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KGRA Energy Corporation Receives Grant from the State of Pennsylvania

October 26, 2010

HOUSTON, Oct. 26 /PRNewswire/ — KGRA Energy Corporation has received a $750,000 grant from the State of Pennsylvania’s Department of Environmental Protection towards the construction of a waste heat-to-power project.

The cogeneration facility will be located in Bradford County, PA and will harvest the heat from reciprocating engines at a natural gas compression station currently under construction by a major US natural gas company. It will produce approximately 1.26MW of clean, renewable electricity from a generator linked to an organic Rankine cycle power system.

The grant, administered by the Pennsylvania Energy Development Authority, is designed to drive the advanced and renewable energy technology marketplace and further the implementation of energy efficient technologies. Funding for the grant was provided by three sources including: the state Growing Greener II funds, the American Reinvestment and Recovery Act, and Duquesne Light Settlement Fund.

“We are honored to be among this select group of renewable energy companies recognized by the State of Pennsylvania as having projects that will advance its goals of innovation, job creation, and clean energy production,” stated Jason Gold, KGRA’s Chief Executive Officer.

“This project, which will harness exhaust heat from reciprocating engines is one of the first of its kind and will open the door to many more megawatts of clean renewable power in the Marcellus Shale area.”

With an uptime ratio of 95%, KGRA’s facility is estimated to produce 10 million kilowatt-hours of emission-free electricity per year – displacing the equivalent of over 16 million lbs. of carbon dioxide and producing enough electricity for over 900 residences – all from the wasted exhaust heat from gas-powered engines.

The full press release from Governor Edward G. Rendell’s office can be found here http://www.prnewswire.com/news-releases/governor-rendell-announces-40-innovative-energy-projects-to-create-1400-jobs-calls-for-higher-solar-standards-to-spur-additional-job-growth-101988018.html

About KGRA Energy Corporation:

KGRA Energy is a developer of renewable energy power generation projects that harness waste heat to create clean, renewable energy. The Company uses organic Rankine cycle and where relevant, steam-based power modules to harvest heat from engines, turbines, furnaces, and other heat sources to create renewable electricity.

Because KGRA’s systems are modular and scalable, it can produce power from heat sources traditionally served by steam cogeneration and from smaller and lower-temperature heat sources unsuitable for standard cogeneration.

KGRA is a client company of the Houston Technology Center.


    For more information please contact:

    KGRA Energy Corporation
    Jill Jenson - Media Coordinator
    917-652-6605
    jill@kgraenergy.com
    info@kgraenergy.com
    www.kgraenergy.com

SOURCE KGRA Energy Corporation


Source: newswire



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