Welcome!

News Feed Item

VIASPACE and Tibbar Energy Announce Final St. Croix Government Approval to Construct 7-Megawatt Biogas Power Plant

WALNUT, Calif., March 31, 2014 /PRNewswire/ -- VIASPACE Inc. (OTCQB: VSPC) today announced that the St. Croix government has approved Tibbar Energy's permit to build a 7-megawatt biogas power plant on the island of St. Croix. The government approved the permit on Tuesday evening, March 25, 2014 during a meeting at the Virgin Islands Port Authority.

The final approval came from the Virgin Island Department on Planning and Natural Resources' Division of Coastal Zone Management (CMZ). The CMZ decision was the last step that Tibbar Energy needed in order to begin construction on its 7-megawatt biogas power plant which will supply electricity created from VIASPACE Giant King Grass to the Virgin Island Water and Power Authority (WAPA) for at least the next 25 years.

Tania Tomyn, Tibbar Energy CEO, stated, "Tibbar is thrilled about building its renewable energy plant on St. Croix. We will provide 7 megawatts of base load power for WAPA for the next 25 years from Giant King Grass grown on the island. Tibbar is required to begin producing power by December 2015 pursuant to the power purchase agreement. WAPA has no other base load renewable power source and Tibbar's project will allow WAPA to be compliant under the Renewable Portfolio Standard. Tibbar's general contractor will begin site work as early as May or June and the expected schedule is 18 months for both the farming operations and the biogas plant. The project should create more than 150 jobs during construction and 35 permanent jobs."

Mary Eckard, President of the St. Croix Chamber of Commerce, was quoted, "The St. Croix Chamber of Commerce is elated to hear of the creation of 150 construction jobs and 35 permanent jobs on the island of St. Croix at a time when our economy sorely needs jobs. We are also very excited and supportive of anything that can meaningfully and immediately reduce our cost of energy on the island of St. Croix."

Tomyn concluded, "I am proud to be a resident of St. Croix and take part in developing a green energy source that will reduce power costs, create jobs and is independent from fossil fuels.''

Tibbar is also providing 1,000 bales of hay for the Virgin Island Department of Agriculture for small farmer's livestock throughout the territory. In addition to the electricity power production, the power plant design process will produce hundreds of tons of quality organic fertilizer per year. Tibbar has agreed to provide this organic fertilizer to the Department of Agriculture and to local farmers at no cost. Last July 2013, Tibbar executed with WAPA a 25 year Power Purchase Agreement with a 5 year extension option for $0.245/kwh and at the same time executed an interconnection agreement. The entire project is carbon neutral and represents the Caribbean's first continuously renewable, green energy, biomass power plant.

VIASPACE Chairman, Dr. Kevin Schewe, commented, "We have come a long way in a relatively short time frame with Tibbar Energy to use VIASPACE Giant King Grass as a dedicated, renewable, green energy crop for biogas electricity production on St. Croix. We are proud of this partnership and extend our warmest congratulations to Tibbar for achieving the final CMZ approval to start construction of their 7-megawatt biomass power plant. We are excited to show the world how well this renewable green energy power plant works to create base load, 24/7 electricity using Giant King Grass while simultaneously creating local jobs and organic fertilizer. We have the 24/7 alternative energy solution for any tropical island nation desiring carbon neutral freedom from more expensive imported fossil fuels. VIASPACE and Giant King Grass can make a giant difference for a greener world and we intend to accomplish that objective with economic benefits to our partners and shareholders."

About VIASPACE Inc.
VIASPACE grows renewable Giant KingTM Grass as a low-carbon fuel for clean electricity generation; for environmentally friendly energy pellets; and as a feedstock for bio-methane production and for green cellulosic biofuels, biochemicals and biomaterials. Giant King Grass is a proprietary, high yield, dedicated biomass energy crop. Giant King Grass when it is cut frequently at 4 to 5 feet tall is also excellent animal feed. The USDA granted approval for planting Giant King Grass throughout the US and cooperates in exporting by performing the required inspections and issuing the phytosanitary certificate needed for import into foreign countries. Giant King Grass is being grown in California, Arizona, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar and Pakistan. For more information, please go to www.VIASPACE.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or [email protected]

Safe Harbor Statement
Information in this news release includes forward-looking statements. These forward-looking statements relate to future events or future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Such factors include, without limitation, risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including Annual Report on Form 10-K for the year ended December 31, 2012, and other factors over which VIASPACE has little or no control.

SOURCE VIASPACE Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...