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Month: August 2023

CMG Clean Tech shifts U.S. headquarters to Poinciana SunRail land

CMG Clean Tech shifts U.S. headquarters to Poinciana SunRail land

French green energy company CMG Clean Tech has shifted its plan to build its U.S. headquarters and research park in Osceola County. The company’s U.S. affiliate, Panacea Global Energy Inc., was one of four bidders Tuesday for the 63-acre Poinciana SunRail Park property and received the most favorable reviews from the county’s executive staff.

And Thursday, the county issued a notice of intent to begin negotiations with Clean Tech subject to approval of the Board of Commissioners, according to a report in GrowthSpotter.

Clean Tech was the sole bidder earlier this year when Osceola County put out an invitation to bid for its 309-acre Mac Overstreet property, adjacent to the Valencia College Poinciana campus on Pleasant Hill Road.

The company, which manufactures solar panels and roof tiles, solar-assisted heat pumps, mobile green hydrogen units, lithium batteries and EV charging systems, has been negotiating with the county since March to buy the property on Lake Tohopekaliga for a campus called “Green Garden Village” that would house its U.S. headquarters as part of a green energy technology park with seven buildings in total. read more