Vegetable Energy Group, LLC announces Massachusetts Green Electricity Initiative
Press Release for Immediate Release- January 18, 2007
Vegetable Energy Group, LLC dba Vee-Go Energy Signs MOU with US Sustainable Energy Corporation, Sustainable Power Corporation, and E2M.org for establishment of green electrical energy consortium in Western Massachusetts
Easthampton, Mass – January 18, 2007 Following more than a year of collaborations with Western Mass elected officials, energy producers, and family farmers in the United States and Canada, Vee-Go Energy CEO Michael Garjian announced the signing, on December 15, 2006, of a Memorandum Of Understanding that outlines the intended establishment in Western Massachusetts of what could be the largest green electrical energy consortium in the Northeast.
The MOU calls for the formation of a green consortium to be owned jointly by United States Sustainable Energy Corporation (www.ussec.us), a publicly traded company (Other OTC: USSE); Vegetable Energy Group, LLC d/b/a Vee-Go Energy; and E2M.org (www.e2m.org). This consortium will work with USSEC affiliate Sustainable Power Corporation (www.sustainablepowercorp.com) to provide both wholesale green electrical energy and generation plants to public and municipal electricity buyers and generators throughout the state. The green electricity will be generated using a revolutionary new biofuel invented after two decades of development, by John H. Rivera, CEO of US Sustainable Energy Corporation (USSE) and Sustainable Power Corporation (SPC).
The Rivera Process is a major advancement for green energy that creates a quality organic-based fertilizer, while also producing unique biofuel and biogas natural byproducts at a very low cost. Unlike other biodiesel alternatives however, the USSEC biofuel has a thermal value similar to petroleum diesel, displays no corrosive behavior, and is resistant to all weather conditions up to -90 degrees Fahrenheit. The Rivera Process also creates three times more biofuel per bushel than any known green fuel alternative, and is ideally suited for use in turbines and power plants.
This week, Vee-Go Energy hosted a USSEC executive delegation, including John Rivera, for meetings with power generators and buyers throughout Western Massachusetts. These included the Hampshire Council of Governments Electricity Program, Lower Pioneer Valley Educational Collaborative Energy Services Program, the Mt. Tom Power Station in Holyoke, and Chicopee and Westfield municipally owned utilities. USSEC and SPC have offered to provide the fuels and equipment that could enable the Mt. Tom Power Station to significantly reduce their current CO2 and other emissions and provide 150 megawatts of new green generation capacity. The consortium has also offered to install smaller 50 megawatt Pratt and Whitney turbine generators in municipal utilities located in Western Mass and throughout the state. The first 50 megawatt plant could be operational in a year if local utilities are able to provide letters of intent or purchase contracts which would enable SPC to begin the engineering and permitting process. The consortium has offered to provide buyers with green electricity at a guaranteed 10% discount below the lowest fossil fuel electricity prices for a term of ten to twenty years.
Vegetable Energy Group, LLC d/b/a Vee-Go Energy
7 Fairfield Ave Studio • PO Box 188 • Easthampton, MA • 01027
Tel: 413-626-1070 • Fax: 413-527-7973 • Email: mg@e2m.org
Vee-Go Press Release
Page Two
January 18, 2007
“Based on what we heard”, stated Garjian, “there exists in Western Mass enough interest in green energy to justify the installation of more than 600 megawatts of new green generation capacity or more than four times the present capacity of the Mt. Tom Power Station in Holyoke.” If buyers are willing to contractually commit to purchase green power, the consortium can move ahead and provide the electrical power or generation facilities. Initially, biofuel would be shipped from USSEC’s 500,000 square foot manufacturing facility on the Mississippi River in Natchez, MS via barge, rail, or jet fuel pipelines. To supplement USSEC’s eventual 1,500,000 gallon per day capacity, Rivera’s biofuel could be produced locally.
To this end, Vee-Go Energy and E2M.org will expand their long time collaboration with the Central Connecticut Cooperative Farmers Association (www.cccfeeds.com), a family farmer cooperative that produces Vee-Go Energy Pellets, a new fuel for pellet stoves. We will help the CCC expand its educational programs to teach family farmers to grow soybeans, crambe, canola and other energy crops throughout the Northeast and eastern seaboard areas. “Our intention is to develop a totally self-sustaining energy infrastructure of family farmers who provide energy crops on a guaranteed profit basis to Rivera Process facilities located in economically depressed areas manufacturing millions of gallons of fuel a month for green electricity generators throughout the state to be sold at lower-than fossil-fuel prices”, Garjian added.
In addition to their meetings with utilities, the delegation presented a seminar for post graduates and faculty at the University of Massachusetts and discussed the creation of academic grants and internships for students committed to the bio-energy field. “Our interest is to see USSE and Vee-Go Energy involve the University of Massachusetts, a leading research institution, as it enters the emerging area of bioenergy sciences”, stated Garjian.
Following the week’s efforts, USSEC personnel attended Senator John Kerry’s 2nd Annual Business Procurement Conference at Northeastern University where the Rivera Process was introduced to conferees including Kerry, Governor Deval Patrick, and Boston Mayor Thomas Menino. Maximus Communications, (www.maximuscommunications.com) the public relations arm of USSEC will be issuing a press release on that event shortly.
As to E2M, it is the designation Garjian, a longtime inventor holding nine worldwide patents, gave to his January 1, 2000 vision of a sustainable “Economic Model for Millennium 2000”. He felt it made little sense to build sustainable business and energy infrastructures in an unsustainable economy so he founded E2M.org to establish the first regional model of sustainable community capitalism in Western Massachusetts then throughout the commonwealth and beyond. E2M.org has garnered the support of elected officials, educators, economists, entrepreneurs, labor leaders, students, and community members. E2M.org’s role is to use its equity ownership and cash flows from its percentage of green electricity sales to create millions of dollars of community wealth for E2M’s Regional Economic Councils (E2M REC’s). The E2M RECs are citizen populated councils mandated under the E2M model to use their community wealth for loans and entrepreneur friendly venture investments to form more E2M Certified businesses who share wealth with their communities to create new entrepreneurial programs and address the community’s most pressing social and environmental needs. E2M.org’s goal is to build a sustainable economic infrastructure where economically powerful communities partner with corporations and governments and where people are more valued than profits. |
