Stimulus Spending on ‘Smart Grid’ Will Benefit Renewables, says GWS Technologies
Source: http://smallcapvoice.com/blog/stimulus-spending-on-smart-grid-will-benefit-renewables-says-gws-technologies/Posted on Wednesday, October 28th, 2009 | In Investing Lessons, Small & Micro Cap
Oct. 28, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, sees substantial benefits for wind and solar energy projects in yesterday’s White House announcement that $3.4 billion will be allocated to modernize the nation’s electrical power system to more easily use renewable resources. The money will be released in the form of grants to applicants and must be matched dollar for dollar by private funding. The grants are a result of an allocation of funds to smart grid projects in the American Recovery and Reinvestment Act of 2009.
“One of the biggest obstacles to developing more wind and solar power on a utility-size scale has been the lack of transmission lines tied to an electrical grid that’s capable of delivering clean electricity from the best solar and wind sites to the point of use,” said GWS President Richard Reincke. Mr. Reincke added that “Building a ‘smart grid’ will allow utilities to integrate renewable energy sources from distant locations with their existing generation sources and synchronize consumers’ energy use to coincide with maximum production times for wind and solar power.”
GWS Technologies is currently evaluating sites for wind and solar farms in Arizona, Texas, and Montana.
About GWS Technologies, Inc.
GWS stands for GreenWindSolar. We are a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new micro-generation movement that is transforming the way businesses and consumers provide for their energy needs. The company was founded in 2005 and is headquartered in Scottsdale, Arizona. Website: www.greenwindsolar.com.
Safe Harbor Statement:
Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company’s ability to attract and retain key personnel.
Related posts
Last 5 posts by Stuart T. Smith
- 11-23-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com - November 23rd, 2009
- GWS Technologies, Inc. Joins Information Portal StockProfile.com - November 23rd, 2009
- Metatron Acquires PB Magic Inc. - November 23rd, 2009
- 11-18-09 Audio Interview with One World Ventures, Inc. (OTCPK: OWVI) - November 20th, 2009
- 11-20-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com - November 20th, 2009
Arizona, clean electricity;, energy, energy needs, Energy Use, GWS Technologies Inc.;, Investing Lessons, Montana, president, renewable energy products;, Renewable Energy Sources, renewable energy technology;, Richard Reincke;, Scottsdale, Small & Micro Cap, smallcapvoice, solar energy projects, Texas, USD, White House, www.greenwindsolar.com
 About Stuart Smith (http://www.smallcapvoice.com)
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. Contact: Stuart T. Smith CEO 512-267-2430 ssmith@smallcapvoice.com http://www.smallcapvoice.com |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.