Cirque Energy executed a Joint Development Agreement with Cat Cay Yacht Club, a private island, in the Bahamas, for the development of a $2 million renewable energy generation facility, using Cirque Energy’s deployable gasification unit technology. The operation will process the island’s solid waste into syngas fuel using Cirque Energy’s gasification and cleanup technology to offset diesel fuel to power an engine generator set.
The agreement tentatively calls for Cirque Energy to provide a 600 kW dual-fuel generator, a deployable gasification unit module, and a fuel-handling module. The facility will be designed, constructed, operated and maintained by Cirque Energy and can provide in excess of 25 years of service. The partners may execute a power purchase agreement with an initial term of 10 years.
The energy facility will provide an average base load generation of up to 600 kW per hour at 90 percent availability for an annual delivery of up to 4,700 MWh of baseload renewable energy for Cat Cay.
The energy facility is expected to be placed in service during the first quarter of 2016.