With the global
renewable energy market on track to reach $832 billion within the next four
years, environmental technology company Pan Global is demonstrating its
intention to file in as a competitive contender in the solar and hydropower
segments of the green energy industry.
Pan Global operates
through its wholly owned subsidiary, Pan Asia Infratech Corp., to focus on
environmentally sustainable energy, infrastructure and technologies. The
company’s growth strategy centers on the acquisition or development of green
energy operations in India, a country long-known for its overburdened energy
grid.
As part of this
plan, Pan Asia Infratech in the fourth quarter of 2013 entered into a stock
purchase agreement with Regency Yamuna Energy Ltd. for the staggered
acquisition of Project Badyar, a 5.7MW small-hydro power plant in northern
India. Pan Global has retained a global engineering consulting company to
conduct visits and inspections of the project site on the company’s behalf.
Project Badyar is 95
percent complete. Upon commercial operations later this spring the plant is
expected to generate annual revenue of roughly $1.95 million per year for the
life of the project, which is 35 years under India’s Uttarakhand Electricity
Regulatory Commission 2013 regulations and the Power Purchase Agreement.
In addition to its
endeavors in the small-hydro power segment, Pan Global is focused on the
development of a range of other green energy opportunities in India such as
solar photovoltaic (PV), controlled-growth agriculture, mega-watt scale
geo-thermal power projects and more.
For more
information, visit www.panglobalcorp.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment