Sustainable Energy Retains Global Energy Broker for the Sale or License Wind Turbine Technology.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--Jan. 17, 2001 Sustainable Energy
Sustainable energy sources are energy sources which are not expected to be depleted in a timeframe relevant to the human race, and which Technologies Ltd. (CDNX CDNX See Canadian Venture Exchange (CDNX). :STG stg abbr (= sterling) → ester .) is pleased to announce they have signed an agreement to retain Prebon Energy, a leading energy broker, to identify and develop relationships for Sustainable Energy that will lead to a sale or license of its wind turbine technology in Australia. Prebon has main offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , London and Sydney. David Griffin David Griffin (born 19 July 1943) is an English actor best known for appearing in Hi-de-Hi! and Keeping Up Appearances. He appeared in later series of Hi-de-Hi! , Vice President - Environmental Products for Prebon Energy in Sydney, recognizes a strong market opportunity for Sustainable Energy in Australia and Asia. "Remote diesel installations are a large source of Greenhouse Gas Emissions, and Sustainable Energy's wind turbine technology is ideally suited to offset the emissions and fuel costs of these systems." The recently passed Australian Renewable Energy Act requires power producers to generate an extra two percent of power from renewable sources by 2010 such as wind. Sustainable Energy received design certification for their 250 kW vertical axis wind turbine in April 2000 from Germanischer Lloyd of Germany, an internationally recognized certification agency. This was the first Canadian wind turbine technology to be certified for international markets. "We feel that Prebon will identify and develop significant opportunities for us that will fund further development and commercialization of our wind turbine technology. Engaging Prebon reinforces Sustainable Energy's commitment to creating substantial shareholder value from our wind turbine technology," explains Michael Carten, Sustainable Energy's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Prebon Energy is a part of the Prebon group of companies, a leading global institutional broker of commodities, financial and energy products. Sustainable Energy Technologies Ltd., headquartered in Calgary, Alberta, is primarily in the business of developing, commercializing and marketing power management and power conditioning products for distributed generation markets worldwide. Sustainable Energy's technologies improve power quality and reduce electricity costs and greenhouse gas emissions through increased operating efficiencies in applications such as fuel cells and solar power. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved the information contained herein. |
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