Fairchild International to Acquire Hydrogen Production
Tuesday, November 08, 2005
"Fairchild International announced negotiations to acquire a worldwide license to proprietary technology for the production of low-cost 99.9% pure hydrogen. The technology will work in conjunction with the company's gasification technologies to create hydrogen energy from bio-waste, low-grade coal, wood waste, and municipal and industrial garbage/waste products. The inventor of the technology is considered a leading expert in gasification and hydrogen energy technology. "The acquisition could make us a major player in the hydrogen power industry," said Robert Klein, Fairchild president. Once acquired, the technology will offer a hydrogen substitute to industrials that are currently powered by high-priced natural gas. It will maintain Syngas's net-zero airborne emissions and will qualify for greenhouse-gas credits as well as Kyoto protocol credits. Fairchild's wholly owned subsidiary Syngas Energy, will acquire the licenses." Source: renewableenergyaccess.com
posted by Frank @ 9:26 PM,
