Progress Energy Inc. (NYSE: PGN) is planning to build a power plant in North Carolina which will convert poultry waste into energy.

“Turning poultry litter into power is an important milestone in the development of bio-waste energy resources in our state,” said Lloyd Yates, chief executive officer of Progress Energy Carolinas, in a statement. “Innovative renewable energy technologies, aggressive energy efficiency programs and a state-of-the-art power system are important parts of a balanced approach to meeting our region’s future energy demands.”
 
Progress has signed a contract to work with Florida-based Poultry Power USA on the project. The plant will be built in Biscoe and is scheduled to begin operations in two years. It will use 350,000 tons of poultry litter per year.
 
Poultry Power plans to turn the waste into a biogas that will burn inside a boiler. The heat will create steam to turn a turbine and generate electricity.
 
The project is estimated to produce 100 direct or indirectly related jobs as well as an investment of $125 million, according to Poultry Power.

“We are pleased to bring jobs and commerce to North Carolina,” said George Erickson Sr., CEO at Poultry Power. “Our clean technology will provide renewable energy to consumers in the state, and we are excited about being a solution to the litter disposal challenges facing the poultry industry. Our commitment is to be a clean and solid corporate citizen with a small carbon footprint.”

Progress said the project will help the company meet North Carolina standards for renewable energy. The company says it is the state’s first poultry-to-biogas plant.

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