Synthesis Energy Systems, Inc. ("SES")
SYMX, a global energy and gasification technology company, and GE
Packaged Power, Inc., a subsidiary of General Electric Company ("GE") have
agreed to jointly evaluate and market a small scale power generation unit
combining SES' gasification technology with GE's aeroderivative gas turbines.
This application marketing agreement will focus on regions of the world where
conversion of non-conventional feedstock sources such as lignite and coal
wastes into synthesis gas fuel via SES' technology may be advantaged over
conventional gas turbine fuel sources such as natural gas and fuel oil.
For the past 12 months, SES and GE have completed a preliminary evaluation of
this application of their combined technologies. Under the terms of this
agreement, the two businesses on a non-exclusive basis will complete the
market evaluation and seek initial customers for this small scale power
product. GE's fuel-flexible LM-2500+G4 aeroderivative gas turbines are
ideally suited for utilizing the syngas fuel from SES's advanced fluidized bed
gasification technology. SES' proven technology efficiently converts coals
and other solid fuels, including inexpensive ultra-low quality coals, coal
wastes and refuse derived fuels into a synthesis gas. GE's LM-2500+G4 gas
turbines can produce reliable and cost efficient power for smaller scale
projects generating 50 to 100MW.
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