Astra Energy, a renewable and waste-to-energy project developer and technology acquisition company, has executed an agreement with Regreen Technologies and Global Sustainable Technologies for rights to a proprietary waste-to-energy technology.
Under the terms of the agreement, Astra will receive exclusivity in the following regions in perpetuity to deploy the technology: Africa, Jamaica, Brazil and Canada. Astra Energy also will have priority in terms of equipment supply and delivery.
“These are compelling times, and this technology will contribute to climate change solutions that we aim to be a part of,” said Kermit Harris, president of Astra Energy. “The technology is significant because it has the capacity to convert many forms of waste into low to zero emission biofuel products, syngas and clean electricity, making it the perfect solution for a biofuel blend that can clean the current emissions created by fossil fuels. Our goal is to create a supply chain of
