WASHINGTON, D.C. - New Energy Innovations (NEI), a leader in the rapidly expanding alternative energy/biomass industry in Ukraine, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced today.  The announcement was made on behalf of the entire USUBC membership of over 198 companies and organizations who have business operations, investments or other development programs in Ukraine.

New Energy Innovations (NEI) is headquartered in Kyiv, Ukraine. NEI is presently supplying equipment, engineering and project management on two large biomass power plant projects in Ukraine whose average project value is $12 million and is working on a public/private partnership project with a city in Ukraine.  NEI is currently negotiating equipment supply contracts for biomass conversion with several of the largest agri-businesses in Ukraine.

NEI provides its customers with a conceptual evaluation of what can be achieved based on their available feedstock location and supply and from there develop a detailed plan of implementation and supply all the major equipment.  Besides providing equipment NEI manages projects from conception to commissioning and beyond if necessary. 

NEI also provides a project oversight service, assisting the client manage relations with various suppliers including engineering work and running tenders for supply of other equipment not provided by us. This can also include oversight of the construction process, management of the green tariff process and development carbon credits.

PUBLIC PRIVATE PARTNERSHIPS (PPP)
NEI also works in the area of retrofit technology, project economics and possible public-private-partnership sector (PPP) scenario's which can be mutually  beneficial and attractive to both public and private investors.  There exists in Ukraine many opportunities for investors and government to benefit from retrofitting existing central heating systems to burning biomass, peat or solid municipal waste.

Investors can realize ROI of 30% to 50%. Customers and also realize savings up to 30% on their current heating and hot water costs.  Savings  to end users can be around 5% the first year, 10th the second year, and 15% in the third year. 

Municipalities can benefit by diverting at least 30% of waste from land fill to be burnt in said power station.  This would include all wood, garden trimmings, card board, etc.  Public entities can provide their central heating systems on a long term lease to a private investor operators under guidelines contained in a reasonable long-term contract.

A multi-year plan should be approved by both parties which should include retrofit and energy efficiency upgrades and investment for the system, including new insulated piping, pumps, etc.  The public partner should have no control in the business as long as pre-determined requirements are being met. 

REPRESENTS U.S. COMPANIES WHO PRODUCE BIOMASS CONVERSION & PROCESSING EQUIPMENT
NEI exclusively represents in Ukraine several outstanding United States companies who produce biomass conversion and processing equipment. These U.S. companies include Hurst Boiler & Welding Company, Inc, Coolidge, Georgia; Rotochopper, Inc., St.Martin, Minnesota; DVO Anaerobic Digesters, Chilton, Wisconsin, and Turbosteam LLC, Turner Falls, Massachusetts.  A partner company  of New Energy Solutions, Sunrise Agro (www.sunrise-agro.com), supports the alternative energy/biomass projects with the required local content components. 

DAVID NEISINGH, MICHAEL DEVOE & ANATOLY STOROZUK
The three partners in New Energy Innovations are David Neisingh, a U.S. citizen who has been working in Ukraine for many years and was the founder of Sunrise Agro, Michael Devoe, a New Zealand citizen with an MBA who joined in 2011 and Anatoly Storozuk, who started out as a boiler engineer and quickly made his way to sugar factory director then head of Ukr Sugar. Anatoly is managing simultaneously construction / engineering for several high dollar complex projects.

NEW ENERGY INNOVATIONS AND U.S.-UKRAINE BUSINESS COUNCIL (USUBC)
The management of USUBC has been working with David Neisingh and Michael Devoe now for several months. "We have met with David and Michael several times in Kyiv and have been very impressed with their creative and amazing work in the rapidly expanding alternative energy/biomass industry, said Morgan Williams,  President, U.S.-Ukraine Business Council (USUBC). 

"USUBC is very pleased to be working with a company that is showing Ukrainian businesses how to utilize their renewable energy sources in a cost effective manner," Williams said, "Their work is making an important contribution to the development and usage of alternative energy in Ukraine." Michael Devoe will represent the company on the USUBC board of directors. 

CONTACT NEW ENERGY INNOVATIONS - --  
For additional information about and to contact New Energy Innovations write to Michael Devoe at michael@omke.com.

USUBC MEMBERSHIP WILL TOP 200 IN DECEMBER 2012
USUBC membership has grown rapidly during the past six years. Membership now stands at over 195. In January 2005 membership was eight; two years later it had grown to 22; in January 2009 it reached 100; in January of 2011 topped 150 and in December 2012 will pass the 200 mark.  A complete list of USUBC members can be found at: http://www.usubc.org/members.php. For a list of the USUBC board of directors go to: http://www.usubc.org/site/u-s-ukraine-business-council-board-of-directors.