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11/03/09 -- BioCentric Energy Holdings, Inc. and Renewed World Energies (PINKSHEETS: BEHL) today confirmed the companies are in receipt of combined purchase orders for both ALGAE Bio Mass and ALGAE Oil products totaling in excess of Six Million Dollars.
The newly combined companies today made the announcement confirming the first one-acre-sized combined closed loop photobioreactor systems which will be based at the Georgetown, SC facility to accommodate and start the purchase order production. The company will increase the acreage in modular increments to facilitate the completion of the purchase orders. RWE has expansion access to adjacent properties of over 20 acres for ALGAE farm productivity with a possible additional 300 acres when required. The terms of the current purchase orders in hand are for full completion by December 2010. The first modular combined closed loop systems are expected to be operational by the end of this year.
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SAN JUAN CAPISTRANO, CA -- 11/02/09 -- BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today confirmed a merger agreement between BioCentric Energy Holdings, Inc. and Renewed World Energies, an established closed loop Photobioreactor manufacturer and ALGAE production facility based in Georgetown, South Carolina.
Dennis Fisher, CEO of BioCentric (BEHL), stated today, "After extensive talks, and comparative data exchanges between the two companies, it became apparent that major synergetic opportunities would evolve if both companies were to combine efforts to advance Photobioreactor closed loop technology and ALGAE reproductive systems with the advanced capability of producing Power in the form of electricity, passing directly in to the 'Grid'system."
Mr. Fisher further commented, "The basic agreement outlines the two companies will merge all assets, and BioCentric Energy Holdings, the publicly traded company, will be the surviving entity, BioCentric's name will be changed to a mutually agreeable new name, along with the filing of SEC Form 10 registration document to become a reporting entity along with a Form 15c-211 filing to enable the company to emerge as a fully reporting Bulletin Board company. The draft logistical plan for the facilities is, the Huntington Beach, California facility will be the designated Corporate Headquarters with the Research and Development arm located in Prague, Czech Republic and the Georgetown, South Carolina location will be the heavy engineering equipment manufacturing and ALGAE production unit of the consolidated companies."
Richard Armstrong, President & CEO of Renewed World Energies, stated, "With the combined resources of RWE's heavy engineering background and experience, along with BioCentric's scientific and marketing expertise, we at RWE strongly believe this can be only a win-win situation with limitless possibilities in the fields of closed loop reproductive equipment and ALGAE strain research and productivity, which we believe will ultimately lead to significant revenues and profitability for both the company and shareholders alike."
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October 15, 2009
BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) has received Research & Development funding worth $500,000 from a private investment group. The investment came through a relationship built at the Annual ALGAE Biomass Summit event in San Diego, California last week. The relationships and alliances established from the event should place the company in a position for major growth by the end of the year. The $500,000 in funding is received from an established "Green" investment group who would like to see the company further enhance the ALGAE reproductive systems.
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September 9, 2009
BIOCENTRIC ENERGY HOLDINGS, INC. (PINKSHEETS: BEHL) ANNOUNCES: The company today agreed to a joint venture with California-based ENVIROTEK (PINKSHEETS: INCL) for the construction and development of a Bio-Diesel manufacturing facility in North Las Vegas, Nevada.
BioCentric President Dennis Fisher today commented, "BioCentric has reached an agreement with Costa Mesa-based ENVIROTEK for the development of a multi-fuel manufacturing facility of Bio-Diesel alternative clean burning fuels. These two companies share a common synergy in their goal to provide alternative clean burning 'Green'fuel and energy sources to the world." ENVIROTEK President Robert Thompson today concurred with Dennis Fisher regarding the companies'goals and plans to move forward.
The facility will be a combination of ALGAE photobioreactor production of raw materials and a refining process from recycled vegetable oils for the manufacture of Bio-Diesel fuels.
ENVIROTEK is in the process of acquiring significant acreage for the construction and development of the joint facility.
The construction and development of the new facility is expected to begin in December this year. Both ENVIROTEK and BioCentric Energy will provide additional updates and progress on a regular basis.
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August 17, 2009
SAN JUAN CAPISTRANO, CA -- (Marketwire) -- 08/14/09 -- BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today announced the company's first successful harvest of ALGAE for the production of clean burning Bio-Diesel fuels significantly exceeded expectations yielding almost 30% more ALGAE than originally projected. The crop produced from the company's on site closed loop Photobioreactor is now on a continual harvest cycle and is producing sufficient ALGAE to produce approximately 8 gallons per day of Bio-Diesel fuel which equates to almost 50% of the crop produced from the 1800 square foot test system.
In addition to the Diesel product, the harvest produces high protein animal food supplements which do not require any additional processing. The combination of the Bio-Diesel and animal food supplements makes the production a very cost effective system and profitable solution. Using the company's closed loop system, license holders operating a one acre ALGAE farm would be able to produce in excess of 50 gallons of clean burning Bio-Diesel per day along with significant animal supplement nutrients for retail distribution.
Earlier this week, the company submitted samples of the animal supplement ALGAE crop to a specialist laboratory for analysis and a nutritional breakdown report which, when completed, will enable the company to package and offer the products for retail distribution. The ALGAE's nutritional content will help a large variety of animals and pets maintain a healthier lifestyle.
Company President, Dennis Fisher, earlier this week conducted a public radio interview on the company's progress and patent pending technologies for the production of ALGAE and its many applications for worldwide solutions for the production of clean burning alternative fuels and all natural food supplements.
The interview can be heard on the following link.
http://diegoradio.com/wp-content/uploads/08-11-09.mp3
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May 20, 2009
Two colleges have been selected by BioCentric to receive, free of charge, the Algae Pro Photobioreactor. The reasoning of management to afford these photobioreactors to these institutions is for these institutions, in turn, to complete initial groundwork of ascertaining maximum growth efficiency in each site specific for each specific strain chosen.
BioCentric Energy has received financing to complete 80% of the 5000 square foot Algae Pro Photobioreactor to be built in Southern California.
BioCentric Energy has completed the engineering on a key component which will also be sent to the patent office under the auspices of a provisional patent as soon as possible.
We are informed by our webmasters that on Monday, the 18th of May, we will be able to view the completed shopping cart and our new look on the web -- due to several delays we at BioCentric believe that completion could possibly occur as late as by the end of next week.
Dennis Fisher, CEO for BioCentric Energy Inc. (PINKSHEETS: BEHL), stated today, "These opportunities all require considerable work to bring online to profitability and are not our number one priority. Our number one priority is to build our 5000 square foot closed loop photobioreactor here in So Cal to validate our claims of productivity, overhead, harvest, and most importantly... profitability. All other potential alliances, clients, and associations take a back seat to accomplishing our number one priority." Mr. Fisher went on to state, "My primary fiduciary responsibility is to take BioCentric to profitability, and our Team will do just that... and it all starts with the first 5000."
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April 11, 2009
DES MOINES, Iowa - Iowa energy officials have approved more than $2 million for an effort to grow algae at a southwest Iowa ethanol plant and use the material to make fuel.
The 18-member Iowa Power Fund Board approved the $2,085,000 grant to assist in the commercialization of algae production technology.
The project by BioProcessAlgae LLC, is a joint effort by Omaha, Neb.-based Green Plains Renewable Energy and three other companies.
Scott Poor, corporate counsel for Green Plains, said the research and development grant will fund an algae production project at the company's Shenandoah, Iowa, ethanol plant.
"There is a great deal of synergy between ethanol production and algae production," he said. "The algae can utilize the carbon dioxide, water and heat from the ethanol plant, so some of the key inputs for algae production are already available."
Kevin Lynch, the chief executive of BioProcessAlgae, said the company will test its photobioreactor design in hopes of commercializing the algae production process.
He said the reactor -- about 16-feet tall and 3-feet wide -- is placed above the ethanol plant's fermenter. The enclosed system then captures the carbon dioxide, which when combined with incoming light forms the algae.
Lynch said the photobioreactor will produce up to 50 tons of algae a year from about 100 tons of carbon dioxide. About 25 tons of the algae will be in the form of oils that they hope can be converted into fuel such as biodiesel. The other 25 tons will be biomass-type products that can be used to make distillers grains, then fed to animals or transformed into more ethanol, he said.
He wouldn't speculate how much renewable fuel could be produced on a mass scale through algae production.
"You have got to be really careful when you talk about what the limits of any technology are," he said. "We have to tie it into an industry that exists already, which in this case is going to be ethanol, and then we have to see if we can make the algae ... cheaply and energy-efficiently, and then we have to see if we can process it into the usable fuel and a usable project."
If the project succeeds, Lynch said the state of Iowa could have the grant repaid, but it wouldn't get any ownership in the technology.
Brian Crowe, a senior program analyst with the Iowa Office of Energy Independence, which oversees the board, said it's important for Iowa, even during tough budget times, to invest in research and development projects that could create manufacturing jobs and next generation biofuels.
It helps Iowa "to maintain its position as a leader in renewable energy production and really taking the next steps that are necessary to put our state and our country on the path toward energy independence," Crowe said.
The other companies in the joint venture are filtration products manufacturer CLARCOR Inc., of Franklin, Tenn.; Bioprocess H2O LLC, a water filtration product and service company from Portsmouth, R.I.; and NTR PLC, an Irish energy-holding company.
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March 13, 2009
BioCentric Energy Algae has evaluated the potential and authored terms of a Memorandum of Understanding to move forward with building the "Algae Pro closed loop Photobioreactor" in Death Valley Junction in California on property owned by the Amargosa Opera House, LLC.
Dennis Fisher, Board Member and President for BioCentric Energy, Inc. (PINKSHEETS: BEHL), stated today, "In May 2004 the National Renewable Energy Laboratory released radiation data (PAR Data or Photosynthetically Active Radiation) and defines Death Valley Junction area, using inputs derived from both satellite and surface observations of cloud cover, aerosol optical depth, atmospheric pressure, water vapor and other variables as one of the most advantageous areas for our use in the United States of America." Mr. Fisher went on to state, "It is also a known fact that there is an aquifer three feet from the surface to provide more than sufficient amounts of water and we can place our large algae water storage tanks below ground and utilize the cooling needs in the hot weather and the warming needs for the cold winter nights. BioCentric Energy Algae will be the first company operating a 3 acre closed loop photobioreactor solution in the USA, and the company plans to have more operational farms over the next 2 years."
The Team of BioCentric Energy Algae delivers cost effective photobioreactor systems that take the emissions from smoke stacks, and in a closed loop environment, grow algae for production and harvest profitably.
BioCentric Energy, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace.
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October 22, 2008
BioCentric Energy Holdings, Inc. (Other OTC:BEHL.PK) has signed an Association Agreement with Zenxin of China today. Specifically, this partnership will result in the formation of BioCentric Energy Algae Hong Kong Ltd (BCEA HK). The first of many projects of this alliance is located in Wuhan, China, which is a coal fired steel generation facility emitting 40,000 tons of CO2 per year. Wuhan has the distinction of emitting 33,000,000 tons per year of CO2 from their coal fired steel factories. BCEA HK will deliver CO2 reduction and profitable Algae growth for production of oil to biodiesel, and gasifying the residue to biogas to produce electricity through jet turbine generators within a closed loop solution.
Dennis Fisher, CEO and President of BioCentric Energy stated today, "My admiration and appreciation goes out to all the city, and state officials in China who understand the ramifications of our success in this initial project." Mr. Fisher went on to say, "I would also like to take this opportunity to give credit to the outstanding efforts of Dennis Shen and Cliff Bream which has made this alliance possible for BioCentric Energy. Their tireless efforts with the people of Zenxin, the City Management of Wuhan, and the Chinese government have made this partnership a reality."
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October 20, 2008
Energy solutions research and development company BioCentric Energy Inc. has released details of five proposed projects that are slated to occur in the next three years, most of which are centered on the development and use of algae as an emissions absorption agent, biodiesel feedstock and electricity generator.
Over the past thirty months, BioCentric Energy has conducted research and development on algae in Sri Lanka and India. The company has indicated it's ready to implement its proprietary technological process, which converts two species of algae into biofuels.
BioCentric Energy said its technology consists of capturing carbon dioxide and nitrous oxide emissions from smokestacks, which are fed to a closed-loop algae solution where up to 50 percent of the emissions can be eliminated. The algal oil is then extracted and used to make biodiesel; the leftover residue is fed through a dual pyrolysis unit to create syngas for electricity generation.
The five algal projects are:
* In Lake Elsinore, Calif., BioCentric Energy will collaborate with Southern Pacific Energy Inc. to deliver its carbon dioxide reduction and algae growth solution for biodiesel production, as well as residue gasification process to produce electricity.
* In Wuhan, China, through a joint venture BioCentric Energy will work with a coal-fired steel facility to implement its carbon dioxide reduction/algae growth solution for biodiesel production, and residue gasification process to produce electricity.
* In Orange County, Texas, BioCentric Energy will collaborate with joint venture partner Petroleum Equipment Institute, which purchased 54 acres owned by a prior Exxon refinery, to implement a project involving the development of two acres of both covered and non-covered algae canals to absorb carbon dioxide emissions and produce biodiesel and electricity.
* In Peru, the company is organizing and facilitating a farmer co-op to assist in the planting, harvesting, sale and delivery of organic biodiesel feedstock.
* BioCentric Energy will facilitate the sale and delivery of sister company BioCentric Consortium's organic oils, including rapeseed oil, for biodiesel production.
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