STW Water Executes Teaming Agreement With Thermal Energy Partners To Practice Totally Blue/Green Water And Electricity Generation
STW and Thermal Energy Partners (TEP) utilize their two technologies to create Fresh Water and Clean, Renewable and Resilient Electricity for Municipalities and Industry
MIDLAND, Texas, Dec. 2, 2014 /PRNewswire/ -- STW Resources Holding Corp (OTC QB: STWS) announced today that its wholly owned subsidiary, STW Water, has executed a Teaming Agreement with Thermal Energy Partners LLC (TEP).
In the agreement TEP and STW will combine their respective technologies to provide a reliable package of sustainable water & renewable power to municipalities and industrial customers. Delivering water & power together effectively with zero impact to the environment is a welcome relief to those that see water scarcity along with lack of reliable electricity as a large problem in the United States today. When severe weather events disrupt water services and cause power outages it can take weeks for critical facilities to get up and running again. No other electricity network on earth provides as much power to as many people as reliably and affordably as the U.S. power grid however maintaining an effective grid for critical infrastructure is a highly complex undertaking. As energy security is key to our nation's critical infrastructure, the need for a geographically available, clean, base-load replacement to coal to supply industrial plants and municipalities with reliable power and lessen the vulnerability to the grid is in high demand. TEP has taken our nation's geothermal power to new heights, through an innovative 24/7/365 onsite model that can keep facilities running even when the U.S. power grid or primary natural gas power plants may not stay online. TEP's geothermal facilities are hardened to withstand severe weather events, are configured with micro-grid technology for maximum resiliency against cyber attacks, and configured with security safeguards to limit disruption. This particular geothermal power method is cost effective and a great compliment to other existing power sources that industrial and municipal facilities may be using currently.
Among the noted advantages STW, through its Salttech Water Processing DyVaR technology, will leverage TEP's technology to streamline technical processes and system workflow and lower electricity costs of operating the STW DyVaR systems, thus resulting in lower cost fresh water. TEP will utilize STW's technology to enhance the system's strengths and minimize cost.
Together TEP/STW have the following competitive advantages:
- Producing Onsite Fresh Water for Industrial, Agricultural and Municipal applications
- Producing Onsite Renewable Power for Industrial, Agricultural and Municipal applications
- Producing potential Mineral by-products onsite that can be sold to Industrial users
- Multiple Sources of Water are compatible with the TEP/STW System: The integrated system can process water from multiple sources including industrial wastewater, high-TDS brackish and high TDS saltwater reverse osmosis concentrate reject, seawater or geothermal water. These combined technologies will be capable of performing far more efficiently than existing technologies such as (Reverse Osmosis or Evaporation Distillation).
STW Resources Holding Corp CEO Stanley Weiner added, "This is one of many projects that STW Water is currently doing and this also follows our model to have a minimum or no negative impact on the environment while helping preserve our precious fresh water resources. I can't think of a better combination…a completely sustainable supply of fresh water and reliable electricity even during catastrophic events like hurricanes, floods, and severe drought. Utilizing our joint technologies in the areas where ocean reverse osmosis desalination is being utilized, there will be NO need to discharge environmentally harmful concentrated reject streams from the reverse osmosis operations into the oceans. This is also a very nice resource to have available for the Texas Gulf Coast as we have tremendous amounts of geothermal energy available and a shortage of extra electricity and fresh water for the large influx of industrial companies wanting to start up operations in Texas."
STW Water President Alan Murphy stated, "This is a project that will be easy to construct and operate. With the drought wreaking havoc on our fresh water resources, this is a major step in utilizing technology to provide additional fresh water to our ecosystem. We have major deposits of geothermal energy reserves in the United States and many other countries." Thermal Energy Partners President Dan Pfeffer added, "Delivering water & power successfully together is an accomplishment all on its own however making it truly sustainable while still renewable and reliable is going to a whole new level that any environmental or risk manager would appreciate."
About Thermal Energy Partners LLC
Thermal Energy Partners (TEP) is a Texas-based Geothermal Energy company that provides sustainable, base load, zero carbon, renewable energy. Founded in 2010, TEP focuses on geothermal project development, design, finance, construction, energy production and managed services to operate facilities once they are completed. TEP also incorporates micro-grid technology into their power services to deliver more effective and resilient renewable power to clients. Also considered a Retail Electric Provider and a Power Generation Company, TEP markets its services DoD, Oil & Gas, Industrial and Utility market sector clients who rely on TEP to develop innovative and cost-effective solutions to meet their operational and strategic goals.
About STW Resources Holding Corp.
STW Resources Holdings Corp. consults and provides customized water analysis, reclamation and remediation services to a variety of complex oil and gas produced and flowback water, brackish water, industrial, and municipal applications throughout several geographic locations. As an independent solutions provider, STW utilizes proven technologies, from various well-known manufacturers, including Salttech, a Zero Liquid Discharge (ZLD) technology that is economically feasible to use. These technologies are available as fixed or mobile units with varying capabilities. STW's process ensures that the most effective and efficient technologies are implemented. Current potential project locations include the Eagle Ford Shale (TX), the west Texas Delaware and Permian Basins (TX), and eastern New Mexico. STW is also involved in the oilfield dirt construction business providing roads, pits, locations, and water pond construction. It also offers evaporation covers for the elimination of evaporation on frack ponds used throughout the oilfield. Evaporation causes the operators millions of dollars in losses annually. Covering the ponds is a conservational and economic method of preserving one of our natural resources and can be floated on to existing ponds or installed during construction. It also eliminates algae growth, doubles as a bird net, and reduces erosion of pond infrastructure. High quality liners with fusion-welded seams, quality control testing including air tests of seams and destruction testing are also standard. STW Energy, a subsidiary of STW Resources Holding Corp, offers a turnkey rig washing service. STW services include roustabout services for several major oil and gas producers too. STW's Pipeline Maintenance & Construction division aids oil & gas companies in connecting new wells so the oil & gas can be sold to market and helps maintain the integrity of their existing pipeline infrastructure.
Forward-Looking Statements
This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/stw-water-executes-teaming-agreement-with-thermal-energy-partners-to-practice-totally-bluegreen-water-and-electricity-generation-300003501.html
SOURCE STW Resources Holding Corp.
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