Atlantic Wind and Solar to Acquire CIT Manufacturer
Atlantic Wind and Solar Inc. is acquiring a 60% interest in Aim Global Energy Inc., the manufacturer of leading edge, high-yield converter/inverter (CIT) technology used in AWSL’s high yield Renewable Energy systems.
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Atlantic Wind and Solar to Acquire CIT Manufacturer
AWSL in Discussions Regarding Prospects for the Company’s Renewable Energy Systems under India’s Progressive New Feed-in-Tariff
Atlantic Wind and Solar Inc. (OTC: AWSL) is pleased to report that it has been approached by various groups to quote on multiple wind and solar projects in India and discussions are continuing. Last fall, India’s Central Electricity Regulatory Commission (CERC) announced a strategic move to use a comprehensive system of feed-in tariffs (FIT) to advance this major developing economy’s renewable energy potential. With 1.1 billion people and extraordinarily rapid economic growth, it is now clear that the growth potential for efficient Renewable Energy systems in India is enormous.
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AWSL in Discussions Regarding Prospects for the Company’s Renewable Energy Systems under India’s Progressive New Feed-in-Tariff
AWSL Subsidiary Atlantic Solar Inc. Has Competitive Technological Advantage Through Its Advanced CIT — Intends to Expand CIT Manufacturing
03/01/10 — Atlantic Wind and Solar Inc. (AWSL) is pleased to provide further information regarding its wholly owned subsidiary Atlantic Solar Inc.’s (ASI) competitive advantage through the application of leading edge Converter/Inverter technology (CIT). As well, the Company is finalizing plans to expand CIT manufacturing.
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AWSL Subsidiary Atlantic Solar Inc. Has Competitive Technological Advantage Through Its Advanced CIT — Intends to Expand CIT Manufacturing