Green Star Erects Wind Sensor at Belo Blato
Source: http://smallcapvoice.com/blog/green-star-erects-wind-sensor-at-belo-blato/Posted on Tuesday, June 16th, 2009 | In Market Commentary, Small & Micro Cap
Green Star Alternative Energy, Inc. (Pink Sheets: GSAE)(“GSAE” or the “Company”)(http://www.greenstarae.com) is pleased to announce the installation of the wind measurement tower at the 20 MW Belo Blato site. The NRG System wind sensor is standing at the coordinates of 45 degrees 13’ 7.01” N latitude and 20 degrees 21’ 21.01” E longitude.
The terrain had been carefully analysed and many months of preparation and licensing have culminated in this deployment. The data gathered will provide Green Star the ability to optimize the wind farm design and efficiency. Wellbury was commissioned to execute the placement and construction of our 60 meter tower.
Miodrag Andric, CEO of Green Star Alternative Energy, stated: “We are delighted to see the first tower in place; but this is only the beginning, as we have other locations that require analysis and development.”
About Green Star Alternative Energy (GSAE)
Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation’s first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.
FORWARD-LOOKING STATEMENTS
This press release contains ‘forward-looking statements’. These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as ‘believes,’ ‘expects,’ ‘may,’ ‘will,’ ’should,’ or ‘anticipates,’ ‘estimates,’ or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company’s plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.
Green Star Alternative Energy, Inc.
Jesse De Castro, CFO, 1-866-955-GSAE (4723)
info@greenstarae.com
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1-866-955-GSAE (4723);, clean electricity;, Clean Energy, friendly energy;, Green Star Alternative Energy Inc.;, greenhouse gas, Jesse De Castro;, Market Commentary, Miodrag Andric;, Notos;, renewable electricity models;, renewable energy company working;, Republic of Serbia;, Small & Micro Cap, smallcapvoice, sustainable energy programs;, Wind Energy
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