Ecostrat is pleased to announce that CharTech Solutions, a subsidiary of CHAR Technologies (TSXV:YES) has joined the BDO Zone Strategic Alliance as a partner in the Technology Group. BDO Zone Strategic Alliance Partners are best-of-kind companies that help de-risk biobased project development in BDO Zones.
“CharTech Solutions is excited to be a part of the BDO Zone initiative,” says Andrew Friedenthal, Director of Business Development at CHAR Technologies. “The BDO Zone Strategic Alliance’s mandate, to develop new biomass-based projects throughout North America, aligns closely with CHAR’s goal to decarbonize and promote the circular economy. CharTech looks forward to participating as a strategic partner, where our High Temperature Pyrolysis Technology provides an innovative solution to generate biochar and renewable energy from biomass, bringing unique value to BDO Zones.”
Jordan Solomon, President of Ecostrat, states: “We welcome CharTech Solutions as a new technology partner to the BDO Zone Strategic Alliance. The addition of CharTech and their innovative technology will provide new bio-based plants the ability to focus on systems that improve resource efficiency and environmental sustainability.”
American biomass provides an economic development engine with the potential to create 160,000 jobs and nearly $15 billion of economic benefit. The BDO Zone Initiative can help the U.S. realize this potential by supporting new market development for American bioenergy, advanced biofuels, biobased heat and power, bio-materials, and clean hydrogen.
About Char Technologies
CharTech Solutions develops and delivers innovative environmental technology solutions that eliminate water pollution and convert challenging waste streams into renewable and valuable outputs, helping its clients to embrace the circular economy. As CHAR’s technology EPCM (Engineering, Procurement, Construction and Management) group, CharTech Solutions designs and delivers turnkey water and high temperature pyrolysis projects. With core competencies of process engineering and project management, CharTech Solutions specializes in delivering innovative service and technology solutions that are environmentally sustainable and cost-effective.
For more information about CharTech Solutions, visit chartechnologies.com. To connect directly with Andrew Friedenthal, Business Development Manager, please email afriedenthal@chartechnologies.com.
About The BDO Zone Initiative:
The BDO Zone Initiative (www.bdozone.org) is an economic development platform that enables local communities to deploy powerful economic development tools – BDO Zone Ratings – to achieve the goal of driving, accelerating and catalyzing biobased investment and commercial project development in BDO Zone designated regions for new biofuel, renewable chemical, biogas and bioproduct plants. BDO Zone ratings do this by carrying out credible technical evaluations on feedstock and infrastructure risk, and then enabling communities to effectively and easily signal and promote key feedstock and infrastructure “success” characteristics valued by biobased developers and investors around the world.
‘AA’ or ‘A’ rated BDO Zones identify the best areas for low-risk bioeconomy project development. BDO Zone ratings enable distressed communities to add capacity to support deployment of innovative technology and infrastructure, and this drives regional economic development to areas where poverty has been persistent for generations, harnessing natural resources to support biobased manufacturing and renewable energy production.
BDO Zones have the ability to move the needle on job creation, decarbonization, and social justice. By achieving the goal of 1,000 BDO Zones in four years across the US, this Initiative has the potential to create over 160,000 clean jobs, reduce green house gas (GHG) emissions by 2.59%, and provide $30,000,000/year into the local economy.
The BDO Zone Strategic Alliance Partnership is divided into four groups: Capital Markets Partners, Project Partners, Technology Partners, and Supply Chain Partners.
For more information on the BDO Zone Initiative, please contact info@bdozone.org.
About Ecostrat
Ecostrat led the USDOE/BETO funded project to develop the new investment Standards and Ratings for Biomass Supply Chain Risk. Its Biomass Supply Group has over 25 years of experience in sourcing and supplying over 5 million tons of biomass feedstock for bioenergy, biofuel, and biochemical projects across North America. Its Advisory Group combines the BSCR Standards with powerful predictive analytics to understand and minimize supply chain risk.
Jordan Solomon is Chairman of the BDO Zone Initiative and President of Ecostrat. He has overseen development and operation of biomass supply chains for over 5,000,000 tons of feedstock over two decades for bioenergy, biofuel, and biochemical projects.
Jordan Solomon can be reached at jordan.solomon@ecostrat.com.
For more information on Ecostrat, visit the company’s website at www.ecostrat.com/standards.