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GrowGreen Power, Inc. poised to bring 300+ jobs to North Carolina

Published on: May 31, 2011

RALEIGH, N.C., May 31, 2011

GrowGreen Power, Inc. (www.growgreenpower.com) today announced, following an intensive nationwide evaluation, it has narrowed the scope of possible locations for its first project to the Piedmont area of North Carolina.

“North Carolina is an ideal spot for us,” said Bradley Nixon, Principal and CEO of GrowGreen Power. “GrowGreen Power Inc. is committed to integrating state-of-the-art growing and renewable energy systems that deliver both fresh produce and sustainable power to local communities. North Carolina has a rich agricultural heritage, quality workforce and access to regional produce distribution and energy markets. Those factors combined with the support we’ve received from state leaders and its communities make North Carolina an excellent location for us to launch our first project in the United States.”

The GrowGreen North Carolina project will bring more than 300 permanent jobs to an area struggling with unemployment rates.

“Growing the green economy is a priority for this administration,” North Carolina Secretary of Commerce Keith Crisco said. “We welcome the 300 jobs GrowGreen Power will bring to North Carolina through this innovative project. These jobs will continue to bring green to the mainstream in economic development.”

North Carolina House Speaker, Thom Tillis agreed, adding the project advances the Piedmont area’s continuing progress with energy development.

“I am encouraged that GrowGreen Power is considering North Carolina for a project that would bring over 300 jobs to the Piedmont,” said Tillis. “I am further encouraged that this $250 million investment would occur in an area of our state that is rapidly becoming an energy hub of the Southeast. The Piedmont region has the perfect combination of traditional farmland and a motivated workforce, and I look forward to working with GrowGreen Power to ensure that they bring their investment to our state.”

For more than a year, GrowGreen Power’s developers, architects, and engineers have been scouring the U.S. for the best possible location to build their unique project called a GrowGreen center. Each project provides communities with fresh food and renewable energy by combining a hydroponic greenhouse with a solar thermal / biomass power plant. The $250 million North Carolina project integrates a 50-acre greenhouse with a 37-megawatt (MW) co-generation power plant.

The hydroponic greenhouse is a completely controlled growing environment capable of producing up to 30 times more high quality, safe produce than traditional farming. Initially, GrowGreen North Carolina will produce tomatoes on the vine. U.S. annual per capita use of tomatoes and tomato products has increased nearly 30 percent over the past 20 years according to the U.S. Department of Agriculture’s (USDA) Economic Research Service (ERS).

The GrowGreen center’s solar thermal and biomass power plant produces 43.65 MW of clean, renewable energy, about 37 MW of which will be sold to the local power grid. The remaining energy will be used to power the greenhouse and power plant, making the GrowGreen center fully sustainable. The electricity produced will provide local power companies the option to purchase Renewable Energy Credits (RECs), allowing them to meet State mandates requiring more and more energy come from renewable sources.

About GrowGreen Power, Inc.

GrowGreen Power Inc. (www.growgreenpower.com) is an integrator of renewable energy and greenhouse growing systems; combined solar thermal and biomass plants that provide electricity to the power grid and climate controlled hydroponic greenhouses. The integration of systems provides full use of all waste heat from the power plant to heat and cool the greenhouse, one of the first in the world to make this claim. CO2 emissions are scrubbed to food grade and used to feed the greenhouse crops. GrowGreen centers are fully sustainable and operate twenty-four hours a day. The advanced integration technology allows controlled growing environments to operate within a wide variety of climate zones.

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