Cirque Energy to supply private island with renewable energy
Under a recently executed joint development agreement (JDA), energy services company Cirque Energy could potentially develop and sell renewable energy to Cat Cay Yacht Club, a private island in the Bahamas.
The renewable energy could be produced using Cirque's 'Deployable Gasification Unit (DGU) technology. The operation will process the island's solid waste into syngas fuel using Cirque's gasification and cleanup technology to offset diesel fuel to power an engine generator set.
The JDA tentatively calls for Cirque to provide a 600kW dual-fuel generator, a deployable gasification unit module, and a fuel handling module. The facility will be designed, constructed, operated and maintained by Cirque and can provide in excess of 25 years of service. The JDA presents an opportunity for Cirque and Cat Cay to execute a power purchase agreement with an initial term of 10 years.
'Our DGU energy facility will provide an average baseload generation of up to 600kW of power per hour at 90% availability for an annual delivery of up to 4,700MWh of baseload renewable energy for Cat Cay,' says Richard Fosgitt, executive VP for engineering and technology at Cirque Energy.
The estimated capital requirement for the project is over $2 million (€1.8 million) and the energy facility is expected to be placed in service during the first quarter of 2016.