Click here to close now.




















Welcome!

News Feed Item

VIASPACE Giant King Grass Progress in Nicaragua--12 MW Power Plant and Animal Feed Business

WALNUT, Calif., Sept. 2, 2014 /PRNewswire/ -- VIASPACE Inc. (OTCQB: VSPC) issued an update on the Giant King Grass power plant and animal feed projects in Nicaragua.

VIASPACE CEO Dr. Carl Kukkonen traveled to Nicaragua in August to participate in the formal power plant feasibility study being conducted by Pelican SA of Managua. The feasibility study team met at the plantation on the shores of Lake Nicaragua to assess the agricultural aspects of the project and to inspect potential sites for the power plant and survey the route for the transmission line to connect to the national grid.

The agricultural feasibility study team included experts from Nicaragua, Costa Rica, Europe and the United States. The team reviewed plans for planting, growing, harvesting, transporting and processing 284,000 tons of fresh Giant King Grass every year for the 12 MW biomass power plant. The team heard from the local Energia Reino Verde team that has been growing Giant King Grass in Nicaragua since 2012.  Energia Reino Verde (English translation "Green Kingdom Energy") is the special purpose company that will own and operate the 12 MW biomass power plant and 2,100 acre Giant King Grass (GKG) plantation in Nicaragua.

The grid connection group of the feasibility study team also visited the plantation and examined potential sites for the power plant. They also conducted a survey for the route for the transmission line to connect to the Nicaraguan grid. The distance is approximately 9 km. The power will be sold to the Nicaraguan grid and potentially also to private customers. Nicaraguan law allows private customers to use the grid to deliver reliable electricity to them.

A potential Engineering, Procurement and Construction (EPC) contractor from the United States visited the plantation and power plant site to evaluate the project. Energia Reino Verde is interviewing several potential EPC contractors and hopes to make a selection after the feasibility study is completed.

Nicaragua is currently in a drought, but the Giant King Grass plantation is located on Lake Nicaragua with plenty of water for irrigation. Animal feeders throughout the country will likely face a serious shortage of animal feed in the beginning of 2015. The Nicaraguan partners are considering a major expansion of the Giant King Grass animal feed production to help meet needs for animal feed throughout the country.  As part of the animal feed project, Giant King Grass was harvested and made into silage. Samples were also sent to Dairy One in the US for forage analysis.

Kukkonen reported, "I am very satisfied with the progress on the project in Nicaragua.  We have an excellent team, and the external review by the feasibility study group will validate and improve our plan. This plantation and power plant will be a flagship for VIASPACE. We have other potential customers watching us closely and we expect to have similar projects in place in the future. VIASPACE will earn revenue from the Giant King Grass license fee and also generate earnings from a retained equity stake in the power plant."

VIASPACE Chairman, Dr. Kevin Schewe, commented, "I encourage all interested parties and investors to examine the new pictures that we are posting on our Facebook page showing aerial views of the where the 12 MW biomass power plant and 2,100 acre Giant King Grass plantation will be located including views of the Giant King Grass that is already growing there. We are proceeding with the animal feed side of the business in parallel with the 12 MW power plant and we show Giant King Grass being chopped to make silage as animal feed. This is our flagship project and business model because we will earn revenue from our Giant King Grass license fee and also generate earnings as an equity partner in the sale of electricity. In addition and very significant, we are going to demonstrate how the animal feed business and biomass electric power generation can be complementary businesses generating an even more robust economic profit related to the Giant King Grass plantation."

Dr. Schewe, concluded, "I commend Dr. Kukkonen and our partners in Nicaragua for having the vision and diligence to move this project forward with remarkable speed and success. There are many eyes watching this project and we believe that we are gaining additional recognition as a leader in this business space as its success unfolds. We are moving forward on so many other fronts as well and my support for this company is stronger than ever."

New pictures from Nicaragua are available on the VIASPACE Facebook page www.facebook.com/viaspaceinc.

About VIASPACE Inc.

VIASPACE grows renewable Giant King 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, Pakistan and Guyana.  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, 2013, 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
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of I...
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ET...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...