Atlantic Wind and Solar Inc. Set for Rapid Expansion Through Operational Excellence
25 Maio 2010 - 5:00PM
Marketwired
Atlantic Wind and Solar Inc. (PINKSHEETS:
AWSL) is pleased to provide the following summary confirming its
progress and strategic goals for the development of photovoltaic
(PV) solar energy parks in 2010-2011.
Since its inception, AWSL focused on a singular corporate goal:
To establish itself as a significant player in the Renewable Energy
(RE) industry through Solar and/or Wind Power, thus opening up
avenues for strong corporate growth in what management regards as
the true Growth Industry of the 21st Century.
Atlantic's new CEO Mr. Pierre Cousin comments, "Atlantic Wind
and Solar has the right fundamentals to support its rapid expansion
and the achievement of its strategic goals. We have a team of
experts motivated to make the company successful; a strong pipeline
with great relationships with future customers; strong partnerships
with financial institutions, investors, real estate companies,
landlords, and technology providers; a superior value proposition
delivering far less stress to commercial building rooftops yet with
the capability to deliver the absolute highest yields of energy
known in the industry; and finally, last but not least, a company
immersed in what is being regarded as the fastest growing industry
in the world ."
Under the terms of the Ontario Feed In Tariff (FIT) program,
Atlantic will finance, build, own, operate and maintain PV energy
systems hosted on the roofs of commercial buildings across the
province and the electrical power generated by the systems will be
sold directly into the grid to the Ontario Power Authority (OPA)
for 71.3 cents per kilowatt hour, for a contracted period of no
less than 20 years.
Pierre Cousin further commented: "In terms of operational
excellence, after changing engineers and integrators, I am pleased
to see that Atlantic has also made some major changes in the
overall design of our structurally tied systems, which is expected
to save the company millions of dollars in future operating and
construction costs. The Company has also been able to streamline
its rooftop qualifying process while greatly reducing the overall
initial costs associated with getting to final lease agreement
stages with landlords."
Atlantic Wind and Solar uses a very unique process to qualify
rooftops for their solar energy systems. In addition to its overall
superior system design, the company utilizes some of the best
commercial real estate brokers, energy lawyers, structural
engineers and insurance agents available, in a consorted group
effort to enable the company to become a long term leader in the
development of utility scale, renewable energy power generation
projects worldwide.
Cousin added: "But to build a best in class operation driving
significant profitable growth, we will have to go one step further:
Reinforce our customer intimacy in proving the superiority of our
solutions; Measure the key components of our business model to
identify our gaps and areas of progress; Act quickly but invest
wisely to maximize our shareholder value; Expand our skill sets and
partnerships to successfully penetrate new global markets."
While experiencing a great rate of growth in Ontario, the
company plans to take its business model abroad, with the
expectations of entering into other global renewable energy markets
like India, U.K., Germany and the U.S.
About Atlantic Wind & Solar Inc:
Through focused management, strong R&D, state-of-the-art
proprietary technology, exclusive licenses, and joint ventures,
Atlantic Wind & Solar Inc. is poised for rapid growth at the
forefront of the massive global shift towards environmentally
friendly, economical Renewable Energy. The Company is working with
parties in the Real Estate and Property Management sectors in
Ontario and abroad to secure rooftop leases suitable for AWSL's
photovoltaic (PV) renewable energy system.
Sales and Marketing Contacts
Property owners and managers with unobstructed commercial
rooftops of 30,000 s/f or bigger in the Province of Ontario,
Canada, and for which they are interested in possibly leasing to
AWSL, are invited to contact Mr. Charles Mazzacato +1 800 891 1657
ext. 230.
All other Renewable Energy system enquiries are asked to phone
+1 416 900-0380 or email info@atlanticwindandsolar.com
For further corporate information and/or to
subscribe for regular news updates from Atlantic Wind & Solar,
please visit: www.atlanticwindandsolar.com
Disclaimer:
Shareholders and investors are strongly cautioned against
placing undue reliance on information set forth in these
communications in making any investment decisions concerning our
securities.The matters set forth in this press release are
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially.
These risks are detailed from time to time in the Company's
periodic reports filed with the Securities and Exchange Commission
including the company's Annual Report, Quarterly Reports and other
periodic filings. These forward-looking statements speak only as of
the date hereof. The Company disclaims any intent or obligation to
update these forward-looking statements.
Investor Relations Contact: Geneva Bancorp. Mr. Brent O'Connor
Phone: +1 (416) 900-0380 ext.223 Email: Email Contact
Atlantic Power and Infra... (PK) (USOTC:AWSL)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Atlantic Power and Infra... (PK) (USOTC:AWSL)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024