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AACT extends algae pact with lumber company
May 3, 2013
ig Fork (Montana) Eagle reports that Algae Aqua-Culture Technology, of Whitefish, Montana, has signed a 10-year lease extension, as well as operating and supply agreements with F. H. Stoltze Land & Lumber Company of Columbia Falls. The agreements provide a long-term working relationship with Stoltze at AACT’s Columbia Falls Green Power House.
AACT integrated bioprocessors consume waste heat and carbon dioxide to produce renewable energy and organic soil amendments. The company’s bioprocessors are housed in a state-of-the-art greenhouse structure called the Green Power House™, or GPH. The GPH is a self-sustaining, self-managing greenhouse that can be used for the year round production of organic food in virtually any climate. AACT operates the green house at the Stoltze lumber mill property and has plans to build additional greenhouses at the site.
Algae Aqua-Culture Technology takes waste woody biomass and together with algae generates heat, fuel, and an array of organic fertilizing soil amendment products using a self-sufficient and carbon-negative closed loop process that mimics nature and generates no waste. “Stoltze has been a supporter of this project from its beginning and we are extremely fortunate to have them as a partner,” said Michael Smith, Founder and CEO of Algae Aqua-Culture Technology. “Stoltze’s commitment to the environment is evidenced by their continued support of the GPH and its ability to reclaim certain elements from waste.”
Chuck Roady, Vice President and General Manager at Stoltze, said, “We are very pleased to be able to support the efforts of Algae Aqua-Culture Technology. We believe in the environmental benefits underlying the technology, particularly the ability to help restore the planet’s natural carbon cycle.”
The Montana Department of Environmental Quality Energy Office awarded Algae Aqua-Culture Technology $500,000 in grant funds through a competitive solicitation to build the company’s first green power house biorefinery at the Stoltze site. Construction began in November, 2010. The federal grant was funded through the American Recovery and Reinvestment Act.