Technology

ESG Clean Energy Provides Exclusive IP License to Viking Energy for Use of Carbon-Capture System in all of Canada

Patented System Designed to Capture ∼ 100% of CO2 & Produce Saleable Commodities

September 09, 2021 12:40 PM Eastern Daylight Time

WEST SPRINGFIELD, Mass.–(BUSINESS WIRE)–ESG Clean Energy, LLC (“ESG”), developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, announced today it has signed a licensing deal with Viking Energy Group, Inc. (“Viking”) (OTCQB: VKIN), a majority-owned subsidiary of Camber Energy, Inc. (NYSE Amex: CEI), for exclusive rights to use ESG’s CO2-free power generation technology in all of Canada.

The agreement allows Viking to use ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide. The license is exclusive for all of Canada (unlimited number of systems), and non-exclusive for up to twenty-five locations in the United States.

The ESG Clean Energy System is designed to generate clean electricity from internal combustion engines and utilize waste heat to capture ⁓ 100% of the carbon dioxide (CO2) emitted from the engine without loss of efficiency, and in a manner to facilitate the production of precious commodities (e.g. distilled/ de-ionized water; UREA (NH4); ammonia (NH3); ethanol; and methanol) for sale.

“Securing a license arrangement on this scale is a major milestone for ESG Clean Energy,” said Nick Scuderi, president of ESG Clean Energy. “This agreement enables ESG to not only expand our power generation business, but also allows us to provide more effective energy solutions outside the United States by leveraging the experience, expertise and relationships within the entire Viking and Camber organization.”

The ESG system is truly unique with its ability to create a Net Zero carbon outcome from a conventional, natural gas, internal combustion engine without loss of efficiency.

Exhaust gas contains a significant amount of water vapor and CO2 as naturally occurring byproducts of the combustion process. By separating those two elements, the ESG system can produce distilled water and other commodities.

As a result, Net Zero Carbon Footprint power production is achieved.

Besides electrical power generation, the ESG system can also be utilized in a number of different environments, including:

• Plastics Recycling Operations – Can be made more affordable and safer for the environment by providing low-cost, CO2-free heat that is critical to its processing.
• Nitrogen Removal – Can be done more efficiently and cleanly. Nitrogen can cause algae blooms in wastewater treatment plants and is a risk to human health, so its removal has become an emerging, worldwide concern.
• Stranded Natural Gas Wells – Can be effectively converted from non-operating revenue producers to operating revenue producers by incorporating the ESG system into its production process.
• Microgrids – Can be made more reliable in times of emergency with the distributed power abilities of ESG power generation when regional grids go down.
• Data Centers – Can provide large data centers with clean low-cost energy in a relatively small package
• Crypto Mining Operations – Can meet the energy demands of crypto mining operations without emitting carbon dioxide into the atmosphere.

Original Article

Camber Energy Secures Exclusive IP License for Patented Carbon-Capture System

CEI

System Designed to Capture ⁓ 100% of CO2 & Produce Saleable Commodities

HOUSTON, TX / ACCESSWIRE / August 24, 2021 / Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”) is pleased to announce its majority-owned subsidiary, Viking Energy Group, Inc., entered into an Exclusive Intellectual Property License Agreement with ESG Clean Energy, LLC (“ESG”) regarding ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide (the “ESG Clean Energy System”). The license is exclusive for all of Canada (unlimited number of systems), and non-exclusive for up to twenty-five locations in the United States.

The ESG Clean Energy System is designed to generate clean electricity from internal combustion engines and utilize waste heat to capture ⁓ 100%of the carbon dioxide (CO2) emitted from the engine without loss of efficiency, and in a manner to facilitate the production of precious commodities (e.g. distilled/ de-ionized water; UREA (NH4); ammonia (NH3); ethanol; and methanol) for sale.

James Doris, President and Chief Executive Officer of Camber, commented, “In my view this transaction positions us as an industry leader in terms of being able to assist with the power generation needs of commercial and industrial organizations while at the same time helping them reduce their carbon footprint to satisfy regulatory requirements or to simply follow best ESG-practices. We are excited to be able to use the platform of Simson-Maxwell Ltd., our recently acquired majority-owned subsidiary, to promote the ESG Clean Energy System.”

In addition to electrical power generation, the ESG Clean Energy System is designed to be utilized within a number of different environments, including:

• Plastics Recycling Operations
• Nitrogen Removal
• Microgrids
• Data Centers
• Crypto Mining Operations

Additional details regarding the transaction were included in Camber’s Current Report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on August 23, 2021, and is available under “investors” – “SEC filings” at www.camber.energy.

About Camber:

Based in Houston, Texas, Camber Energy, Inc. is a growth-oriented energy company. Through a majority-owned subsidiary, Camber owns interests in oil and natural gas assets in the United States, and provides custom energy solutions to commercial and industrial clients in North America. For more information, please visit the company’s website at www.camber.energy.

Original Article

ESG Clean Energy to Provide Clean, CO2 Free Power to Area Users

July 22, 2021 08:35 AM Eastern Daylight Time

HOLYOKE, Mass.–(BUSINESS WIRE)–ESG Clean Energy, LLC, developers of Net Zero Carbon Footprints and clean energy solutions for distributed power generation, announced today the installation of its first electric generation facility that will produce over 4.2 MW of clean power, emit zero CO2, and use the exhaust to provide low-cost distilled water to local manufacturers.

“A lot of research and development has gone into this new energy system. And as a result, we can now provide a real solution for not only generating clean electricity more efficiently but capturing the CO2 in a manner that the exhaust emits zero CO2 and helps produce precious commodities”

Under a Power Purchasing Agreement with Holyoke Gas & Electric (HG&E), a municipal power provider serving Holyoke, Mass., ESG will utilize a patented carbon-capture system that will enable HG&E to provide low cost energy to its residence while preventing over 15,000 tons of carbon dioxide from entering the atmosphere every year. It will also help boost the reliability of the area electric grid during peak usage times throughout the year.

Installation of two internal combustion engine units began in July at the 1.3-acre site located in Holyoke. The natural gas generators are scheduled for full operation after grid connections are complete.

“A lot of research and development has gone into this new energy system. And as a result, we can now provide a real solution for not only generating clean electricity more efficiently but capturing the CO2 in a manner that the exhaust emits zero CO2 and helps produce precious commodities,” said Olen A. Bielski III, director of business development at ESG Clean Energy. “So it’s exciting to see our first power generation project come to life.”

The ESG Clean Energy power generation system is able to utilize waste heat from a conventional, natural gas, internal combustion engine to drive its carbon dioxide capture technology without loss of efficiency.

Exhaust gas contains a significant amount of water vapor and CO2 as naturally occurring byproducts of the combustion process. By separating those two elements, the ESG system can produce distilled water – and other commodities such as urea, methanol, and recycled plastics – while capturing close to 100% of the CO2.

As a result, Net Zero Carbon Footprint power production is achieved.

Besides electrical power generation, the ESG system can also be utilized in a number of different environments, including:

Plastics Recycling Operations – Can be made more affordable and safe for the environment by providing low-cost, CO2-free heat that is critical to its processing.

Nitrogen Removal – Can be done more efficiently and cleanly. Nitrogen can cause algae blooms in waste water treatment plants and is a risk to human health, so its removal has become an emerging, worldwide concern.

Stranded Natural Gas Wells – Can be effectively converted from non-operating revenue producers to operating revenue producers by incorporating the ESG system into its production process.

Microgrids – Can be made more reliable in times of emergency with the distributed power abilities of ESG power generation when regional grids go down.

Data Centers – Can provide large data centers with clean low-cost energy in a relatively small package

Crypto Mining Operations – Can meet the energy demands of crypto mining operations without emitting carbon dioxide into the atmosphere.

Original Article