WBRE NEWS: Wild Brush Energy Signs Major Solar Supply and Installation Agreement print Wild Brush Energy (PL) (USOTC:WBRE) Intraday Stock Chart Today : Wednesday 26 October 2011
Wild Brush Energy (PINKSHEETS: WBRE) has signed an agreement with global solar panel producer and distributor Renogy LLC, to supply and install up to 5 Mw of photovoltaic panels. The letter also outlines an arrangement for Renogy to provide its vertically integrated turnkey park installation expertise in the development of Wild Brush's US Solar Park Projects.
Renogy is an international player of production and distribution of solar panels. The Company is vertically integrated from solar ingot to solar modules, to turnkey solar project development. Renogy is also a subsidiary of solar giant Shangpin Solar of China.
The project target size is approximately 5 Mw. This would provide an annual power output upwards of 6.5 GWh. A solar park of this scale will supply approximately 1600 households with renewable energy, and reduce carbon emissions by about 3800 tons annually. Global Solar production is expected to exceed $100 billion by 2014.
Part of Wild Brush Energy's diversified renewable energy strategy includes the construction of mid to large-scale solar parks. These parks will range in size from 2-5 Mw in scale. The location of these parks will be in southern and southwest regions of the U.S. and southern European countries with favorable renewable energy policies and economic returns.
About Wild Brush Energy
Wild Brush Energy Inc. is a diversified energy company whose goal is to identify and develop clean air energy producing alternatives. Wild Brush is presently exploring green energy producing opportunities such as large scale Commercial Wind Farms, and Solar Energy Parks.
Safe Harbor for forward-looking statements
This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Wild Brush Energy Inc. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Wild Brush Energy Inc. expressly disclaims any obligation to update the statements contained in this release.
WBRE - Any company that makes good strides in the alternative energy field is dealing with the future. WBRE is developing alternative energy with an eye on making it affordable for everyone. Good one. IMO
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