TORONTO, Sept. 28 /PRNewswire-FirstCall/ - W2 Energy (Pinksheets: WTWO) is pleased to announce it has begun construction on the first phase of its Sunfilter Algae Reactor plant, for its own Algae to Diesel plant announced on Aug 13, 2009
The first phase will be the completion of 20 Sunfilter units. This phase of the plant has an expected completion date of mid October. The Company will immediately begin construction of the second phase which will be the addition of another 30 Sunfilter units.
The Company anticipates that the plant, once all phases are operational will produce up to 500 gallons of fuel per day. Several companies are advertising that they are attempting to develop this technology to convert Algae to Diesel. W2 Energy has already developed the technology and is demonstrating to the industry that it works by establishing its own unit for demonstration purposes and cash flow.
Once the Sunfilter plant is fully commissioned the company will post pictures on its website as well as a real-time internet camera so shareholders can see the process operate in real-time.
Remember that with a W2 Energy waste to energy plant garbage becomes a Renewable Resource.
W2 Energy trades in the United States on the OTC under the symbol "WTWO". For further information, please contact Mike McLaren at (519) 341 3185 or www.w2energy.com.
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and filings with regulatory bodies.