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GWS Technologies, Inc. Announces Planned Solar Project

Source: http://smallcapvoice.com/blog/gws-technologies-inc-announces-planned-solar-project/
Posted on Wednesday, June 10th, 2009 | In Market Commentary, Small & Micro Cap
Contributed by: Stuart Smith (http://www.smallcapvoice.com) -

GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, today announced that it has submitted preliminary plans to the Salt River Project Agricultural Improvement and Power District (SRP) to develop a solar farm near the Phoenix-Mesa Gateway Airport in Mesa, Arizona. Because the submission was prior to the June 1, 2009 deadline, when SRP reduced its rebate to $2.25 per watt from $2.50 per watt for commercial solar production, GWS secured the higher rebate for the first phase of the project.

GWS will provide equipment and technology integration on the project, with initial cost estimates for solar equipment for the entire project at approximately $30 million. Arizona has recently become a focal point for solar projects because of a climate uniquely suited to solar energy production, as well as the availability of significant state and federal subsidies and billions of dollars in economic-stimulus money earmarked for solar power.

SRP provides electricity to nearly 930,000 retail customers in the Phoenix area. It operates or participates in 11 major power plants and numerous other generating stations, including thermal, nuclear, natural gas and hydroelectric sources. SRP also invests in renewable energy technologies such as solar power and landfill gas projects. In the spring of 2006, SRP’s Board of Directors approved a management proposal that sets a target of 15% of SRP retail sales to be met through sustainable resources by fiscal year 2025.

About GWS Technologies, Inc.

“GWS” stands for GreenWindSolar. We are an alternative energy company developing renewable energy solutions. A “green” wave of emerging environmental regulations, and government-wide “green” initiatives, are changing the way consumers, the commercial sector, and states, counties and municipalities, do business. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.

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 those 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.

For GWS Technologies, Inc.
Stuart T. Smith, 512-267-2430
Fax: 512-267-2530
SSmith@SmallCapVoice.com
www.SmallCapVoice.com


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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

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