TGI Set Up EKOPLAZ Subsidiary to Implement Waste to Energy Projects
June 03 2010 - 12:23PM
Marketwired
TGI Solar Power Group (PINKSHEETS: TSPG), provider of solar and
other clean technology products and solutions, announced today that
it set up an autonomous subsidiary EKOPLAZ Inc. in the United
States. TGI's intent in this venture is to utilize the patented
EKOPLAZ's waste to energy technology while improving its
performance, file for international patent protection, and commence
implementation.
Earlier this year TGI signed an MOU with Ekoplaz, a Ukrainian
waste management company, whose technology is based on applying the
effect of high-frequency disruption in electromagnetic microwave
fields. Under the Agreement, TGI will have exclusive rights to use
the Ekoplaz technology in North America, South America, and the
European Union; Ekoplaz currently holds patents on their technology
in Ukraine.
Ekoplaz, a Ukraine-based research group, developed technology
based on using the effect of high-frequency disruption in
electromagnetic microwave field. High field intensity provides air
ionization in location of disruption with the release of high
temperature. Special configuration of air ionization chamber on
condition that the supply of the middle and large microwave
capacity provides the initiation of a stable plasma flame at output
of a plasmatron nozzle. Process significant advantages include:
pesticides utilization or domestic industrial waste burning occurs
in continuous operation. A plant can be implemented both in mobile
and stationary performances.
TGI SOLAR POWER GROUP INC. (www.tgisolar.com) is a provider of
solar and other alternative energy products and solutions. The firm
provides facility and process design and integration know-how with
its equipment. The Company offers its products and services to
clients on a worldwide basis and currently maintains JVs in Hong
Kong and subsidiary in Italy with solar installation, integration,
and energy consulting firms.
Safe Harbor Statements under the Private Securities Litigation
Reform Act of 1965: Those statements contained herein which are not
historical are forward-looking statements, and as such, are subject
to risks and uncertainties that could cause actual operating
results to materially differ from those contained in the
forward-looking statements. Such statements include, but are not
limited to, certain delays that are beyond the company's control,
with respect to market acceptance of new technologies, or product
delays in the testing and evaluation of products, and other risks,
as detailed in the company's periodic filings with the Securities
and Exchange Commission.
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