biomass

United States

Innovative bio-energy firm inks deal to enter Greek market

Voltree Power, Inc., an innovative bio-energy firm based in Canton, Massachusetts in the US, has signed a Memorandum of Understanding (“MOU”) with Greek systems integration company Alphanetrix.
Innovative bio-energy firm inks deal to enter Greek market

The MOU establishes an alliance through which the two companies plan to leverage Voltree Power’s energy harvesting technologies to provide practical, cost‐effective and innovative sensing solutions to Greece’s agricultural, environmental and natural resource preservation.

According to a written statement, the companies will explore a range of potential commercial applications for Voltree Power’s bio‐energy harvester products and solutions in the Greek market with Voltree’s EU Representative, Stratos Ketsetzis, at the helm.

“As we continue to develop, test, and enhance our products in the United States, we are getting a lot of interest from other countries,” said Stella Karavas, founder and CEO of Voltree Power. “Alphanetrix’s influence and support of new technology applications will make them an ideal commercial ally for us in Greece and Albania.”

Voltree Power’s patented bioenergy harvester converts living plant metabolic energy to useable electricity, providing a unique battery replacement alternative for ultra-low power sensors and eventually a power source in nanotechnology.

Voltree believes that integrated circuit advances will eventually lead to the development of electronics which will require diminishing amounts for power for operation. These naturally-occurring phenomena can serve as a power source in environmental sensing networks for climatic and wildlife monitoring in areas with limited accessibility and where battery replacement is not an option. Self sustaining power sources such as tree power will play a critical role in these future applications.

Alphanetrix provides specialized services in IT, telecommunications, the Internet, and the design of custom applications. The Company has experience in identifying promising new technology solutions from other countries, and successfully introducing them to the Greek and Albanian markets.

“We have found the Greek and Albanian markets to be very open to new technologies,” said Alexandros Dafilis, CEO of Alphanetrix. “Voltree Power is extremely well positioned as an early leader in the developing bio‐energy harvesting space, which has the potential to help preserve our natural resources through many promising applications. We are excited to work with Voltree Power to develop these solutions.”

For additional information:

"Voltree Power"

"Alphanetrix"

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