Pan Global competes
in the lucrative and rapidly evolving renewable energy sector as an investor in
high ROI green energy technology and infrastructures around the world. The
company first assesses each prospective opportunity and then invests in the high-potential
projects as either an owner-developer and/or as a partner to other developers.
Revenue is created from the sale of power generated and sold to
government-owned electricity companies or from the direct sale of power to
private buyers.
Pan Global is
currently focused on hydropower projects in India, where the government has
initiated incentive programs to alleviate dependency on the country’s
overburdened electricity grid. Each day, India faces up to 20% electrical power
generation shortages in various regions as energy demand continues to outpace
supply.
In response, the
government encourages public and private power generation, compelling various
Indian states with hydropower potential to adopt hydropower generation policies
to develop traditional large-scale hydro dam projects as well as small-scale
mini-hydro plants.
Pan Global is
currently in the process of acquiring Project Badyar, a 5.7MW small-hydro plant
in northern India, pursuant to the company’s staggered acquisition of Regency
Yamuna Energy Ltd. The project is in the final stages of construction and is on
track to commence commercial operations within the next several months. Once in
full-swing, Project Badyar is expected to generate annual revenues of
approximately $1.95 million for 35 years.
With the global
green energy market forecast to reach $831.9 billion by 2019, Pan Global is
positioning itself to benefit from the green energy movement while growing its
business through the acquisition and development of other green energy operations
around the world.
For more information
visit www.panglobalcorp.com
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