By Katie Fletcher, Biomass Magazine.
Bluesphere Corporation recently issued a letter to shareholders discussing results from 2014 and the first few months in 2015, focusing on the development of its projects in the waste-to-energy (WTE) sector. The company set out two critical missions in 2014, to first bring its North Carolina and Rhode Island biogas projects to full financing, in order to be shovel ready in 2014, and to second develop a pipeline of more lucrative projects in the WTE sector.
In 2014, the company increased its number of projects in the U.S., and initiated efforts in Europe and Israel. Highlights of the year include the execution of a binding memorandum of understanding (MOU) on a new anaerobic digestion (AD) project in the Boston area in June. This was followed in December with commencement of construction on both the North Carolina and Rhode Island biogas plants.