Ze-gen, a company which has a process for converting municipal waste into electricity, has raised $2.5 million to fund construction of its first full-scale plant.
Pinnacle Ventures on Thursday said it will provide the debt financing, which will be used to develop a commercial plant. Ze-gen's pilot plant opened in the middle of last year in New Bedford, Mass.
Ze-gen developed a process to turn municipal solid waste into electricity, which you can sell onto the grid or to an on-site consumer.
Through gasification, it turns waste into syngas--a combination of carbon monoxide, carbon dioxide, and hydrogen--which is … Read more