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August 05, 2008 | Jim Lane | Comments 0

Credit Suisse invests $4 million in Helius Energy biomass-to-power; technology includes modular power units using distillers grains for energy

In England, Credit Suisse will invest $4 million in Helius Energy, which is developing a 65 MW biomass-to-power project in Stallingborough, using 430,000 tonnes of waste biomass to generate green power for 100,000 homes. The company is also pursuing biomass-to-power projects in South Africa as well as small-scale modular systems that can produce up to 7MW from wet distillers grains and other distillery wastes, and use the power for the facility as well as to supply to the grid, eliminating the need to transport wet waste, or consume energy to produce dried distillers grains.

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