The Obama administration says "exports [to China] are generating jobs in every corner of the United States and across every major sector." The White House press release notes how EmberClear recently signed an exclusive license with Huaneng's CERI to become a global licensing and development partner.
WASHINGTON, DC and CALGARY, AB - January 20, 2011 - As Chinese President Hu meets with President Obama and tours the United States this week, the White House released a statement which highlights EmberClear's (TSXV: EMB) recent agreement with China's largest electricity producer, Huaneng Power Group's (NYSE: HNP) new corporation called the Clean Energy Research Institute (CERI).
Stating that "…exports [to China] are generating jobs in every corner of the United States and across every major sector," the White House press release notes how EmberClear recently signed an exclusive license with Huaneng's CERI to become a global licensing and development partner.
"We're pleased that our groundbreaking clean energy agreement with China's largest utility company has been recognized as such by the White House and the Obama Administration," said Albert Lin, CEO of EmberClear. "It's a perfect example of how US companies can work with China and create jobs here in America and around the world."
Currently, EmberClear and CERI's first joint project is a 270 Megawatt IGCC (gasification technology) power plant in Good Spring, Pennsylvania, which recently had all of its relevant permits approved. The exact language of the release follows:
EmberClear and CERI Licensing Agreement: EmberClear (Calgary, Alberta Canada), with offices in Houston, TX, signed an exclusive license with Clean Energy Research Institute (CERI), a clean energy technology subsidiary of Huaneng Power Group of China, to become a global licensing and development partner. EmberClear will provide engineering and project development services for economic and efficient clean fossil energy solutions and scientific consulting services in international projects. EmberClear and CERI highlighted the first project of this partnership, a 270 Megawatt IGCC power plant in Pennsylvania that recently received all relevant permits.
"Our agreement with Huaneng reflects the world's increased dedication and focus on clean energy technologies such as gasification and other related processes," Lin said. "The impressive technology record of achievement in China has created new global demand for clean technology from countries, utilities, and consumers sensitive to climate change."
The complete White House press release is available here.
EmberClear Corp. ("EmberClear") is a clean energy technology company developing energy projects around the world. EmberClear will provide engineering and project development services for economic and efficient clean fossil energy solutions and scientific consulting services for international projects. EmberClear projects will utilize advanced carbon based gasification technology acquired through exclusive and non-exclusive licenses. EmberClear also holds title to real estate and coal deposits. EmberClear intends to utilize additional technology licenses as needed to fully develop commercial scale energy projects. For more information please visit www.emberclear.com.
About Huaneng Power Group
Huaneng Power Group is the largest power utility in China and formed after China Power was changed from a single state run organization into five power generation companies. With over 120 GW of generation assets, Huaneng Power Group aims to be a leader in the development and deployment of economically and ecologically sound energy solutions.
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