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Borntofly
WorldWater & Solar Technologies Corp. Creates New Position of Director of Communications
EWING, N.J., Oct 31, 2007 (PrimeNewswire via COMTEX) -- WorldWater & Solar Technologies Corp. (WWAT), developer and marketer of proprietary high-power solar systems, announced today that Amy Copeman has joined WorldWater in the newly created position of Director of Communications. Amy will report directly to Quentin Kelly, Chairman and CEO, and Bob Magyar, Senior Vice President of Sales. Operating from the Company's headquarters in Ewing, Amy's primary responsibilities will include corporate and media relations, sales marketing communications, and strategic program planning and development.
"The Company is growing so fast that we needed a strong marketing and communications executive to focus on and coordinate the multiple aspects of sales support and corporate communications," said Quentin T. Kelly, Chairman and CEO. "We are extremely pleased that Amy Copeman will fulfill that position. This is a pivotal time for the Company, particularly now that the merger agreement with ENTECH, Inc. has been signed, contributing to our enhanced role in the international solar market. Clearly it is more essential than ever that we communicate effectively to our shareholders."
Prior to joining WorldWater, Amy was an executive in corporate communications with Wyeth Pharmaceuticals at their headquarters in Madison, NJ. She has also been employed by BergerBrown Communications and the Alden Group Public Relations as an Account Executive in New York City. Amy received her MA in Corporate Communications from Fairleigh Dickinson University and her BA from Rider University in NJ
Part of the rise can be attributed to the current attraction of traders to solar stocks, and part to the heavy participation of momentum and day traders. However, a large part of the climb is due to several transformative moves the company made during this period.
First, it inked substantial deals to develop solar projects for the City of San Diego and the Denver International Airport. Second, it agreed to purchase ENTECH, a move widely lauded by investors who believe that WorldWater & Solar will be able to exploit ENTECH’s solar concentrator technology. Third, WWAT just bolstered its balance sheet with a $13M+ private placement at not too steep a discount. In its last earnings release, WorldWater boasted of a $200M pipeline of potential bookings but lowered 2007 revenue guidance to $25-$30M.
The valuation, at first blush, appears high. With a market cap exceeding $400M per Yahoo!, shares already trade at twice the potential backlog and over 13x the high end of revenue expectations for 2007. I believe that Yahoo!’s calculations are low, and do not take into effect the ENTECH deal or the recent private placement.
Other solar companies trade at a wide range of multiples-to-2007 revenue forecasts. SunTech Power (STP), for example, trades at less than seven times expected 2007 revenues of $1.31 billion, while First Solar (FSLR) trades at over 28x. If WorldWater can land most of the identified potential bookings, and take advantage of ENTECH technology, it could grow into its valuation. However, that is a big “if”, and with shares nearing resistance, I won’t be a buyer.
DISCLOSURE: No position.
Quelle:http://seekingalpha.com/article/...business-stock-unclear?source=feed
Allen eine schöne Zeit lg borntofly
Käufer sein möchte, das bedeutet, er hält die Aktie für zu hoch bewertet. Mal sehen,
was die Anderen darüber denken.
danke für den beitrag,
übrings nussriegel ich habe meine position damals bei 2.24$ glatt gestellt ( 19000 ) und neu bei 1.79 eingekauft, hab mir noch fenstersolar zugelegt wird ihr recht auch noch bekommen,
mfg der wolf
2,37 $ 283.000 1.723.005 2,1400 - 2,34 02:52
und das bei diesem Dow Kurs! Könnte ein Indiz auf news sein.
Weder eine Kaufs noch eine Verkaufsempfehlung.
glg Borntofly
ich wünsche viel glück borntofly
Die Aussicht dieses Unternehmens ist sensationell.
WorldWater & Solar Technologies Corp. to Unveil New Program at Association of California Water Agencies (ACWA) Fall Conference
WorldWater & Solar Technologies Corporation (WWAT), developer and marketer of proprietary high-power solar systems announced today the introduction of WorldWater's new "ACWA WATT Select Program," offering solar systems to Association of California Water Agencies (ACWA) members at no investment cost and at energy prices equal to or below grid rates for 20 years or more. ACWA is a statewide association of public water agencies whose 440 members are responsible for about 90% of the water delivered in California.
Click here to find out more!
Dr. Anand Rangarajan, Executive Vice President and Chief Technology Officer of WorldWater and Solar will introduce the program in a major speech to ACWA's 2007 Fall Conference and Exhibition. The event will be held at Indian Wells, CA from Nov. 27-30.
Dr. Rangarajan will deliver a presentation entitled, "Solar Power Purchase Agreements--Improved Cost and Reliability Performance for Today's Water Facilities." He will be joined by Mr. Gary T. Arant, General Manager of the Valley Center Municipal Water District, an ACWA member district that is in the process of building a zero carbon emissions WorldWater solar system under a 20-year Power Purchase Agreement (PPA).
Quentin T. Kelly, Chairman and CEO of WorldWater & Solar Technologies stated, "ACWA is a national leader in championing critical water and related energy infrastructure and supply issues. Given the long-term water and energy demands facing California, the association is effective in driving awareness and helping to focus necessary water planning direction. We are pleased to be a "preferred ACWA vendor" and to have an opportunity to explain how our solar engineering systems and financing programs provide a value-added solution to the state's water agencies."
California's water delivery infrastructure is investigating new ways to cost effectively manage and grow water delivery capability within the state. Dr. Rangarajan will explain the process of calculating savings and the benefits of deploying WorldWater's proprietary AquaMax(TM) solar electric systems combined with the PPA finance model to enable water facility management to take advantage of significant long-term cost and environmental benefits.
WorldWater is a preferred solar provider to ACWA and has extensive experience working with California water agencies. In 2006, WorldWater's patented AquaMax(TM) technology was installed at California's Idyllwild Water District, becoming the first and only water utility in the world to be fully self-sustaining through solar power. In August, Valley Center Municipal Water District in San Diego County signed a 20-year PPA for WorldWater to build a 1.2 Megawatt solar system capable of powering multiple 350 hp pumps independent of the grid. Valley Center's system will incorporate WorldWater's AquaMax(TM), the only solar technology capable of powering electric pumps up to 1,000 hp and operate automatically in combination with the electric grid, battery and diesel power. The system will operate unattended and protect Valley Center from peak grid rates during sunny periods.
Dr. Rangarajan holds a Ph.D. in Engineering from the University of Wisconsin and spent several years at MIT's Lincoln Laboratory. As a solar and water pump specialist, he has over 20 years experience in all aspects of the solar electric business. He has pioneered the development of several proprietary solar-driven water pumping systems, products and markets and his systems are in over 20 countries.
More than 1,600 local water officials are expected to attend the Association of California Water Agencies' 2007 Fall Conference & Exhibition. Additional speakers include state and federal elected officials and water policy leaders who will discuss the status of California's water; including recent federal court decisions and potential 2008 water initiatives. Themed, "The Time is Now," the conference will officially begin Tuesday, Nov. 27 with ACWA committee meetings and continues through Friday, Nov. 30.
About the Association of California Water Agencies:
ACWA is a statewide association of public agencies whose 440 members are responsible for about 90% of the water delivered in California. For more information, contact ACWA at 916.441.4545 or visit www.acwa.com.
About WorldWater & Solar Technologies Corp.:
WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that can not only generate and distribute electricity, but can drive 1000 horsepower motors and pumps from sunshine independently or in conjunction with the electric grid, providing solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com.
WorldWater & Solar Technologies
Jessie Sullivan, 609-818-0700 ext. 20
JSullivan@worldwater.com
or
Press Contact:
Amy Copeman, 609-818-0700 ext. 58
ACopeman@worldwater.com
Die Auswirkungen die durch das Ausbringen von Stickstoffdüngergranulaten sind allseits bekannt, dabei muss man feststellen dass die Zusammensetzungen der verschiedensten Produkte nicht hinreichend bekannt sind.
Das Auflösungsverhalten der Präparate ist überwiegend auf Regenperioden und nicht auf die noch sehr kostenaufwändige bzw. nicht vorhandenen Bewässerungsmethoden abgestimmt. In trockenen Gebieten kann sich das Granulat über Wochen halten und bringt deshalb nicht den erwatenden Erfolg. Die Toxizitätsdauer und das Auflösungsverhalten sind nicht berechenbar. Dass der Großteil der Düngemittel auf kostspieliger Erdölbasis produziert wird, bringt die Produzenten unter zusätzlichem Kostendruck. Neue moderne Bewässerungssysteme bringen hier einen Lösungsansatz. Worldwater, ein hoch innovatives, in Amerika ansässiges Unternehmen, hat ein mit Sonnenenergie betriebenes Bewässerungssystem entwickelt, das auch zu einem Umdenken in der Düngemittelindustrie führen wird. Ein Beimengen des Düngers in kleinen Mengen direkt in das Bewässerungssystem kann eine enorme Senkung der Kosten bewirken, da die Wirkstoffe nicht über die Granulate transportiert werden müssen, sondern vielmehr indirekt gezielt mit Sonnenenergie betriebenen Wasserpumpen übernommen wird. Dank Worldwaters neuer Technologie wäre somit der Energieaufwand für den Düngevorgang minimal und könnte im Zuge der Bewässerung vollautomatisiert durchgeführt werden. Meines Erachtens kann davon ausgegangen werden, dass dadurch alleine in Europa rund eine Milliarde Euro bei der Düngung eingespart werden kann. Das durch ein besseres Auflösungsverhalten die Umwelt geschont wird ist ein nicht zu vergessener Aspekt.
Hochachtungsvoll Borntofly
Diese Überlegung stellt weder eine Kauf- noch Verkaufsempfehlung dar. Aktienkurse können steigen und sinken.
Viele der Investoren sehen in diesem Unternehmen einen bloßen Energieerzeuger, andere wiederum sehen den größten Teil in der Herstellung von Wasserpumpen, und dann gibt es noch diejenigen, die die größte Chance im Anbieten der Dienstleistung eines hoch modernem Wassermanagement sehen.
Ich denke dass diese drei Sparten im Gesamten zu betrachten sind. Die intensive, fachübergreifende Forschung und bereits eingesetzte Technologie bilden dabei das Fundament. Der exzellente direkte Technologietransfer in das Unternehmen ist somit meines Erachtens schon gelungen. Dies ist notwendig den Vorsprung im globalen Wettbewerb zu erwerben und zu behaupten.“ Wobei der solartechnische Teil zwar eine zeitgerechte Energieform darstellt, jedoch nicht den Vorsprung beinhaltet. Die Stärken dieses Unternehmens liegen meines Erachtens also in der gleichzeitigen, infrastrukturunabhängigen und direkten Herstellung und Umsetzung von Energie zur Bedarfsabwicklung, moderiert durch modernstes Systemmanagement.
Meine Person steht in keiner Beziehung zu dem Unternehmen Worldwater. Diese Stellungnahme ist ausschließlich meine persönliche Meinung.
Auch kann daraus weder eine Kauf- noch Verkaufsempfehlung geschlossen werden. Der Aktienkurs dieser Anlage kann Steigen oder Fallen.
Mit freundlichen Grüßen Borntofly
Anbei die Projektbeschreibung des Auftrages: Quelle "News Solarworld"
MfG Borntofly
SolarWorld AG will be providing climate-friendly solar power in Spain and
will build four solar power plants with a total peak output 8.5 Megawatts
on the Mediterranean island of Majorca. The Deutsche Bank AG (Department
Asset Finance & Leasing) coordinated the project development and set up the
financing of the power plants. The power plants in Majorca are planned to
be connected to the grid in early 2008.
The sites of the solar power plants have been chosen very carefully in
cooperation with local authorities according to ecological and economic
criteria. In addition to its high quality modules, SolarWorld AG will be
deploying its innovative support frame technology Sunfix, an in-house
development that can be installed flexibly on uneven terrain and uses a
screw-type substructure that avoids surface sealing.
These modern solar power plants generate 11.9 million kilowatt hours
annually making a sustainable contribution to alleviating some of the
pressure on Majorca's energy supply. The output generated corresponds to
the annual power consumption of approximately 3,500 three person
households.
SolarWorld AG intends to realise, together with the Deutsche Bank AG,
further projects in the Mediterranean region. Spain, Italy and Greece are
of particular interest since these countries have excellent solar radiation
conditions.
SolarWorld AG supplies support frame technology
Ein derartiges Unternehmen aufzubauen ist ein gewaltiges Unterfangen. Und noch größer ist die Aufbauarbeit des Fundamentbaus wenn es sich schon im vorhinein auf die sich weltweit öffnenden Märkte mit zunehmenden Konkurrenzdruck einstellt und sich global aufstellt. Was der Vorstand dieses Unternehmens durchs verstanden hat! Das Unternehmen Wordwater sucht den Weg der politschen Verantwortung, (Global Corporate Citizenshipdiskussion). Ein neuer Weg des Werbens von Auftraggebern...eine Balance zwischen okönomischen und ökologischer Problemlösung... der Vorteil liegt auf der Hand. Eine Win Win Win Situation! Politk, Wirtschaft und vor allem der Bürger sind die Gewinner.
Worldwater ist nicht nur ein Schlüssel für Amerikas Energie und Wasserprobleme, Worldwater ist der Schlüssel für Amerikas Politik , die jahrzehntelange Versäumnisse in der Umweltfrage aufzuholen und in der globalen Außenbetrachtung Gesicht zu zeigen. Schwarzenegger und Co wissen, was sie an dieser Perle haben, deshalb wird hier das Unternehmen ganz bewusst ex ante in die politischen Ausrichtung des Staates einbezogen. Ich denke diese Arbeit braucht Zeit, Zeit die man diesem Unternehmen geben soll.
Worldwater ist kein bloßes Unternehmen sondern vielmehr eine "Philosophie"...wenngleich mit Gewinnabsicht.
Dieses Zeilen geben ausschließlich meine persönliche Meinung wieder und sind keinesfalls als Kauf- bzw. als Verkaufsempfehlung zu verstehen. Kurse können steigen oder fallen!
Mit freundlichen Grüßen Borntofly
Washington (dpa) - Die USA und die EU wollen den Handel mit umweltfreundlicher Technologie wie Solarzellen-Technik und Windgeneratoren erleichtern.
Um dies zu erreichen, sollten Zollschranken und andere Handelshindernisse für solche grünen Schlüsseltechnologien weltweit abgeschafft werden, teilte die US-Regierung am Freitag in Washington mit. Der gemeinsame Vorschlag solle im Zuge der Doha-Runde in der Welthandelsorganisation (WTO) beraten werden.
Ziel der Abschaffung der Handelshindernisse sei es, die Kosten für Umwelt-Technologie zu senken, meinte die US-Handelsbeauftragte Susan Schwab. Es handele sich um eine «bisher beispiellose Chance» der WTO-Mitglieder, zum Kampf gegen den Klimawandel beizutragen. Der weltweite Handel mit Umwelt-Technologie habe im Jahr 2006 ein Volumen von 613 Milliarden Dollar (418,8 Mrd Euro) erreicht.
Quelle: http://de.biz.yahoo.com/01122007/3/...lt-technologie-erleichtern.html
Wenn es ums Geld geht, kriegen auch Amerikas Politiker "grüne Gedanken". Bei dem Dollarkurs wird Amerikas Anbietern von Umwelttechnologiel dadurch Wohl oder Übel ein Wettbewerbsvorteil beschert. Danke im Namen von Worlwater! Lg Borntofly
hat es alle weg gefegt oder was? ;-)
WorldWater & Solar Technologies Corp. Receives Order to Supply Solar Powered Mobile MaxPure(TM) Units to Provide Clean Drinking Water and Electricity to Iraqi Farmers
Monday December 10, 3:01 am ET
EWING, N.J.--(BUSINESS WIRE)--WorldWater & Solar Technologies Corp. (WWAT), developer and marketer of proprietary high-power solar systems, today announced that the company will ship 12 of its Mobile MaxPure™ solar water and power-supply units for use by farmers and families in the Euphrates Valley of Iraq. The systems have been purchased for $900,000 and are being donated by the Morrell Foundation, an international charitable foundation that provides clean water to people in need. The portable Mobile MaxPure™ systems can each supply 30,000 gallons per day of clean drinking water or irrigation, plus electric power for Iraqi farmers and their families along the Euphrates River.
|
The units are scheduled for pick-up and delivery from WorldWater Headquarters in Ewing, NJ by the U.S. Army on December 15 for immediate air shipment to Baghdad and Marine distribution into the Euphrates Valley.
“The Iraqi farmers do not have reliable power from the electric grid to operate their irrigation pumps or treat their water for drinking,” said Quentin T. Kelly, Chairman & CEO of WorldWater & Solar Technologies Corp. “When we received an e-mail from the Marines at Camp Fallujah requesting water purification units, we moved immediately. Morrell and Millennium responded equally. I understand families are drinking directly from the river, which of course is seriously polluted. Within 30 minutes of Max’s arrival on site, the people will be able to drink purified water from the river and able to start irrigating crops.”
Paul Jeffries, CFO of the Morrell Foundation said, “Dedicated to providing hope and assistance to people across the world, we are so pleased to work with WorldWater & Solar Technologies Corp. and the U.S. Military to provide this equipment, which we believe will be essential in helping to improve the quality of life to residents along the Euphrates River, as well as enabling them to provide basic needs for themselves. Passionate about humanity and helping others, this is an excellent example of the wide variety of programs that Morrell offers to assist people around the world that have been affected by natural disasters, armed conflict or poverty.”
In diesem Sinne: frohes Schaffen!
Nussriegel, die News sind ein bisschen schlecht zu lesen, deshalb hier nochmal von mir:
WorldWater & Solar Technologies Corp. Receives Order to Supply Solar Powered Mobile MaxPure(TM) Units to Provide Clean Drinking Water and Electricity to Iraqi Farmers
WorldWater & Solar Technologies Corp. (WWAT), developer and marketer of proprietary high-power solar systems, today announced that the company will ship 12 of its Mobile MaxPure(TM) solar water and power-supply units for use by farmers and families in the Euphrates Valley of Iraq. The systems have been purchased for $900,000 and are being donated by the Morrell Foundation, an international charitable foundation that provides clean water to people in need. The portable Mobile MaxPure(TM) systems can each supply 30,000 gallons per day of clean drinking water or irrigation, plus electric power for Iraqi farmers and their families along the Euphrates River.
Click here to find out more!
At the request of the U.S. Marines at Camp Fallujah, WorldWater and Morrell will supply the systems to the Military for assistance to the farmers. Mobile MaxPure(TM) is a stand-alone, sturdy and robust 7-foot cube that opens with the press of a button, unfolding a solar array which can deliver 3.2 kilowatts of electrical power and, with the Company's patented AquaMax(TM) controls, can pump and purify up to 30,000 gallons of water daily. The unit can also desalinate brackish or sea water. It will operate from sunshine alone or in combination with a power grid. Mobile MaxPure(TM) is also equipped with a back-up generator and a battery bank for 24-hour use. Delivery of the Morrell donation of the 12 WorldWater units to the U.S. Military for Iraqi placement was organized and managed by Millennium KI, LLC, a military supply contractor for civil action and humanitarian products and works.
The units are scheduled for pick-up and delivery from WorldWater Headquarters in Ewing, NJ by the U.S. Army on December 15 for immediate air shipment to Baghdad and Marine distribution into the Euphrates Valley.
"The Iraqi farmers do not have reliable power from the electric grid to operate their irrigation pumps or treat their water for drinking," said Quentin T. Kelly, Chairman & CEO of WorldWater & Solar Technologies Corp. "When we received an e-mail from the Marines at Camp Fallujah requesting water purification units, we moved immediately. Morrell and Millennium responded equally. I understand families are drinking directly from the river, which of course is seriously polluted. Within 30 minutes of Max's arrival on site, the people will be able to drink purified water from the river and able to start irrigating crops."
Paul Jeffries, CFO of the Morrell Foundation said, "Dedicated to providing hope and assistance to people across the world, we are so pleased to work with WorldWater & Solar Technologies Corp. and the U.S. Military to provide this equipment, which we believe will be essential in helping to improve the quality of life to residents along the Euphrates River, as well as enabling them to provide basic needs for themselves. Passionate about humanity and helping others, this is an excellent example of the wide variety of programs that Morrell offers to assist people around the world that have been affected by natural disasters, armed conflict or poverty."
About WorldWater & Solar Technologies Corp.
WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that can drive motors and pumps up to 1000 hp and provides solutions to a broad spectrum of the world's electricity and water supply problems, including the capability of driving 1000 hp motors and pumps from sunshine independently or in conjunction with the electric grid. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com, or for information specifically on the Mobile MaxPure(TM) please visit www.worldwater.com/maxpure.
About the Morrell Foundation
The Morrell Foundation is dedicated to providing hope and assistance, to people across the world who have been affected by natural disaster, armed conflict or poverty, through a wide variety of programs and volunteer coordination. In Iraq Morrell Foundation sponsors community development programs aimed at rebuilding Iraq at the grassroots level. The program provides hands-on experience and skills training through employing Iraqis on vital rebuilding projects within their own communities. In turn, this will foster pride and self-reliance in each community, as well as sustainable development, and an overall improvement in the standard of living for all Iraqis. The Morrell Foundation is approved and defined by the IRS as a non-profit organization with a 501(C)(3) status. www.morrellfoundation.org
About Millennium KI, LLC
Millennium KI is a Service-Disabled Veteran-Owned Small Business (SDVOSB) program management and consulting firm providing worldwide Humanitarian Assistance/Civic Action program management encompassing effective short and long-term medical, infrastructure, educational, economic and essential service projects for selected governments and Fortune 500 corporations. Millennium KI provides solutions using advanced technology and expertise in worldwide crises response, complex emergencies, and humanitarian and disaster relief initiatives. www.MillenniumKI.com
WorldWater & Solar Technologies:
Jessie Sullivan, 609-818-0700 ext. 20
JSullivan@worldwater.com
or
Press:
Amy Copeman, 609-818-0700 ext. 58
AMartin@worldwater.com
danke shaq, es sollte ja lesensfähig hier im thread stehen
und sorry an den Rest der hier mitlesenden WWAT-Gemeinde.
Abgesehen von den 900.000 $ Umsatz und dem Kunden, der noch eine Menge weiteren Umsatz bringen könnte, ist für mich das schöne an der Meldung, dass sie beweist , dass es nicht immer never-ending-storys sein müssen, sondern dass sie auch fähig und bereit sind, kurzfristig Nägel mit Köpfen zu machen:
____________________
The units are scheduled for pick-up and delivery from WorldWater Headquarters in Ewing, NJ by the U.S. Army on December 15 for immediate air shipment.....
....When we received an e-mail from the Marines at Camp Fallujah requesting water purification units, we moved immediately....
...Within 30 minutes of Max’s arrival on site, the people will be able to drink purified water from the river and able to start irrigating crops.
___________________
Ich bin wirklich gespannt, ob es hier noch eine schöne Weihnachtsüberraschung gibt.
Übrigens möchte ich darauf hinweisen, dass die Firmen-Homepage inzwischen auch in spanischer (!!!) Version existiert.
Ein Schelm, wer gutes dabei denkt.....
via COMTEX
December 13, 2007
Project with Ingenium EnergA(C)tica S.L. of Barcelona is in Addition
to 10 MW Solar Project with M&G Promociones Planned for 2008 - Part of
Company Program to Supply Solar Systems to the Fast-Growing Spanish
Market
EWING, N.J., Dec 13, 2007 (BUSINESS WIRE) --
WorldWater & Solar Technologies Corp. (OTCBB:WWAT.OB), developer and marketer of proprietary high-power solar systems, announced today that the Company has received a Letter of Intent (LOI) from Ingenium Energetica S.L. of Barcelona (Ingenium) to construct a 3 MW solar farm in Aragon, Spain. The project is expected to be completed by mid-2008. The LOI is subject to contractual negotiations as part of the new regulations that are being established by the Spanish Government.
The new LOI is in addition to the 10 MW project previously announced with M&G Promociones de Vivienda Urbana S.A. of Madrid as the first segment of plans to build 130 MW over 5 years. Both the 3 MW and 10 MW projects are planned for construction in 2008. Ingenium is a major construction firm focusing on civil, building and infrastructure work. Additional projects in Spain are currently also in discussion with Ingenium and other developers by WWAT and Prime Solar Senergy, the Company's representative in Spain.
Quentin T. Kelly, Chairman and CEO of WorldWater & Solar Technologies stated, "The Spanish market is climbing fast, having jumped 100% in 2007 and headed even higher in 2008. The pressure is on to complete solar projects by September 29, 2008 in order to receive the current feed-in tariff of 44 Euro cents per kilowatt hour. After September, the Spanish Government is planning a lower feed-in tariff, still very attractive at an estimated 31 Euro cents, but firms holding current licenses can realize the maximum by completing projects before the September date -- and we have the engineering teams in Spain to construct these projects."
The Company will use single-action tracking flat plate technology for the 3 MW Ingenium project but is planning to use the ENTECH 20X concentrator PV technology (CPV) on certain of its projects when its 50 MW production plant in Texas, now in early construction, and a planned assembly operation in Spain begin delivering product in volume, which is expected in April, 2008. ENTECH's CPV technology is anticipated to be particularly efficient and cost effective in Southern Spain, with turnkey per-watt pricing estimated to be among the lowest in the world.
"We are very pleased to be able to partner with WorldWater & Solar Technologies on this important venture," says Pedro Maqueda Suner, COO and Chief Engineer of Ingenium. "This solar farm will be our first, although we are very experienced in large construction and public works projects, so it is good to have WorldWater, with its extensive experience as a major solar integrator and developer, as our implementer."
The Spanish Government has set an official goal to install 400 MW by 2010 but its Department of Industry has proposed to the National Energy Commission to raise the goal to 1200 MW.
About WorldWater & Solar Technologies Corp.:
WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that can not only generate and distribute electricity, but can drive 1000 horsepower motors and pumps from sunshine independently or in conjunction with the electric grid, providing solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com.
About Ingenium Energetica S.L.:
Ingenium Energetica S.L. is a leader in construction in Spain, concentrating on civil work, building and infrastructure services and franchises. Its projects include the building of roads and highways, buildings, urbanizations, hydraulic works, installations and services all over the country.
Forward Looking Statements:
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.
SOURCE: WorldWater & Solar Technologies Corp.
WorldWater & Solar Technologies Contact: Jessie Sullivan, 609-818-0700 ext. 20 JSullivan@worldwater.com or Press Contact: Amy Copeman, 609-818-0700 ext. 58 ACopeman@worldwater.com
Copyright Business Wire 2007
meine Einschätzung:
1,43 € (wie ich drauf komme? ganz einfach die Quersumme der WKN und ne Eins davor ;-)
entspricht übrigens 2,07 $
So, los jetzt @borntofly, Nussriegel, franzl1, wenn Kicky (!) noch da ist und alle anderen...