KCM HOLDINGS Expanding Its Incubation Holdings in Green Energy
27 Janeiro 2010 - 5:11PM
Business Wire
KCM HOLDINGS CORP. (OTC:KCMH) announces it is looking to expand
its portfolio in the green renewable energy sector. KCMH is
currently in negotiation to incubate two, cutting-edge,
green-energy companies that feature investment grade clients and
revenue streams. LOI's and definitive agreement details to follow
shortly.
KCMH recognized the potential and need for the renewable energy.
According to a 2009 report from Energy Business published by
Datamonitor, the global renewable energy market grew by 20.4% in
2008 to reach a value of $310.5 billion. In 2013, the global
renewable energy market is forecast to have a value of $511.3
billion, an increase of 64.7% since 2008. The global renewable
energy market grew by 5.8% in 2008 to reach a volume of 2,969.7
billion kilowatt hours. In 2013, the global renewable energy market
is forecast to have a volume of 3,642.2 billion kilowatt hours, an
increase of 22.6% since 2008. And the Americas generate 43.1% of
the global renewable energy market's value.
"The time for green energy is now. Research proves its viability
as a multi-billion dollar industry that will continue to grow for
the foreseeable future. We have been looking at some very strong
candidates to incubate in this space, and we feel strongly that we
will be able to help the environment and our investors by
incubating green-power companies this year," states KCMH CEO,
Donald Klein.
KCMH on Twitter: Twitter.com/KCMHoldings.
About KCMH:
KCMH is a strategic business development holdings company.
www.thekcmgroup.com.
Disclaimer
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