Today it was announced that Clenergen Corporation India Private Limited, a wholly owned subsidiary of Clenergen Corporation, has agreed on the terms to acquire a 1.5MW/Hr biomass power plant in Namakkal, Tamilnadu, which will be operational by yearend 2009.

Recognized as one of India’s National Demonstration Projects, the plant was shut down in 2007 due to operational cash flow constraints and its inability to remain profitable at a low tariff rate. However, under a Power Purchase Agreement between Power Trading Corporation of India Limited (PTC) and Clenergen India Private Limited, a higher tariff rate has now been agreed.

The unit is expected to generate net revenue of approximately US$1 million in its first year of operation. During the first phase of its operations in India, Clenergen will ramp up the capacity of this power plant to 10MW/Hr while installing two new biomass

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., developer of innovative clean energy generation systems, has created a way to produce power, steam, hydrogen, and various other useful products, all through the use of advanced gasification and steam technologies. Instead of dealing with the issue of energy resources – specifically biomass processing – by simply applying engineering principles, Clenergen approaches it from an agronomy/microbiology and plantation management perspective. By so doing, the company is able to deliver a standard, uniform virgin biomass on a commercial scale, at regular intervals, for use in the generation of electricity.

The electricity is generated using proven gasification technology, which disintegrates the biomass releasing syngas. This can then be combusted to power gas turbine generators, or can be burned to release all tar while producing steam to run the turbine generators. The high levels of efficiency and energy conversion produces a consistent source

Solanex Management Inc., a Nevada company specializing in the application of steam technologies, offers a unique way to help the industry and the environment. The company has obtained the right to manufacture, market, and sell what is called the Thermal Destructor, a self-contained, mobile system for the cleaning of sites, such as abandoned oil well sites, contaminated with hydrocarbons. The product consists of a high-efficiency combustion chamber, together with an advanced air scrubbing system that effectively breaks down all hydrocarbon residues by combusting them, returning sterile, cleaned soil and clay back to the environment. Solanex provides the technology for site cleanup services through an agreement with ecoTECH Waste Management Systems.

In addition, the company also offers the oil industry a Steam Injection System, being developed for use in the oil sands and shale-heavy oil mining industry. It utilizes knowledge gained from the development of the Thermal Destructor to create an