SAN ANTONIO, USA: Free Green Energy, LLC recently announced the engagement of San Antonio based Sologen Systems Inc. as Project Manager for a major enhanced geopressure electrical generating project.
The first stage of the project calls for developing a total of 200 geopressured wells in the States of Mississippi and Texas. The project is expected to ultimately generate baseload electrical power of at least 400 megawatts. Total capital cost is estimated to be $280 million.
Free Green Energy's partner in the venture is Green Well Power, LLC of Vancouver, BC. Green Well Power is the exclusive North American licensee for the revolutionary linear power engine which will be used to harvest the wells' kinetic energy and drive the electrical generators. The linear driver was developed and patented by Linear Power, Ltd of Long Beach, Mississippi.
Geothermal and geopressure resources are available across the United States. They provide renewable energy and can supply a constant source of baseload electricity. While the sun and wind are major potential sources of renewable energy, their energy varies greatly over time, as when there is no wind, or at night in the case of solar. Geothermal and geopressure energy however, are not interruptible and provide energy 24/7 while diversifying our nation's renewable energy portfolio.
Geothermal and geopressure energy have low environmental risk and impact. Used with a closed-loop power plant, such as our linear driver, the system has near zero environmental impact and emits no greenhouse gases.
Geothermal and geopressure energy also have the potential to make a significant contribution to energy independence. The resource size and domestic distribution, coupled with technology advancements will help reduce national dependence on hydrocarbons for electricity generation and free these critical resources for other uses.
Free Green Energy, headquartered in Houston, Texas was organized in 2008 to identify and develop geothermal and geopressure energy resources and use them to generate and sell green electricity.
Sologen Systems is a San Antonio, Texas based RE development company. Sologen Systems provides turn-key business development, strategic planning, project management and finance solutions for tax-advantaged RE projects. Sologen Systems specializes in large-commercial to utility-scale Solar PV Systems and Enhanced Geothermal and Geopressure Systems.
Sologen Systems identifies the available and applicable government subsidies for each project and structures appropriate corporate relationships to maximize tax benefits and RoI.
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