Ze-gen awarded funding by renewable energy trust in Massachusetts

Boston, MA, Sept. 19, 2006 — 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, announced that it has accepted $500,000 in Sustainable Energy Economic Development (SEED) financing from Massachusetts Technology Collaborative’s (MTC) Renewable Energy Trust.

In conjunction with a recently announced Series A financing event 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 MTC Renewable Energy Trust director Warren Leon.

For more news and exclusive features from Utility Automation & Engineering T&D and Electric Light & Power online, please click here.

Previous articlePSEG and Exelon announce termination of proposed merger
Next articleCalpine to sell interest in Cali energy center

No posts to display