LanzaTech signs up first commercial customer
LanzaTech, the New Zealand company involved in the production of fuels and chemicals from gas resources using a novel gas-liquid fermentation process, has just signed up its first commercial customer, Concord Enviro Systems (India) Pvt. Ltd (CES). Concord Enviro Systems is a Mumbai-based company with a wide range of investments in various forms of renewable energy. According to LanzaTech Chief Executive Jennifer Holmgren, the company has licensed its technology to CES to enable production of power and fuels from municipal solid waste (MSW). “For LanzaTech this agreement is significant as it represents our first technology sale in a key strategic market and a very critical waste segment,” said Holmgren. She added, “It is estimated that global generation of MSW has risen 37% since 2007. With developing countries spending a significant portion of their available budget on solid waste management, using this waste as an energy source and deploying distributed MSW systems means we could have a real material impact on energy democratization.” (November 8, 2011)