on BioEnergy Development Inc. (NASDAQ:CNER)
BioEnergy Development Inc. Launches "BioGrid" for Rural Energy Independence
BioEnergy Development Inc., a company specializing in waste-to-energy infrastructure, has unveiled its latest platform, BioGrid™, aiming to empower 800 forest-dependent communities. This initiative promises to generate 12.3 TWh of energy from local waste, with units already in production and distribution.
The need for BioGrid™ arises as rural North American regions face high inflation and limited power supply. CEO Gary Bartholomew emphasizes turning wood waste into energy resources to fortify rural communities' energy security. With over 5.5 million residents living in energy-insecure areas, the solution provides reliable baseload power and bolsters local economies.
BioGrid™ presents an immediate response to rural energy challenges, featuring BioEnergy Solutions eXRGY™ technology that fosters a circular economy. This innovation offers consistency in power delivery, waste heat for agriculture, and carbon revenue opportunities.
R. P.
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