Modoc County Board of Supervisors Selects Receivable Acquisition & Management Corporation for Clean Energy Project
January 05, 2017 at 06:15 pm IST
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Receivable Acquisition & Management Corporation has been contracted by the Modoc County Board of Supervisors to supply its PwrCor engine as part of a demonstration project that will convert ultra-low-grade heat into electricity. The heat will be obtained from a geothermal well or hotspring. Once the installation is completed, the resort should no longer have to rely solely on or pay for utility power, and will have free, clean, "green" electrical power furnished by the PwrCor engine. CSE will be paid directly by Modoc County from funding that was arranged via a grant from the California Energy Commission, with CSE responsible for certain project expenses. The mission of the California Energy Commission includes supporting the use of alternative energy sources, which the PwrCor technology will accomplish.
PwrCor, Inc. (PwrCor) is a cleantech energy technology company. The Company is developing advanced, novel solutions in the waste-heat-to-energy, geothermal, clean water, hydrogen production, and other markets. With its heat conversion technology, it is able to produce cost-effective mechanical or electric power from wasted heat-from low-grade heat in the 250 to 400 F range down to ultra-low temperatures in the 140 to 250 F range. PwrCor technology can be used to convert low levels of heat from any source, including industrial, geothermal, or solar, into sufficient mechanical power to drive reverse osmosis equipment wherever there is access to water, including sea water, without even having to produce electricity. PwrCor technology is also positioned to facilitate the Energy Transition initiative by creating power from heat generated in the production of Hydrogen and Ammonia, as well as from fuel cells, thereby reducing cost of operations.