SEER’S MV TECHNOLOGIES RECEIVES APPROXIMATELY $1.75MM OF BIOGAS SYSTEM CONTRACTS FOR FOUR US RENEWABLE NATURAL GAS PROJECTS
Strategic Environmental & Energy Resources, Inc. (SENR) has secured over $1.75MM in new purchase orders for its proprietary H2S removal systems, aimed at enhancing renewable natural gas (RNG) projects across the U.S. This includes a $220,000 contract for a Wisconsin dairy processor and a $470,000 system for a Minnesota dairy farm. Additionally, recent H2S systems for wastewater treatment plants contribute to the company's diverse and expanding portfolio, which now includes approximately $3.5MM in active contracts. SEER emphasizes its commitment to reducing carbon footprints and advancing renewable energy solutions.
- Secured over $1.75MM in new purchase orders.
- Contracts include significant systems for U.S. dairy farms, enhancing RNG production.
- Estimates suggest over $350,000 annual use of proprietary media from recent contracts.
- Total active contracts amount to approximately $3.5MM.
- One Canadian project delayed due to COVID-related and supply chain issues.
MV Technologies contracts to design and install its H2S removal systems for four new biogas/RNG system in the US and has outstanding bids valued at approximately $3.5MM for additional systems worldwide.
BROOMFIELD, CO, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), a provider of environmental, renewable fuels and industrial waste stream management services, has recently received multiple purchase orders totaling more than
The first contract, for approximately
An order for a second system, valued at approximately
These projects are strategic additions to the numerous agricultural biogas projects already in MV Technologies’ portfolio. “The dairy industry continues to expand its RNG production and MV’s multiple systems currently installed and operating at some of the nation’s largest agricultural biogas projects underscores the efficacy and success of SEER’s biogas treatment technology,” said Tom Jones, President of MV.
While dairy-based RNG projects vary in size, scope and function, most rely on a closed-loop system that continuously recycles products, byproducts and resources on the farm for cost savings and efficiency. “Since all of these new operations across the country must condition the raw biogas, this trend bodes well for MV and its proven H2S removal technology and medias,” said Jones.
MV also recently received a ~
Finally, a fourth purchase order, valued at approximately
While difficult to predict with certainty due to operational variables, it is estimated the four systems will use more than
The progress of MV’s two recent Canadian orders is going well with one nearing completion and the other delayed due to Covid related issues and supply chain factors in Canada.
The recent purchase orders and installations bring MV’s total installed nationwide base of operating systems to well over 100 and, once again, confirm the efficacy and efficiency of the Company’s proven technology. “We continue to see growth in MV and are proud to have been selected as the H2S removal technology for these projects which reduce our nation’s carbon footprint, create renewable energy and have an overall extremely positive impact on our global environment,” said SEER CEO, John Combs. “With its many effective and successful installations of its MV technology solutions throughout North America, SEER is now well established as a growing ESG portfolio company in a rapidly growing sector. MV now has approximately
About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), identifies, secures, and commercializes patented and proprietary environmental clean technologies in several multibillion dollar sectors (including oil & gas, renewable fuels, and all types of waste management, both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment. SEER has two wholly-owned operating subsidiaries: MV Technologies, LLC and SEER Environmental Materials, LLC; and two majority-owned subsidiaries: Paragon Waste Solutions, LLC; and PelleChar, LLC. For more information about the Company visit: www.seer-corp.com.
Forward Looking Statements
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Contact Information:
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FAQ
What recent contracts has SENR secured related to H2S removal systems?
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