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Article: ThermoEnergy & Babcock Power Form New Company to Develop and Commercialize a New Clean Coal Carbon Capture Technology.

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PR Newswire
Article date:
February 26, 2009
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LITTLE ROCK, Ark., Feb. 26 /PRNewswire-FirstCall/ -- ThermoEnergy Corporation ("ThermoEnergy" - OTC Bulletin Board: TMEN), and Babcock Power Inc. of Danvers, Massachusetts announce the formation of a limited liability company to be called Babcock-Thermo Carbon Capture LLC, to develop and commercialize a new and advanced carbon capture power plant design. Since entering into a MOU in April of 2008, the two companies have worked together to further advance the ThermoEnergy Integrated Power System ("TIPS") technology and will now formally join forces to develop subsystems and designs for pilot plant application.

This patented new technology represents a totally ...

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