Woodchip Exports Commence at Albany, NY by Green Energy Resources, Combining Recycled Wood and Forestry Chips from Hudson Valley, Adirondacks, VT, Mass, & CT.

Mon. July 20, 2009; Posted: 09:35 AM

ALBANY, N.Y., July 20, 2009 /PRNewswire-FirstCall via COMTEX/ -- GRGR | Quote | Chart | News | PowerRating -- Green Energy Resources (Pink Sheets: GRGR | Quote | Chart | News | PowerRating) has begun the export of woodchips from Albany, NY. The woodchips are used to generate renewable energy in Europe in place of traditional fossil fuels. The export of woodchips comes at an opportune time when loggers and saw mills have been hard hit by the economy and several regional power generators are not buying woodchips. The company plans to ship 30,000-60,000 tons monthly from the area, generating numerous jobs and approximately $20-25 million annually in local revenues. The first shipment is planned for August.

Recycled wood derived from crushed pallets as well as forestry woodchips are in high demand by Green Energy. The company is seeking to expand its number of suppliers from as far away as Connecticut, Massachusetts and New York City. Green Energy Resources signed a long term contract with a port contractor in the Albany, NY area that can handle large ocean going vessels. Green Energy Resources plans to utilize the port as a major base of operations for upcoming power generating projects in New England as well as the export market in the upcoming years.

Green Energy Resources is an environmentally friendly company sourcing its wood from urban wood waste streams, storm damage, Cities, municipalities and certified forests. The company is currently engaged in the supply of woodchips to power plants.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.

www.greenenergyresources.com

SOURCE Green Energy Resources

http://www.greenenergyresources.com

For full details for GRGR click here.

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