Currently, BSP is planning to use a different kind of bio-mass as a use of alternative energy. The company has been recognized by the Abbotsford-Mission Times for its work to build $17.5 million power plant which would be used to power heat and electricity to greenhouses in the area. BSP also said that it has already signed a twenty year agreement with local greenhouse operators to provide heat and carbon dioxide.
The name change symbolizes the Company’s new direction and better positions us for expansion in the bio-mass alternative energy area. We feel that our name better reflects the business strategy that Biomass Secure Power, Inc. has planned for the coming months, stated Jim Carroll, chief executive officer of BSP.
