Clenergen Corp. (CRGE.OB) is “One to Watch”
Source: http://Blog.QualityStocks.net/?p=16975Posted on Wednesday, August 5th, 2009 | In Market Commentary, Small & Micro Cap
Clenergen Corporation is focused on using a proprietary biomass process to generate renewable electricity and has recently executed a power contract to produce 71 mw of electricity for India with an enterprise valuation of $322 million U.S. dollars.
The company has identified two fast growing species of tree and applied a proprietary Tree Adaption Process for rapidly increasing its growth rate 30‐40%. This substantial growth rate will enable the production of an economically viable source of feedstock/biomass for generating a renewable source of electricity.
The company is backed by an experienced management team with a track record of success and operational expertise. Clenergen has also established third party partnerships to enable the business to achieve its business goals and enable it to meet or exceed its financial forecasts and projections.
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Clenergen Corporation, Electricity, India, Market Commentary, renewable electricity, Small & Micro Cap, USD
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