Wild Brush Energy Corporate Update: 1st Half 2010
May 26 2010 - 5:00AM
Marketwired
Wild Brush Energy (PINKSHEETS: WBRE) continues to pursue its goals
and strategy through collaboration and alliance involving leading
international wind and solar companies.
Wild Brush has formed relationships and agreements with foremost
wind farm specialists. These include European firms such as
Energoconsult Ltd. and Geo-Net Consulting, whose expertise in wind
measurement, site assessment, and optimization is crucial to the
initial planning stages of any wind farm. Additional experts in
engineering and transportation such as Macom Technologies and
EuroKran2 have also joined our collaboration.
Turbine manufacturer WinWind Oy of Finland has also agreed to
supply turbines for a wind farm up to 120 Mw in size for Wild Brush
Energy. A wind park of this size would cost upwards of $280 million
in development expenditures, but supply renewable energy for nearly
40 000 homes, thus offsetting up to 260 000 tons of greenhouse
gases.
The Company goal of a diversified renewable energy group also
took shape in our solar energy objectives. Wild Brush Energy was
able to sign agreements with leading solar panel manufacture
Shanghai Chaori Solar Energy and Auxin Solar of Silicon Valley. The
project target size for our solar park is approximately 4Mw.
The third phase of the Company's objectives is the development
of small-scale hydroelectric projects. Negotiations and talks have
taken place regarding this subject; updates are expected in the
near future concerning this.
Wild Brush Energy will continue to carefully assess future
project associates and development opportunities in order to best
maximize company growth and shareholder value.
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 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 expressly disclaims any obligation to update the
statements contained in this release.
Wild Brush Energy Inc. 1-206-652-3310 Email Contact
www.wildbrushinc.com
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