ReleaseWire Connect

Bluesphere Corp, a clean energy company that develops, manages and owns waste-to-energy projects, announced today that Yigal Brosh has joined the Company as an Independent Director. Mr. Brosh is a highly regarded Israeli investment management professional who holds board seats at investment management firms and in the waste management industry.

EnergyCentral.com, an Internet publisher for the electric power and energy industry, just published an article by Shlomi Palas, CEO of Bluesphere Corporatio n. Bluesphere is an energy company that develops, manages and owns clean tech waste-to-energy projects.

Bluesphere Corp. (the "Company" or "Bluesphere"), a clean energy company that develops, manages and owns waste-to-energy projects, announced today it has a signed a Letter of Intent with Organic Waste Management, LLC, a Massachusetts-based company with over 35 years in the recycling and waste industries ("Organic Waste Management"). Per the terms of the Letter of Intent, Organic Waste Management will supply between 100-200 tons of organic waste per day to Bluesphere's 3.2 MW biogas plant to be constructed later this year in Johnston, Rhode Island. The biogas plant will create electricity from organic waste and renewable resources.

Bluesphere Corp., an energy company that develops, manages and owns waste-to-energy projects, announced today its wholly-owned subsidiary has signed a Joint Venture Agreement with Alfa Eco Corporation. New York-based Alfa Eco is a leading private business group that consists of direct investment funds owning and managing assets in a range of industries, including energy in the United States and abroad. Alfa Eco has strategic partnerships in Bulgaria, Brazil, China, Kazakhstan, Mongolia, Russia, Sierra Leone, Switzerland, Ukraine and other countries.

Blue Sphere Corp. (the "Company" or "Blue Sphere"), a company in the Cleantech sector as an organics-to-energy and clean energy project integrator, has released a letter to shareholders discussing the Company's results for calendar year 2013 and the start of 2014.

The clean energy markets have seen their fair share of success and failure over the past few years in the U.S. and globally. Now, one market that has been successfully growing in Europe may be ready to greatly expand in the United States and small public companies like Blue Sphere Corp are ready to pounce on burgeoning opportunities at U.S. locations.

Blue Sphere Corp.,is on the cusp of breaking ground on two significant electrical production plants in the United States, using Anaerobic Digestion technology. Blue Sphere's plants located in Charlotte, North Carolina and Johnston, Rhode Island are expected to produce 5.2 MW and 3.2 MW of electricity daily. Blue Sphere's management believes they are at the forefront of a technological shift that will change how the United States will process waste and produce a substantial amount of its energy. There are many practical and regulatory factors that point to success for Blue Sphere's initiatives.

Blue Sphere Corp., a company in the cleantech sector which develops waste-to-energy and other renewable energy projects has been attracting the attention of investors and media as they ramp up their innovative projects in the U.S. The Company aspires to become a key player in the global waste-to-energy and renewable energy markets and CEO Shlomi Palas, took time to answer questions about his firm.

Blue Sphere Corp. (the "Company" or "Blue Sphere"), a company in the Cleantech sector as an organics-to-energy and clean energy project integrator, is pleased to announce that it has received a signed term sheet from a leading environmental finance fund (the "Fund"), to provide $7.5 million in equity financing for its Charlotte, North Carolina project. The Charlotte project is a 5.2 MW organics-to-energy anaerobic digester, which will utilize food waste to produce electricity. Blue Sphere has counter-signed and accepted the commitment for equity financing in the term sheet. This commitment, along with the recently announced debt commitment from Caterpillar Financial Services Corp., constitutes 100% of the financing required for the project.