Tested Diesel Cetane Ratings Reach 63.6 in Comparison to the Norm of 51 With High Calorific Value Exceeding the European EN590 Standard
Global Energy (OTCBB:GEYI – News), an initiator of alternative energy projects focusing on the processing of organic solid and many kinds of hydro carbon wastes into usable alternative fuels, today reported on a number of tests on the diesel produced by the Company’s technology and plants supplier, AlphaKat GMBH, in Germany.
The first tests were conducted by the Institute for Neuwertwirtschaft GMBH (“IFNâ€) from a feed stock of household waste from the city of Liepzig on approximately 130 liters of synthetic diesel that were produced through the AlphaKat KDV process. The study concluded “this product can be used in CHP’s (combined heat and power plants). For use in the diesel engine area, which is subject to EN590 (The European Standard for Diesel for Vehicles), sulfur content and stabilization need to be adjusted for full scale industry plants. The refuse contained a maximum of 46% hydrocarbons from which the demonstration plant produced diesel from 41%, representing a conversion efficiency of 89%.â€
ERRSA Energietechnic, a reputable test and regulation institute in Germany from Zitau, separately concluded, based on a test run on a 200KW diesel engine that the produced diesel held approximately 12,000 Kcal per kilogram compared to the EN590 standard of approximately 10,000 Kcal per kilogram. The Cetane rating 63.6 compared with the standard EN590. In summary, “the tested diesel is special fuel that could provide an alternative to vegetable oil with CPH and to fossil diesel fuel for vehicles. The high calorific value of the diesel would lead to reduction in the diesel engine’s fuel consumption and therefore reduction of emissions and logistics costs.â€
Yossi Raz, Global’s VP of Project Development and Chief Technology Officer, stated, “As we continue to expand and grow our partnerships and presence globally, it is critical to the process to conduct independent tests of this nature to reconfirm the validity of the technology. Third party testing will continue as we refine and grow the KDV technology to meet the needs of current and potential alliance partners and customers.â€
About Global Energy
Global Energy’s mission is to commercialize innovative technologies which produce energy from waste and renewable sources, while contributing to a vision of a cleaner environment. Global Energy intends to use the most efficient and environmentally friendly of all currently available alternative fuel technologies, each originally developed and patented by acclaimed scientists.
For further information please visit www.global-energy.net.
Forward-Looking Statements.
Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among others, that the diesel we produce would lead to reduction in the diesel engine’s fuel consumption and therefore reduction of emissions and logistics costs; that third party testing will continue; and that we will use the most efficient and environmentally friendly of all currently available alternative fuel technologies.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the inherent uncertainties and speculative nature associated with biofuels and alternative fuel sources; (ii) potential environmental liabilities, weather, mechanical failures, safety concerns, labor problems and financing problems; (iii) changes in economic conditions, adverse exchange rates and financial markets; (iv) the risk that we are not able to execute our business plan, such as entering agreements with strategic partners, leasing land, obtaining loans, etc; (v) the inability to retain key employees; (vi) changes in energy prices and the high cost of alternative fuels; (vii) Global Energy’s inability to finance its operations or growth; (viii) the inability to obtain all necessary government, environmental and regulatory approvals; (ix) an increase in competition in the biofuel and alternative fuel market; (x) the possibility that our technology does not work as well as expected; and (xi) inability to access additional funds under the arranged convertible debenture which is subject to certain conditions to funding. Further, commodity prices for castor oil may decline, and our crops may not grow as expected. Investors should consider all of these risks and should also refer to the risk factors disclosed on the SEC filings of other start up alternative energy companies.
