AIEA, Hawaii--(BUSINESS WIRE)--ClearFuels Technology Inc., a developer of sustainable sugarcane biorefineries, today announced its selection by AlwaysOn as one of the GoingGreen 100 Top Private Companies for 2007. The first-annual elite GoingGreen 100 list was compiled by the AlwaysOn editorial panel. To be eligible for the GoingGreen 100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 500 nominations from venture investors, investment bankers and other industry experts.
"The AlwaysOn GoingGreen 100 companies will accelerate the global movement to a more sustainable environment," said Tony Perkins, founder and editor of AlwaysOn. "The ideas and innovation we saw as we reviewed hundreds of clean technology companies will be foundational to the next wave of economic growth in California and beyond. My congratulations to each AlwaysOn GoingGreen 100 winner—these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."
Using advanced thermochemical technologies, ClearFuels’ integrated biorefineries are designed to increase per acre production of ethanol while reducing carbon dioxide emissions per gallon.
“ClearFuels is developing biorefineries that can produce clean renewable fuels from waste biomass or sustainable energy crops,” said ClearFuels President George St. John. “Our biofuel refinery design integrates efficient production of cellulosic ethanol from bagasse and cane trash with existing sugar mill and sugar fermentation facilities. This allows relative production flexibility of ethanol, sugar and power to optimize economic returns in response to commodity market prices, while increasing overall efficiency in a sustainable manner.” ClearFuels’ first commercial demonstration facility is currently under development in Hawaii.
“It is a tremendous honor for ClearFuels to be included with these other emerging leaders in green energy innovation,” St. John said.
ClearFuels and the GoingGreen 100 Top Private Companies for 2007 will be honored at AlwaysOn GoingGreen to be held at the University of California in Davis from September 10 – 12. GoingGreen is a two-and-a-half-day executive gathering that highlights the significant impact clean technologies have on new economic growth and in sustainable use of natural resources. The idea behind the GoingGreen 100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the clean technology industry.
A full list of all the AlwaysOn GoingGreen 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/18632
For more information on ClearFuels Technology Inc., go to: www.clearfuels.com
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