Apr 15 2010
GWS Technologies, Inc. (OTCBB: GWSC) an alternative energy company developing renewable energy solutions, today announced that it is preparing plans for proposed solar farm sites ranging in size from 80 acres to 400 acres contiguous to electric substations in Veracruz and Chiapas, Mexico. GWS will provide engineering, project management, solar equipment and technology integration on the projects, with estimated costs ranging from $50M USD to $250M USD per project.
“There is a tremendous demand for 'green' energy technologies, especially solar energy and LEED-certified energy efficient products, in Mexico right now,” said Delgado & Associates’ managing partner Fernando Delgado, who recently returned from meetings with government planning and energy officials, as well as major private sector end-users on behalf of GWS. “The interest and support we have received over the last few weeks is extremely encouraging, and we are currently evaluating several proposed sites for GWS.”
In November 2008, the Mexican Congress passed the “Renewable Energy Usage and Energy Transition Financing Act” (Ley para el Aprovechamiento de Energías Renovables y el Financiamiento de la Transición Energética), a clear step towards implementing alternative energy policy at the federal level. While the Constitution of Mexico establishes that only the Government can generate, transport, transform, distribute or supply electricity for public use, the new law allows private companies to generate their own electricity by using renewables to supply their needs. When a generation surplus exists, the Energy Regulatory Commission (Comisión Reguladora de Energía - CRE) determines the price of purchase of the electricity generated in excess of the electricity used by the private generator; the surplus is then fed into the National Electric Grid.
“Delgado & Associates is uniquely qualified to act as our liaison with both Mexican governmental agencies and the private sector,” said GWS Technologies, Inc. President Richard Reincke. “Everyone in the solar industry agrees that Mexico has some of the best potential for solar power in the world, and we’re excited about this opportunity to participate in the emerging alternative electric sector in Veracruz and Chiapas,” Mr. Reincke added.
Source: http://www.greenwindsolar.com/