D'Arcinoff Group Consortium Announces $4.6 Billion
Alternative Fuel Project In Hudspeth County, Texas
Increased Domestic Fuel Production, Jobs Creation
WASHINGTON, D.C. (March 19, 2013) -- D'Arcinoff Group, Inc. and its consortium partners announce they will deploy the first phase of the $4.6 billion D’Arcinoff Group Energy Program (DGE), an integrated synthetic fuel, power generation and distribution project. D’Arcinoff Group expects to install this 40,000 barrel-per-day alternative fuel facility in Hudspeth County, Texas, to be operational by the end of 2016.
The DGE is an environmentally clean, natural gas and biomass to liquid fuel and power generation initiative. The project will harness the carbon emissions from electric power generation and integrate them with renewable energy resources to produce drop-in, low emissions transportation fuels.
According to Michael C. Darcy, Chairman and Chief Executive Officer, D'Arcinoff Group, “Our project will enhance domestic fuel supplies, produce clean affordable energy and support significant U.S. job creation. DGE will later bolster clean power generation availability by delivering large-scale power from remote locations to urban areas without being reliant on conventional high-voltage electric transmission lines.”
DGE will feature numerous milestones, including the world’s first large scale mobile offshore reserve seawater desalination facility; one of the nation’s largest construction management projects; and the world’s largest electrolysis plant ever constructed.
DGE consortium partners include an array of multi-national and domestic corporations, government and non-government organizations, and unions who will provide the innovative equipment, services and personnel for the DGE project. Partners include:
· TheBuilding and Construction Trades Department, AFL-CIO: Highly qualified facility construction labor force.
"Building and Construction Trades Department, AFL-CIO, thus tapping into a nationwide network of the world's safest, most highly trained and productive workforce to effectively construct this project in a remote region."
Sean McGarvey, President; Building and Construction Trades Department, AFL-CIO, Washington, DC
· CoolEarth Solar: Deployment of solar power plants in large scale, at an electric utility grid competitive price of $2 per watt or 8¢ per kWhr.
"We can deploy solar power plants in large scale that produce electricity at a utility grid competitive price of less than 8¢/kWh."
Rob Lamkin, CEO, Cool Earth Solar, Inc., Livermore, California.
· D’ArcinoffGroup: Project creator, and investment and alternative technology development company.
“Our project will enhance fuel supplies, produce clean affordable energy and support significant U.S. job creation. DGE will strengthen clean power generation availability by delivering large-scale power from remote locations to urban areas without being reliant on conventional high-voltage electric transmission lines.”
Michael C. Darcy, Chairman and Chief Executive Officer, D'Arcinoff Group, Washington, D.C.
· InternationalOrganization of Masters, Mates & Pilots: Personnel to operate desalination vessels, thereby providing jobs for American seagoing personnel.
"This project offers the United States maritime industry a unique and significant opportunity to start the use of desalinization vessels operating under the U.S. flag with U.S. crews. It will provide jobs for American seagoing personnel, adding to the civilian maritime manpower base needed by the U.S. Department of Defense in time of war or other international emergency."
Don Marcus, Secretary-Treasurer, International Organization of Masters, Mates & Pilots, Linthicum Heights, Maryland
· GE: LM6000 and LM2500 aeroderivative gas turbines, hydropower generating equipment and seawater desalination operations and maintenance. The gas turbines will use GE’s Dry Low Emissions multi-fuel technology to significantly reduce emissions for the projects onshore and off shore power requirements.
“By using GE’s Dry Low Emissions multi-fuel technology, GE’s gas turbines significantly reduce emissions for the projects onshore and offshore power requirements.”
Brien Bolsinger, Vice President, GE Marine, Cincinnati, Ohio
· HudspethCounty, Texas and Dennis and Becky Walker: Project host, and current owner of the Walker Ranch a 10,000+ acre property, respectively. The D’Arcinoff Group recently signed an agreement to acquire the Walker Ranch, the first of several properties in the county to be used for the project.
“This project will bring critical jobs and economic development to Hudspeth County that meets local needs and allows the County to take a direct role in helping the rest of the country.”
Judge Mike Doyal, Hudspeth County, Texas
“Our family is excited to take part in implementing this innovative project in West Texas.”
Becky Walker, current owner of the DGE property, Hudspeth County, Texas
· NEL Hydrogen: Water electrolyzer technology to balance and improve efficiency of integrated fuel power production at the DGE project.
“We have been engaged in several pre-studies worldwide for similar projects, and are excited that DG now will be the first to realize a renewable fuel project of this size. Using our water electrolyzer technology will ensure environmentally friendly hydrogen production, and will be the largest electrolysis plant ever constructed, setting the example for future renewable hydrogen production facilities.”
Torgeir Meland Landaas, CEO, NEL Hydrogen, Sandefjord, Norway
· STXCanada Marine: Desalination ships will represent the first large scale mobile offshore reverse osmosis seawater desalination facility in the world. This facility will be able to cost effectively produce more than 19 million gallons of clean water per day.
"Making sure that the DGE project, sited in such a remote and dry location in Texas, will have all the water it needs requires innovative answers to growing problems of water supply. The reserve water for the project will be achieved by using the first large scale mobile offshore reverse osmosis seawater desalination facility in the world. This facility will be able to cost effectively produce over 19 million gallons of clean water per day.”
David McMillan, president of STX Canada Marine, Vancouver, part of STX Offshore & Shipbuilding
The D'Arcinoff Group, Inc. (www.darcinoff.com) is a privately-held U.S. owned investment and alternative technology development company based in the Washington, DC area. It is comprised of veterans of the transportation, defense and energy industries who leverage strong relationships with industry participants to promote strategic synergy and create competitive advantage.
202 463-6201 Ext. 705