In 2005, Virent contracted with MG&E, a local Wisconsin utility, to build an integrated BioForming reactor and hydrogen/natural gas fueled generator for electricity production. The success of this system, which began operating in December 2005 and can deliver up to 10 kW of power, demonstrated the viability of the BioForming process. This sparked the interest of companies such as Cargill and Honda and ultimately led each to invest in the company in 2006.
The production of gasoline via APR confirmed the technology was a new pathway to the production of liquid fuels and chemicals currently made from fossil fuels. Virent has since received significant commercial interest and entered into key strategic industrial collaborations, including with Royal Dutch Shell for the development of liquid fuels. This collaboration will speed the technology’s time to market and enable broad commercial penetration.
Virent’s growing partnerships with major energy and agricultural companies, in addition to expanding global interests, continue to validate this game-changing technology.
| ©2007 Virent Energy Systems, Inc. |