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WPNV NEWS OUT:News , WindPower Innovations, Inc. Announces 2011 Progress Report and Unveils Barnhart Crane & Rigging's Role in Oregon Heavy Lift Faci
Windpower Innovation (USOTC:WPNV) Historical Stock Chart 1 Month : December 2010 to January 2011
WINDPOWER INNOVATIONS, INC. (PINKSHEETS: WPNV), today announces 2011 progress report and unveils its strategic alliance with Barnhart Crane & Rigging Co., completing the supply chain for its full service heavy lift WindPower Innovations facility, in the State of Oregon.
Throughout 2010, WindPower Innovations, Inc. has cultivated key relationships with the State of Oregon and strategic partnerships with Barnhart Crane & Rigging, Co. and AF Dick Manufacturing, Inc., providing a comprehensive range of services for all aspects of wind energy, including the largest (1-5 Megawatt) wind turbines on the market. With the completion of its first phase, WindPower Innovations' operation is positioned to serve the Western United States, Alaska, Mexico, and the Pacific Rim via rail and Columbia River deep water port access.
"It has been a whirlwind 2010 getting our strategic relationships solidified, and we now have the infrastructure to execute any contracts that would be the fruit of our efforts for 2011," says John Myers, President and CEO of WindPower Innovations. "Barnhart is vital to our supply chain. We can handle anything once it gets to our facility, but a major piece of the profitability for all involved is in getting the crane and shipping strategy right. We are proud to join forces with a company of the reputation and capabilities of Barnhart."
Since 1969, Barnhart Crane & Rigging (www.barnhartcrane.com) has been providing innovative solutions to complex lifting and transportation challenges faced by heavy industry -- from power generation to petrochemical to renewable energy, and beyond. With over 20 branches across the U.S., Barnhart has one of the strongest equipment networks in the nation.
"We believe WindPower Innovations' vision to recondition and retrofit wind turbines will prove to be a growing segment of the wind industry. Barnhart looks forward to a long term relationship with WindPower Innovations," says Jeff Swanson, Senior Vice President of Barnhart Renewables. "WindPower Innovations has the tools and experience to extend the life of these aging machines and we look forward to helping WindPower Innovations meet the lifting and scheduling challenges in front of them."
WindPower Innovations, Inc. is a wind power infrastructure and smart grid solutions company that is continually working on new innovations for wind turbines, wind energy generation and transmission, in addition to the comprehensive maintenance, repair and re-manufacture of exiting equipment.
FORWARD-LOOKING STATEMENTS: Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to them are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
CONTACT:
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Investor Relations
Don Griffin
luckylindy
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WindPower Innovations, Inc. (OTCBB: WPNV) has several fundamental and technical indicators suggesting that it could make a strong upwards move.
Another industry factor favoring WPNV's success is that according to the US Department of Energy, wind energy has reportedly become the fastest growing energy source in the world which has increased five-fold from 2000 to 2007, with the likelihood of generating 20% of the nations electricity within the next 20 years.
Now consider that WPNV is beginning to sell its wind turbines at discounted prices and could capture a lucrative slice of the market and generate millions in revenues.... which could dramatically increase the valuation of the Company. So, look for WPNV to secure new expanding revenues which could bode very well for shareholders.
Technically speaking, WPNV has some additional chart patterns that I encourage traders to review...
The U.S. market for small wind energy systems - where WPNV is highly focused on becoming a leader - is prospering. Just last year the U.S. market expanded 15% and accounted for about half of the units sold in the entire world.
In 2009, wind installations increased by 39%!
Currently, WPNV is in the process of purchasing decommissioned turbines and will begin the rebuilding, recondition and marketing of these units IMMEDIATELY!
This, combined with the recent announcement that WindPower Innovations is unveiling its first resale offering with 15 brand new 1 MW Mitsubishi wind turbines, traders could finally focus on one of the few entities that could operate within this high profile industry from top-to-bottom, in a turnkey fashion, with warranties included, and fulfill the high demand for the niche that these wind turbines command.
All things considered, WPNV is ready to move upwards so consider the strong upside potential.
Watch WPNV trade and don't miss out!
sycoblonde
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WPNV yes this is one to get onboard with - anything to do with green is always a good investment. imo this is one to watch!
wolyton
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QUEEN CREEK, AZ, Jan 14, 2011 (MARKETWIRE via COMTEX) -- WINDPOWER INNOVATIONS, INC. (PINKSHEETS: WPNV), a wind power infrastructure and smart grid solutions company, today announces that it has been selected by GWS Technologies, Inc. (PINKSHEETS: GWSC) to provide equipment and services for GWS Technologies' Colorado Plateau Wind Energy I, a 1500 acre commercial wind farm under development northeast of Flagstaff, Arizona. In addition to WindPower Innovations' next generation Grid-Tie Inverter solutions and Turbines, the company will bring a comprehensive range of services to the Colorado Plateau wind project, including access to WindPower Innovations' heavy lift facility, crane services, construction and ongoing turbine maintenance.
"Northern Arizona offers tremendous opportunities for utility-scale wind power, and we are excited to be working with GWS Technologies to develop wind power on the Colorado Plateau," says John Myers, President and CEO of WindPower Innovations. "Arizona utilities are required to generate 15 percent of their power from renewable energy sources, such as wind turbines and solar panels, by 2025 to meet state requirements, and now is the time to tap into Arizona's wind energy potential to meet that goal."
WindPower Innovations, Inc., is a wind power infrastructure and smart grid solutions company that is continually working on new innovations for wind turbines, wind energy generation and transmission, in addition to the comprehensive maintenance, repair and re-manufacture of existing equipment.
GWS Technologies, Inc. is a developer of wind and solar farms through joint ventures with landowners and investors. Its business model is to assist the landowner in the design, planning/zoning, and construction/installation of wind turbines and solar arrays on suitable properties and generate electricity that can be sold to end-users and utility companies, allowing the company to participate in long-term power purchase agreement revenues.
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