CleanTech Biofuels, Inc. announces that it has placed its initial orders for equipment to be used at its first commercial site located in Chicago, Illinois. CleanTech expects to begin producing biomass from municipal solid waste for the production of renewable energy in the near-term. Initially, the biomass produced in Chicago will be co-fired with coal at existing coal fired power plants operating in the Chicago area.
CleanTech Biofuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into cellulosic ethanol and other products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other alternative energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stover.