Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Monday, November 17, 2008

Green Energy Resources Commences Shipment of 20,000 Tons of Hurricane Ike Wood to Twin Oaks, Texas Power Plant

MarketWatch - The Wall Street Journal
Last update: 10:40 a.m. EST Nov. 10, 2008

HOUSTON, Nov 10, 2008 (GlobeNewswire via COMTEX) -- Green Energy Resources Inc. (Pink Sheets:GRGR) commenced shipping 20,000 tons of Hurricane Ike wood to Sempra Energy's Twin Oaks power plant located near Waco, Texas. The 170 megawatt power plant is temporarily switching from coal to wood biomass to be "greener", according to the announcement on the power plant's website. Green Energy Resources is the subcontracted supplier. Green Energy Resources is collaborating on multiple projects nationwide with several strategic partners seeking to gain a major U.S. market share for wood biomass. Green Energy Resources is in the process of procuring upwards of a million or more tons of wood generated throughout the region by Hurricane Ike last September. The Texas market in particular is rapidly growing and expects to add over 250 megawatts of wood powered plants over the next three years.

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