Global Warming Solutions Announces Step Forward for Affordable, Effective Solar Power
19 Décembre 2007 - 3:40PM
Business Wire
Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of
technologies aimed at mitigating the effects of global warming �
today announced a collaboration agreement with Solar Wind, Ltd.
(http://www.solwind.ru/), a leading supplier of double-sided
silicon solar cells. Coupled with Global Warming Solutions� Light
Electric and Thermal Generator � LETG � Solar Wind�s double-sided
cells will be able to substantially boost power output, thus
increasing the efficiency and reducing the cost of producing
electricity via solar power. �These cells are an ideal match for
LETG, since our LETG solar modules are designed to utilize both
direct and reflected sunlight,� said Dr. Alexander Kornaraki, Chief
Operating Officer of Global Warming Solutions. �Heat and
electricity are generated not only by the front but also by the
reverse side of the LETG panels.� The collaboration is significant
because, while technologies for collecting and producing solar
power are abundant, making them cost-effective has been elusive.
Global Warming Solutions and Solar Wind together represent the
potential to greatly alter the economics of solar power and make it
more cost effective and easily available. Separately, Global
Warming Solutions is continuing negotiations with Motech
Industries, Inc., (www.motech.com) the leading Taiwanese
manufacturer of highly efficient polysilicon solar cells. Use of
the Motech Industries polysilicon cells would allow for the
construction of LETG modules with the lowest achievable price per
installed kilowatt. About Global Warming Solutions, Inc. Global
Warming Solutions develops and commercializes technologies that
help mitigate Global Warming and its effect on our planet. The
Company targets three areas that help reduce the extent of Global
Warming and fight issues that have risen in consequence: Clean
Energy, Carbon Control, and Water Purification. Current climate
models predict that global temperatures will rise sharply over the
next century. The increase in temperatures can be slowed or
eliminated by decreasing the amounts of greenhouse gases released
into the Earth�s atmosphere. Global Warming Solutions seeks to
leverage its experience�and management to help make a difference in
the fight for climate control. For more information visit the
company website: http://www.globalwarmingsolutions.com The
information contained in this press release may include
forward-looking statements. Forward-looking statements usually
contain the words "estimate," "anticipate," "believe," "expect," or
similar expressions that involve risks and uncertainties. These
risks and uncertainties include the company's uncertain
profitability, need for significant capital, uncertainty concerning
market acceptance of its products, competition, limited service and
manufacturing facilities, dependence on technological developments
and protection of its intellectual property. The company's actual
results could differ materially from those discussed herein. About
Solar Wind Solar Wind Co. was founded in 1992 by Russian
photovoltaic professionals with the extensive experience in the
high-tech and space programs. Scientists and engineers of the
company have developed unique technologies for space-based solar
energy conversion systems; some of those technologies were later
used for terrestrial PV applications. In recent years the Solar
Wind�s world sale volume has increased by factor of ten. About
Motech Industries Motech Industries, Inc. of Taiwan is known
globally for high quality instruments, crystalline silicon solar
cells, and other solar electricity products. Utilizing modern
technology and creative minds, the company believes strongly in
working to build a sustainable world.
Global Warming Solutions (PK) (USOTC:GWSO)
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