Title: Harvest Power Strikes Deal with Waste Management to Turn Trash Into Fertilizer and Fuel

Industry sector: Waste To Energy

Harvest Power Strikes Deal with Waste Management to Turn Trash Into Fertilizer and Fuel

By Wade Roush, Xconomy

Homes and businesses in North America generate about 55 million tons of organic waste every year, and that’s without even counting sewage. Roughly half of this solid waste comes from grass clippings and other biomass from the typical yard, and the other half is food scraps. Most of the yard waste gets recycled, but most of the leftover food doesn’t.

Harvest Power, a young Waltham, MA-based company with an office in Seattle and a processing center near Vancouver, BC, that generates high-quality compost and renewable fuels, wants to fix that. This week, it got a big boost from a major strategic partner, the Houston, TX-based waste hauling goliath Waste Management, Inc. (NYSE: WM).

Harvest announced yesterday that Waste Management has agreed to invest to help the company expand to more cities, starting with the East and West Coasts. But even more important, according to co-founder and CEO Paul Sellew, the giant partner will provide Harvest with raw material for its composting process and, in the near future, its biogas and syngas production systems.

Read the full story at Xconomy.