Wild Brush Energy Signs Major Solar Supply and Installation Agreement
October 26 2011 - 9:26AM
Marketwired
Wild Brush Energy (PINKSHEETS: WBRE) has signed an agreement with
global solar panel producer and distributor Renogy LLC, to supply
and install up to 5 Mw of photovoltaic panels. The letter also
outlines an arrangement for Renogy to provide its vertically
integrated turnkey park installation expertise in the development
of Wild Brush's US Solar Park Projects.
Renogy is an international player of production and distribution
of solar panels. The Company is vertically integrated from solar
ingot to solar modules, to turnkey solar project development.
Renogy is also a subsidiary of solar giant Shangpin Solar of
China.
The project target size is approximately 5 Mw. This would
provide an annual power output upwards of 6.5 GWh. A solar park of
this scale will supply approximately 1600 households with renewable
energy, and reduce carbon emissions by about 3800 tons annually.
Global Solar production is expected to exceed $100 billion by
2014.
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 economic returns.
About Wild Brush Energy 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, and Solar Energy Parks.
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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