As per the terms of the agreement, Bluesphere will convert 100-200 tons of organic waste supplied by Organic Waste Management into electricity at its plant which is slated for construction later this year.
Located in Johnston, Rhode Island, the proposed 3.2MW biogas plant will generate electricity from organic waste and renewable resources.
The electricity generated at the plant will be sold to electric companies under long-term power purchase agreements.
Bluesphere CEO Shomi Palas said that not only is Organic Waste Management interested in supplying the company’s Rhode Island biogas plant with waste, but also discussing other business opportunities, including additional anaerobic digester plants in Massachusetts, where, effective in October 2014, there will be a ban on dumping organic waste in landfills for certain, larger producers of waste.
"Our ability to connect and do business with companies such as Organic Waste Management is crucial to our Rhode Island plant and future growth in New England," added Palas.
