Wild Brush Energy Signs Agreement With Major Chinese Solar Manufacturer and Developer
March 18 2010 - 3:46PM
Marketwired
Wild Brush Energy (PINKSHEETS: WBRE) has signed an agreement with
major Chinese solar panel manufacturer and developer Shanghai
Chaori Solar Energy. The agreement is a Letter of Intent, which
outlines Chaori Solar Energy's commitment to participation in Wild
Brush Energy Solar Park Projects in the U.S.
Chaori Solar Energy is a major manufacturer of solar panels used
throughout Asia, USA, and Europe with over $60 million in sales
annually. The Company also provides financing, joint venture
arrangements and solar park management and maintenance
services.
The project target size is 4MW, which would provide an annual
power output of approximately 5.5 GWh. A solar park of this scale
will supply approximately 1200 households with renewable energy,
and reduce carbon emissions by about 3100 tons annually.
Part of Wild Brush Energy's diversified renewable energy
strategy includes the construction of mid to large-scale solar
parks. These parks will range in size from 2-5 Mw in scale. The
location of these parks will be in southern and southwest regions
of the U.S. and southern European countries with favorable
renewable energy policies and returns.
About Wild Brush Energy Inc. Wild Brush
Energy Inc. is a diversified energy company whose goal is to
identify and develop clean air energy producing alternatives. Wild
Brush is presently exploring green energy producing opportunities
such as large scale Commercial Wind Farms, Solar Energy Parks, and
Small Scale Hydro Electric projects; both within North America and
abroad.
Safe Harbor for forward-looking statements
This release contains certain statements that are "forward-looking"
statements (as the term is defined in the Private Securities
Litigation Reform Act of 1995). Any such forward-looking statements
are inherently speculative and are based on currently available
information, operating plans and projections about future
expectations and trends. As such, they are subject to numerous
risks and uncertainties, such as general economic and business
conditions, the ability to acquire and develop specific projects,
the ability to fund operations, and other factors over which Wild
Brush Energy Inc. has little or no control. Actual results and
performance may be significantly different from expectations or
trends expressed or implied by such forward-looking statements.
Wild Brush Energy Inc. expressly disclaims any obligation to update
the statements contained in this release.
Contact: Wild Brush Energy Inc. 1-206-652-3310 Email Contact
www.wildbrushinc.com
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