Green Markets: ThermoEnergy Inks NYC Contract
July 7, 2010 (FinancialWire) — ThermoEnergy Corp. (OTC: TMEN) said that it has entered into a $27.1 million contract with the City of New York to deploy an ammonia recovery system at the city's 26th Ward Wastewater Treatment Plant situated on Jamaica Bay.
Work on the project began this week, according to the company. Once in full operation, the company's CASTion Ammonia Recovery Process will prevent around 2.4 million pounds of ammonia from entering Jamaica Bay each year, helping the City to achieve its goal of improving the health of Jamaica Bay as outlined under New York City Mayor Michael Bloomberg's Jamaica Bay Watershed Protection Plan.
Ammonia is a major source of excess nitrogen in a number of U.S. waterways. Excess nitrogen creates algae blooms that rob oxygen levels in water once the algae dies and decays. The CASTion ARP process will be used to treat the 26th Ward wastewater treatment plant's ammonia-laden, internal recycle stream called "Centrate." When operational, the ARP facility will treat 1.2 million gallons of water per day.
Massachusetts-based ThermoEnergy, with its subsidiary CASTion, is a technologies company engaged in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies.
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