GWSI | GWS Technologies To Distribute Wind Turbines

Subscribe To 1000 Penny Stocks Feed For Up To Date News

Jul 31, 2008 8:00:00 AM
Copyright Business Wire 2008

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--

GWS Technologies, Inc., (OTCBB: GWSI) an alternative energy company developing and marketing microgeneration solar and wind-powered renewable energy products and solutions, today announced that it has entered into an agreement with Calgary-based Windterra Systems, Inc. to distribute Windterra's revolutionary ECO1200 Vertical Axis Wind Turbine (VAWT). The ECO 1200 will be the first in a family of wind turbines designed specifically for roof top residential and light industrial use.

"Windterra is developing a line of small wind turbines that are affordable, easy to install, and are designed to generate power even at low wind speeds. The addition of Windterra's ECO 1200 to our product line helps us secure our position in the microgeneration power market," said GWS Technologies Vice President Michael Coskun.

Approximately 1.5 pounds of CO2 are emitted for every kilowatt-hour (the energy equal to the use of one kilowatt in one hour, or kWh) generated domestically. Windterra estimates that the ECO 1200 will produce about 1642 kWh a year in a micro-wind of only 5m/sec (11.18 mph), reducing the average home carbon footprint by 2,463 lbs (well over a ton) of CO2 per year. One of the fastest growing segments of the power sector, wind generation capacity is expected to more than double between 2006 and 2011 worldwide.

"Our roof-mounted small-wind turbine systems give homeowners and other small-application users the ability to generate their own safe, inexpensive, emissions-free power by harnessing an abundant, renewable and freely available energy source, the wind," said Yanni Kalajakis, Director of U.S. Market Development for Windterra. "We're excited to be working with GWS Technologies to bring our products into new markets where wind power is an untapped resource."