CPS History

ABOUT CHENG POWER SYSTEMS

Cheng Power Systems is a power generation technology company that has developed proprietary systems that improve output, efficiency and lower emissions of power generating plants.

· Founder Dr. Dah Yu Cheng, an inventor, Rocket Scientist, Plasma Physicist and an Aero Dynamist started steam injected gas turbine clean energy development, the Cheng Cycle®, in 1974.

· Dr. Dah Yu Cheng, founder of International Power Technologies (IPT), Cheng Power Systems (CPS), Cheng Technology Systems (CTS) and Cheng Fluid Systems (CFS), has over 50 years of R&D and extensive testing, over 35 years of power generation experience & has developed a series of environmentally green technologies.

· Our green technology has had an immediate impact and the fastest penetration in the market place addressing the environmental & energy crisis.

· Successful development of innovative technologies with clear economic advantages and strong environmental benefits.

· 135 Cheng Cycle® units built worldwide using the 501-KHX technology and more than 300 Cheng Cycle® power plants built worldwide.

·CPS technologies changed the marketing paradigm because it saves money for the user.

· The products CLN® and the Cheng Cycle® were developed to increase power output and reduce greenhouse gas through improved efficiency of gas fired gas turbines and boilers.

· VSSG® the Variable Synchronous Speed Generator unified the 50 & 60 Hz electrical market unlike all generators available today.

· License agreements with partners to market the technology on a regional basis around the world.

· Our products have U.S. patents & foreign patents.

· Cheng Cycle®, Cheng Low NOx system (CLN®), Variable Speed Synchronous Generator (VSSG®), Cheng Rotation Vane (CRV®), Large Angle Diffuser (LAD®) and other commercial available technologies.  

CHENG POWER SYSTEMS STATEMENT OF QUALIFICATIONS

Cheng Power Systems, Inc. (CPS) has over 35 years of experience and qualifications in the Energy Industry and over 50 years of extensive research and development.

CPS is a well-established company in the Green Power Generation industry that has developed patented technologies to enable power plants to operate at a higher power output, increased efficiencies, and lower emissions. With over 300 installations throughout the world since 1974, Cheng Cycle® is a recognized technology leader. Our goal at Cheng Power Systems is to design, build and perfect power generation products that result in a cleaner and more efficient combustion process, while improving output and lowering operating and maintenance costs.

Dr. Dah Yu Cheng, founder of Cheng Power Systems, Inc. (CPS) has over 50 years of power generation experience and has developed a series of environmentally green technologies. Our green technology has had an immediate impact and the fastest penetration in the market place addressing the environmental and energy crisis. Our technologies changed the marketing paradigm because it saves money for the user and pays itself back. Dr. Cheng has a career in green energy research and development and has developed special cogeneration gas turbines (Cheng Cycle®), alternative energy emission control systems (CLN®), and a Variable Speed Synchronous Generator (VSSG™). The products CLN® and the Cheng Cycle® were developed to increase power output and reduce greenhouse gas through improved efficiency of gas fired gas turbines and boilers. VSSG® the Variable Synchronous Speed Generator unified the 50 & 60 Hz electrical market unlike all generators available today. License agreements with partners to market the technology on a regional basis around the world. The energy industry has a long gestation for new products. Our products have U.S. patents & foreign patents.

CPS COMPANY HISTORY

CPS was among the founders of the cogeneration and independent power business in California. Research and development on Cheng Cycle® power generation technologies began in 1974 and continues to present day. Dr, Dah Yu Cheng founded International Power Technology (IPT) in 1974. In 1994, Dr. Cheng incorporated CPS to focus his research efforts on steam injection for power augmentation in large industrial and aero-derivative combustion turbines and on developing an improved Advanced Cheng Cycle®. In 1982, began the commercialization of a promising, advanced technology for steam injection of gas turbines. The "Cheng Cycle®", is ideally suited for small to large sized industrial and institutional cogeneration customers. Venture capital investors recognized the potential of the Cheng Cycle® and provided the capital necessary to build CPS into a successful company. The company raised an “A” round of venture capital funding by selling preferred stock to Hartford Steam Boiler Capital Corporation and also secured debt financing from Calpine Corporation and Hartford Steam Boiler. In 2001, CPS raised a “B” round of funding by selling preferred stock to Mirant Capital Corporation and Sawmill Capital Corporation. At that time, Calpine and Hartford Steam Boiler converted their debt to additional equity.

CPS (including Dr. Dah Yu Cheng acting as an individual and predecessor and related companies owned by Dr. Cheng) have been engaged in steam injection research since the 1970’s. Dr. Cheng’s first major success came in 1984 with the commercialization of the Allison 501-KH Cheng Cycle® plant at San Jose State University in San Jose, California. That plant was built with State of California support, is still in operation, and has been a significant commercial success. Today, more than 130 Allison (Rolls Royce and now Seimens) 501-KH and Kawasaki M1A-13CC Cheng Cycle® engines are in commercial operation around the world. The installed base of Cheng Cycle® plants has nearly 3 million hours of operational experience

Experiments with advanced steam injection techniques for large combustion turbines led Dr. Cheng to notice some unexplained phenomenon related to NOx emissions. This led to a research program on using advanced steam injection techniques to control NOx, and it was this research program that led to the development of the CLN® technology. In 2000, CPS constructed an atmospheric combustion hardware test facility at IPT’s Allison 501KH Cheng Cycle® cogeneration plant in Menlo Park, California to specifically investigate and develop the CLN® technology. This location was chosen so that the Cheng Cycle® plant could provide steam, water, fuel and electricity to the test rig. Early experimental results confirmed that, with proper nozzle design and steam and fuel mixing, it was possible to increase steam-to-fuel ratios to well beyond the conventional state-of-the-art and that steam-to-fuel ratios in excess of 3 to 1 would yield very low NOx levels without increasing CO, THC or VOC levels. Focus shifted to testing actual engine hardware, and over the course of about a year, comprehensive testing was performed on GE Frame 5N, Frame 5P, Frame 6B, Frame 7B, and Frame 7EA, and on Westinghouse 501-D5A combustion turbine hardware. Exhaustive amounts of data were collected and detailed analyses and test reports were prepared. Test results for the combustion turbine hardware testing clearly shows that low single-digit NOx levels with steam-to-fuel ratios as high as 4 to 1 were achieved. CPS employed EPA-certified emissions testing laboratories to obtain independent third-party measurements of combustion turbine hardware test emissions levels (reference projects page).

In 1983 CPS co-developed the Allison 501-KH steam injected gas turbine with Detroit Diesel Allison in Indianapolis, Indiana and Allison subsequently named the new 501-KH gas turbine the “Cheng Cycle” in honor of its inventor Dr. Dah Yu Cheng. In 1984 the first commercial Cheng Cycle® was installed at San Jose State University located in San Jose California and is still operational today.

Most in the cogeneration and independent power business are familiar with CPS’ Cheng Cycle® activities. CPS strives for innovation and effort to perfect its technology development company to an energy service company. The design of the Cheng Cycle® system was largely refined and standardized over the first six installations. By 1987 commercialization was complete, marketing, sales, and packaging activities were licensed out to selected manufacturing and engineering companies. A worldwide network was thus established with licensees in Ohio, Japan, Western Europe and Australia. CPS provides design, startup and operating services to licensees of Cheng Cycle® technology. There are now 135 Cheng Cycle® units worldwide using the 501-KHX technology and more than 300 Cheng Cycle® power plants worldwide in operation.