Atlantic Wind and Solar Inc. Enters into Strategic Relationship with a Leading Real Estate company and Launches Ontario Rooftop Solar Venture
Press Release
Source: Atlantic Wind & Solar Inc.
On Friday October 9, 2009, 4:00 pm EDT
Atlantic Wind and Solar Inc. - October 9, 2009 (OTC: AWSL) is pleased to announce that, prompted by the generous Feed-in-Tariff program announced by the Ontario Government in September, Atlantic Wind and Solar Inc. has entered into a strategic relationship with a leading Canadian Commercial Real Estate company to secure rooftop leases in Ontario for its photovoltaic (PV) renewable energy systems. The program involves securing long-term lease agreements for commercial rooftops, in exchange for attractive lease payments to the building owners.
Distinct Advantages of AWSL's Solar Energy Park Rooftop Solar Systems
The Company's Rooftop Solar Division will apply superior technology to maximize power generation and profits under the new Ontario FIT incentives for expanding Renewable Energy use. It will use and exclusively benefit from the technological advancements, close strategic corporate relationships, and IP technology licenses offered and afforded by associate Hybridyne Group of Companies. With its high-efficiency converter/inverter (CIT) technology and other leading edge technologies, Atlantic will build the most efficient Solar Photovoltaic (PV) electricity generation facilities designed for rooftops.
The leading edge technology embedded in AWSL Solar Energy Park rooftop systems will provide enhanced electricity generation and commensurate higher profits. The resultant return on investment (ROI) is maximized, prompting ever-cost-conscious real estate owners and developers to investigate this exciting "new" long term revenue stream. Formation of a strategic relationship with a leading company in Ontario's real estate/property management industry paves the way for accelerated deployment of AWSL's rooftop solar systems.
The Rooftop Opportunity
Countless rooftops across Ontario are well positioned to avail themselves of the wealth of solar power via PV solar array electricity generating systems such as Atlantic Wind and Solar's advanced Solar Energy Park rooftop solar systems. Through widespread media coverage, society is becoming increasingly appreciative of the fact that Clean Renewable Energy is economic, unlimited and environmentally friendly.
About Atlantic Wind and Solar Inc:
Through focused management, strong R&D, state-of-the-art proprietary technology, exclusive licenses, and joint ventures, Atlantic Wind & Solar Inc. is poised for rapid growth at the forefront of the massive global shift towards environmentally friendly, economical renewable energy. The Company is positioned to achieve significant inroads into key sectors of the annual $200 billion renewable energy boom that is accelerating across North America and around the world.
For more information and/or to subscribe for regular news updates from Atlantic Wind & Solar, visit: www.atlanticwindandsolar.com
Disclaimer:
Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities.
The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements. |