In the United States (US), Astra Energy Inc., a renewable and waste-to-energy (WtE) project developer and technology acquisition company, has announced that it has entered into definitive agreements to acquire compatriot Regreen Technologies Inc. (Regreen), a California-based "zero emissions" clean energy company.
In addition, Astra Energy has tasked its wholly owned subsidiary, Astra Energy California Inc., a California-based company, with deploying Regreen’s proprietary Total Waste System (TWS) globally.
According to Astra Energy, Regreen, founded by renowned inventor and designer Albert Mardikian, has grown into one of the most exciting tech startups in the waste industry.
With over 20 years of experience in research and development of the science of converting municipal solid waste (MSW) and organic waste into “zero emission” marketable commodities, such as clean electricity, biofuels, animal feeds, fertilizers, organic pesticides and reclaimed water purification, Regreen is now positioned to deploy its “Total Waste to Energy” worldwide.
Mardikian’s technology has garnered the support of the US Chamber of Commerce, the US Department of State, the US Trade and Development Agency, and other governments overseas, including Uganda, Liberia, Tanzania, Egypt, Morocco, Saudi Arabia, Zanzibar, Puerto Rico, Canada, Mexico, Jamaica, Panama, Peru, the Philippines, and the Dominican Republic.
I am excited to be partnering with Astra Energy. The combination of this disruptive technology with Astra’s far-reaching waste industry connections, domestically and internationally, will change the way trash is processed globally. The world will finally see the expansive value of all trash. Just think, no more landfills, Albert Mardikian stated.
A pilot project in California
Regreen is seen as “an excellent addition” to Astra’s IP portfolio. This technology meets the US and international eco guidelines and offers diverse income opportunities for Astra Energy.
The company had already secured exclusivity to Regreen’s TWS technology in perpetuity to deploy in Africa, Jamaica, Brazil, and Canada in November 2021.
Spearheaded by Douglas Hampton, President of Astra Energy California, a pilot project utilizing the technology is poised to begin in California.
The immediate goal of Astra in utilizing the Regreen Total Waste System is to become the first in the world to establish a material recovery facility (MRF) with a 95 percent landfill diversion rate, Douglas Hampton said.