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Tersis Technologies signs MOU with Salem Group to evaluate Venezuela waste-to-value power joint venture
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Tersis Technologies signs MOU with Salem Group to evaluate Venezuela waste-to-value power joint venture
  • Tersis Technologies signed an MOU with The Salem Group to evaluate a Venezuela joint venture for waste-to-value distributed power projects.
  • Work starts with U.S. sanctions and export-control clearance before any Venezuela counterparties are approached or projects advanced.
  • Framework targets SynGenic V3 modular units near waste sources, with potential hybrid builds that include thermal, solar, or storage.
  • Tersis would provide technology and engineering support; Salem would lead development, construction oversight, operations, offtaker structuring, financing.
  • MOU is effective Oct. 8, 2026; parties aim to negotiate a non-binding term sheet within 60 days of compliance completion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tersis Technologies Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610121012NEWSFILECNPR____20261012_318495_1) on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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