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SMALL BUSINESS
W2 Energy's Laurel, MD Project Continues to Move Forward
Market Wire
TORONTO -- (Marketwire) -- 11/24/09 -- W2 Energy Inc., a clean energy company
(
www.w2energy.com) (PINKSHEETS: WTWO), is pleased to announce that the
Laurel, MD project is moving ahead at a rapid pace. Starting last week, the
company began operational meetings with all participants in the project,
including the appropriate regulatory authorities, to review protocols and
procedures related to the operation of the plant. These initial meetings
are also to discuss land use, solid waste and air quality requirements. As
the project moves ahead, discussions will also take place regarding carbon
credits and the certification of the project for carbon credits. The
Laurel, MD project was previously mentioned in press releases and in the
video prepared by Forbes.com on their program "Breakout."
As the W2 Energy 4Ton Plant proves itself, the Company will work with the
City of Laurel to designate a second site for a full size waste to energy
plant. Based upon estimates done for W2 Energy by their engineering
partner, one metric ton of municipal solid waste will be able to generate
101.25 gallons of gasoline, diesel fuel, JP8 jet fuel and electricity from
steam generated by heat recovery. W2 Energy expects to generate a
significant cash flow from the project by marketing the by-products while
helping the City of Laurel with their waste disposal.
The Forbes.com feature on W2 Energy can be seen on our website
www.w2energy.com. It should also be mentioned that Toxco has produced a
video about the current joint venture with W2 Energy regarding the disposal
of old batteries and this has also been added to the website.
W2Energy is a net user of CO2. It generates carbon free power. Garbage is a
renewable resource.
W2Energy trades in the United States on the OTC market under the symbol
"WTWO."
For further information, please contact Mike McLaren at (519) 341 3185 or
go to
www.w2energy.com
Note: Certain statements in this press release are "forward-looking
statements" within the meaning of the Private Securities Act of 1995. Such
statements involve known and unknown risks, uncertainties and other factors
that may cause results to differ materially. Such risks, uncertainties and
other factors include but are not limited to new economic conditions, risk
in product development, market acceptance of new products and continuing
product demand, level of competition and other factors described in reports
and filings with regulatory bodies
W2 Energy Inc.
519-341-3185
519-341-3185
MARKET WIRE
2009-11-24 07:57:22
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