HG&E signs up ESG Clean Energy for micro-CCS project
Massachusetts-based power plant manufacturer ESG Clean Energy has clinched a deal to provide carbon capture and storage systems to a 4.2 MW micro-generation project powered by natural gas, under development by municipal energy distributor Holyoke Gas & Electric, ESG said September 8.
The two companies have entered into a power purchasing agreement, under which ESG will supply carbon capture technology to capture almost 100% of CO2 emissions from the new power plant, equating to over 15,000 metric tons/yr.
Holyoke Gas & Electric is headquartered in Holyoke, Massachusetts and is owned by the local municipal government. It currently has around 18,000 power customers with a summer peak load of around 75 MW.
Project financing for the new power plant will be provided by Colliers Funding, a subsidiary of global investment management and real estate services firm Colliers.
ESG has worked with Holyoke Gas & Electric previously, having supplied a carbon capture facility for a 3.9 MW generation plant also situated in Holyoke. Its website lists a total of five power purchase agreements for production sites in Massachusetts, all ranging up to 4.4 MW of capacity.
Nick Scuderi, president of ESG Clean Energy, said: "We are pleased to begin planning our second carbon capture power generation system in Holyoke with HG&E and make that project a reality.
"With our first project now generating power, we are excited to kick off the second project and advance our technology.”