Forsite moves forward with ReVenture Park

Along the Catawba River in North Carolina, US, commercial real estate development firm Forsite Development is currently developing a 20MW biomass plant, for which it has recently finalised some crucial decisions.

The plant will form part of the ReVenture Park – 667 acres of land, including a solar field, a wastewater treatment facility, energy crop demonstration stands, an ethanol mixing operation and office space for R&D.

Earlier this month Forsite chose ICM to supply the gasification technology for the facility, while Eisenmann Corp. will provide the emissions abatement systems.

‘We have been in an exhausting technology validation process,’ said the president of Forsite Tom McKittrick.

The two systems will enable the plant to reach increasingly stringent mandates, including the US EPA’s boiler Maximum Achievable Control Technology rule. This is expected to be announced in January but could be delayed until April 2012.

The biomass power plant alone is costing $300 million (€228 million) and, with memorandums of understanding signed for municipal solid waste from Mecklenburg County’s residential garbage collection and negotiations in late stages for the sale of electricity, it is the most developed part of the whole ReVenture Park.

Before the waste feedstock is utilised at the plant, it will first be processed at another facility. Located off-site, the processing facility will cost $30 million to build, with the ability to handle around 575,000 tonnes of waste annually. Between 180,000 and 200,000 tonnes of waste will be supplied to the biomass plant, which is to be operated by recycling company FCR Casella.

Forsite is now in the process of engineering work required for the air permit before the plant comes online in 2013.

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