Collaborative Technologies has agreed terms to a multi year renewable energy agreement with a US based car rental agency for the purchase of high-quality carbon credits generated by projects utilizing its revolutionary TRM
HENDERSON, NV, March 26, 2018 /24-7PressRelease/ — In an announcement, the company said that it had agreed terms to a multi year renewable energy agreement with a US based car rental agency for the purchase of high-quality carbon credits generated by projects utilizing its revolutionary Transonic Reaction Mill (TRM) as part of a program to achieve net-zero emissions in the car rental industry.
Ronen Hazarika, Managing Partner at Collaborative Technologies, LLC made the following comments, “We’re happy to achieve another milestone in our pursuit of aggressive revenue generation and growth. Our TRM technology creates both economic opportunity and positive environmental impact to make a difference in the future of our planet and to support communities that are some of the world’s poorest and are disproportionately impacted by climate change.
Utilizing our TRM and biocatalyst technology to process Palm Kernel Shell (PKS) and Empty Fruit Bunch (EFB) so that it is suitable for use in the power generation sector, we are able to generate high quality carbon credits through rigorous environmental standards and provide economic and social benefits to local communities. We hope to announce further significant renewable energy purchase agreements in the near future, especially in the aviation and automotive sector. Corporations want to take an active role in sustainability, not only because it’s prudent for their business, but because they believe in making the world a better place for future generations. Collaborative Technologies, through the backgrounds of its founders, is in a unique position to foster innovation, advance research and market sustainable solutions.”
Collaborative Technologies LLC is a is a leading supplier of alternative energy solutions and innovative energy technologies that provide customers with energy and emission reductions at zero or minimal capital cost compared to existing technologies.
Based in the United States, Collaborative Technologies works with technology groups to in-license synergistic technology with its core milling and drying technology, which is the first commercially available advancement in particle size reduction and moisture control in over 100 years. Collaborative Technologies provides customers in the food, agricultural industrial, mining, chemical and pharmaceutical industries with technology that offers enhanced product value creation and also energy and emission reductions with minimal capital cost compared to existing technologies. Collaborative Technologies has a strong customer base in the United States and is expanding it’s operations globally.
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