Clenergen Corp. is focused on installing, owning and operating small to medium-sized distributed environmental power systems (DEPS) which will sell power to companies, power grids and local municipalities around the world.

The company is looking to produce a renewable and sustainable source of electricity through advanced gasification technologies. Clenergen is unique in the biomass energy industry in that their goal is to power their power plants using biomass crops which they will produce on a commercial scale at a cost of production similar to the cost of coal. The company will do this by using high-density, short-rotation biomass crops such as bamboo and the Marjestica tree.

With regard to their biomass production, Clenergen has taken on a sublease of 150,000 acres of savannah grasslands in the South American nation of Guyana. In Guyana, there will be plantations of bamboo and Marjestica undertaken

Clenergen Corporation has taken a unique approach to the problem of using biomass as fuel for power production facilities. The company has approached the issue from an agronomy and plantation management perspective rather than solely from an engineering perspective. Clenergen has achieved the ability to deliver a standard, uniform virgin biomass on a commercial scale at regular intervals over a long period of time.

The company has contractually secured access to the feedstock required for cultivation. One feedstock is a species of grass named ‘Beema Bamboo’ which has been developed and test planted for Clenergen by its partner Growmore Biotech Limited from India. The plant is a perennial with a life span of 50 years and the harvestable biomass yield ranges from 20 million tons per acre in the second year to 60 million tons after four years of cultivation.

A second feedstock

Clenergen Corp. is a biofuels company that is approaching the sector from a different perspective – from an agronomy/biology and plantation standpoint. The company’s goal is to produce high-density, short-rotation biomass crops on a commercial scale which will then be used to power, steam and perhaps produce other products from advanced gasification and steam technologies.

The company is led by an eminent Board of Directors and Advisors. Here is a brief overview of the members:

Dr. Arvind Pandalai – Non-Executive Group Chairman

Dr. Pandalai has 32 years of experience in international trading, export and import management, joint ventures, project and financial management along with strategic planning. He has numerous prestigious management awards in his native India.

Robert Kohn – Non-Executive Vice-Chairman, North America

Mr. Kohn has been chairman/CEO, president/COO, and co-founder of three start-up public companies, with a combined market cap of over $1.5 billion.

Clenergen Corp. has developed a unique system of co-gasification and localized plantation management using proprietary and mixed biomass feedstocks to implement sustainable supplies of clean energy to regional, independent clients and national electric grids. The “distributed environmental power system” or DEPS combines significant proprietary advancements in plant science with proven, long-standing engineering technologies to achieve the goal of renewable and sustainable supplies of electricity.

Clenergen has an absolutely outstanding group of scientific advisors and non-executive directors to guide them on a path to future success. Here is a brief overview of the group:

Dr. N. Barathi – Biotechnology Science Advisor

Dr. N. Barathi has 25 years of experience in plant propagation by tissue culture and cultivation of plants. He has conducted research in bamboo for the past 10 years and identified an ideal bamboo clone for energy plantation and standardized agronomical management and agriculture

One Natural Gas Company Worth Looking Into… Now And Later

Tony Daltorio, Investment U Research

These days, the US natural gas market finds itself weighted down by doom and gloom.

With North America choking on the stuff and underground storage of natural gas potentially approaching 4 trillion cubic feet, pundits keep saying that the market will see prices plunge to $2 per million BTU, where it will stay for years.

To contrarian investors such as myself, that type of talk couldn’t sound any more sweet…

Despite the gloom, we can still see a few glimmers of light in the natural gas market, such as drilling grinding to a multi-year low, barely a year after reaching its all-time high. Or the fact that some producers have voluntarily reduced output, deeming the present value of gas in the ground superior to current prices.

One way or another,

Clenergen Corp.’s CEO Mark Quinn announced today that the company has signed a 90 year lease for 5,000 acres of land and the option rights to buy 145,000 more in the Co-operative Republic of Guyana in South America. The company will be using this land to cultivate fast growing micro-propagated elite strains of Paulownia for producing wood chips (biomass) for the production of clean electricity in the USA and Europe.

According to the press release, Clenergen secured the long lease of land after extensive research and development into various forms of feedstock for the purpose of generating clean electricity directly cultivated from plantation sources.

Mr. Quinn commented, “On a conservative estimate of 40 tonnes of biomass per acre, the company projects an annual supply of 6 (six) million tonnes by 2016. With the overwhelming demand for coal fired power plants to blend biomass

Atlantic Tele-Network is an international telecommunications company that is headquartered in Salem, Massachusetts. Providing voice and data communications into and out of Guyana through fiber optic cables, they are the largest cellular provider in that country.

Through Commnet Wireless, LLC, they are able to provide voice and data roaming services in rural areas of the United States. Reaching into Bermuda they have achieved great success through Bermuda Digital Communications, Ltd., and are able to provide state of the art mobile voice services through their network, including mobile broadband services.

Throughout New England and Vermont, they have provided their customers with facility based integrated voice and broadband data communication services. These services are made possible through their subsidiary Sovernet Communications, Inc.

The Virgin Islands have also brought great success to the company. Through its subsidiary Choice Communications, LLC, they provide wireless digital cable television services, wireless broadband services,

The bigger board resource stocks continued to ascend to higher levels but the more junior exploration stocks fell victim to a lack of buyers during Monday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange added 0.84%, while the TSX Gold Index tacked on 0.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.54% with the decliners edging out the advancers by a 443 to 342 margin on 161 million shares traded.

North American Tungsten is temporarily suspending production form its CanTung tungsten mine in the Northwest Territories starting October 15 due to declining prices. North American ended the day down C$0.035 at C$0.125.

Fortress Minerals cut 40 metres of 3.68 grams gold per tonne at its Amy prospect in Russia. Fortress ended the day up C$0.03 at C$0.35.

Centamin Egypt has poured its first gold from the Sukari Hill gold mine

With the prospect of 30 million pounds of uranium evaporating from the supply lines four years hence, Blackmont Capital research analyst George Topping sees sovereign stockpiling already beginning to make itself felt on the demand side of the equation. In this exclusive interview with The Energy Report, George says he sees the price nudging up to $65 by the end of this year, then to $70 in 2010, $80 in 2011 and $100 within five years.

The Energy Report: Let’s begin with some of your thoughts about uranium. Almost two years ago, spot prices hit a record $137 per pound. A year ago—well before the bottom fell out of virtually all the markets—the spot price dropped by nearly half, to the neighborhood of $70. You focus a lot of your attention on uranium. How do you see its future shaping up?

George Topping: The situation right now is you’ve got the spot …

George Topping, a research analyst specializing in the mining sector at Blackmont Capital, pays closer attention to uranium and copper than he does gold and silver, but in this exclusive interview with The Gold Report, he shares what he foresees: gold flat at $950 per ounce (in real terms) through 2011, copper at $1.80 per pound in two years, and uranium nudging up $100 per pound within five years.

The Gold Report: Let’s begin with some of your thoughts about uranium. Almost two years ago, spot prices hit a record $137 per pound. A year ago—well before the bottom fell out of virtually all the markets—the spot price dropped by nearly half, to the neighborhood of $70. You focus a lot of your attention on uranium. How do you see its future shaping up?

George Topping: The situation right now is you’ve got the spot price down at about $43 a pound …