trademark
Office under the title "Method and Apparatus for Torrefying
Biomass." According to the patent, the new machine includes a
pre-dryer that partially dries the biomass prior to the
torrefaction process. This step increases the capacity of the
machine by approximately 25%
Michael K. Molen, Chairman and
CEO of Vega Biofuels Inc. said in a statement, "We are very proud
of the capabilities of the new machine and in order to protect the
Company and its partners, we felt it was important to file the
Patent Application. We feel that this machine is the most unique
and durable machine currently in the marketplace."
Gevo Inc. (NASDAQ: GEVO) recently produced the very first
cellulosic renewable jet fuel that is used on commercial flights.
The company produced over a thousand gallon of Alcohol-to-Jet fuel
by altering renewable isobutanol which was made from cellulosic
sugars derived from wood waste by using its patented technologies.
Alaska Airlines is expected to run the first commercial flight in
the next few months by using the cellulosic jet fuel. "Gevo's
production of this cellulosic ATJ removes all doubt that cellulosic
sugars can be successfully converted into isobutanol using Gevo's
technology. "Gevo's ATJ technology then reliably converts
isobutanol into renewable jet fuel, regardless of the sugar source.
I'm looking forward to seeing this fuel power an Alaska
Airlines flight in the near future," said Gevo's chief executive
officer Dr. Patrick Gruber.
Madalena Energy (OTCQX: MDLNF) currently holds a large
land position of over 950,000 acres in Argentina and professionally implements full
cycle operations through all aspects of its oil and gas business.
Madalena is focused on the delineation of large petroleum in-place
shale and unconventional resources in both the Vaca Muerta and
Lower Agrio shales, in addition to multiple tight sand plays
throughout the Company's portfolio of assets. The Company is also
focused on implementing horizontal drilling and completions
technology to develop high impact conventional, and scalable
resource plays, for light oil and liquids-rich gas. Madalena is an
international upstream oil and gas company that explores, develops
and produces crude oil, natural gas liquids and natural gas.
Sauer Energy Inc. (OTCQB: SENY) manufactures highly
effective small wind Turbine Systems could be mounted of rooftops
on homes or small buildings. The Sauer Energy Turbine Systems
potentially deliver the fastest return of investment to the owner
and investor. The company's sights are set on advanced quality for
its units. With quality manufacturing, Sauer will still be able to
offer extremely affordable price/cost. With state-of-the-art
technology and high demand for its Turbine Systems, comes a
standard for community development. Sauer Energy's platform for
renewable energy will have a crystallization of its strategy and
technology research that will lead to a global collaboration
between people.
Lithium Corporation (OTCQB: LTUM) is a junior mining
company focused on creating shareholder value through the discovery
and development of lithium and related mineral resources. Lithium
is a strategic mineral with very strong and collective demand from
the portable energy sector, particularly for use in batteries to
power hybrid and electric vehicles. Currently, the company is
exploring two wholly owned prospects located in the State of Nevada, USA and two prospects in
British Columbia, Canada. On each
of the Nevada prospects, the
Company has defined a lithium-in-brine anomaly.
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