Ze-gen Awarded Funds for Waste-to-Energy Plant

Boston, Massachusetts [RenewableEnergyAccess.com] Ze-gen, Inc., a Boston-based, privately-held company providing advanced gasification technology to convert industrial and municipal waste streams into synthetic natural gas and low-emissions electrical energy, accepted $500,000 in Sustainable Energy Economic Development (SEED) financing from Massachusetts Technology Collaborative's (MTC) Renewable Energy Trust.

"The fast growing cluster of clean energy companies in Massachusetts is creating new economic opportunity and developing new technologies that will help us tap clean, renewable sources of energy." -- Warren Leon, Renewable Energy Trust, director
In conjunction with recently announced financing led by Massachusetts Technology Development Corporation (MTDC), this funding will be used to help the company construct and operate a proof-of-concept facility in New Bedford, MA."The fast growing cluster of clean energy companies in Massachusetts is creating new economic opportunity and developing new technologies that will help us tap clean, renewable sources of energy," said Trust Director Warren Leon. Ze-gen was formed in mid-2004 in order to develop and deploy efficient gasification systems that convert municipal solid waste (MSW) and construction and demolition waste into clean energy. Ze-gen represents a non-incineration based opportunity to create clean power with a virtually limitless supply of free fuel.MTC administers the Renewable Energy Trust, which was established to generate the maximum economic and environmental benefits from clean energy resources for the Commonwealth. The Trust is an essential part of the state's strategy to build a cleaner, more secure energy future by encouraging the use of renewable resources such as wind, solar, hydroelectric, biomass, fuel cells and landfill gas.
For further Information
Massachusetts Technology Collaborative's (MTC) Renewable Energy Trust
Ze-gen, Inc