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Happy New Year 2014!

Happy New Year 2014!

Dear Interra Supporters,

We hope you had a great 2013 and a fun holiday season with your friends and family. While we all look ahead to an exciting 2014, we wanted to share with you some of the amazing things Interra was able to accomplish this year thanks to your support.

2013 was a banner year for Interra. This last February Interra received notice that our project was selected for funding by the California Energy Commission (CEC). Interra’s proposal received the highest score for the solicitation and the CEC pledged funding of nearly $820,000. By June the contract with the CEC was executed and full-time procurement and construction began at our National City location.

Current Progress

The CEC funding helped Interra grow in 2013. Interra was able to bring on Stefanie Perez as a Mechanical Design Engineer. Stefanie is finishing her degree at UCSD and has been integral to seeing the project manifest. Further, Interra was able to bring on Lukasz Szablowski as a post-doc engineer from the University of Warsaw in Poland. Lukasz has helped in finalizing designs for construction and is getting accustomed to living in wonderful San Diego. Our partnership with the San Diego State University Research Foundation also adds the mentoring of Ph.d’s Asfaw Beyene and John Crockett.

The founders received praise in the community for their work at Interra during 2013. Thomas Del Monte was named a 2013 Young Influential by the San Diego Daily Transcript and Kenny Key was a finalist for the 2013 General Counsel Awards from the San Diego Business Journal. Thomas was also selected to speak on numerous green energy panels and was chosen to be interviewed for UCSD’s startup saturday program.

With help from our partners at Adept Process Services, Inc., construction has proceeded according to schedule. Interra has purchased over $300k worth of parts to complete the build. Currently, we are on track to begin cold testing in February and hot testing in March. After testing and optimization, Interra will move the equipment to a permanent commercial location. Due to our relationship with SDSU we will likely set up the first facility near their campus in Imperial Valley. This site has plenty of land for our project size and access to a plethora of renewable feedstock.

Construction Update - September 2013

While Interra accomplished a lot in 2013, we know that 2014 has tremendous promise and a lot of hard work ahead. If Interra has shown nothing over the past 3 years, it has shown resolve. The team is more committed than ever to see the technology commercialized. 2013 provided a lot of outside validation of the technology, and we expect to further exceed expectations once the technology is fully demonstrated.

Goals for 2014:

  • Complete testing schedule under CEC grant by the end of March
  • Obtain biochar sales contracts for biochar produced during the testing phase
  • Move to commercial site by September
  • Begin commercial operations by end of 2014

We encourage all of you to come and visit the build site. We promise you will be impressed with what Interra has brought to reality. It wouldn’t be possible without your support, so we want you to share in the glory.

Have a great time celebrating the New Year!

My best,
Thomas Del Monte
President of Interra Energy