Global Warming Solutions Releases Solar Energy Technologies Presentation
February 21 2008 - 9:40AM
Business Wire
Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of
technologies aimed at mitigating the effects of global warming �
today released a twenty-four page presentation outlining the
Company�s Solar Energy Technologies. The Presentation can be found
on the �Clean Energy� section of the Company�s website or by direct
download here:
http://www.globalwarmingsolutions.com/downloads/GWSO%20Solar%20Ene
rgy%20Presentation%202008.pdf (Due to its length, this URL may need
to be copied/pasted into your Internet browser's address field.
Remove the extra space if one exists.) �We feel that many of our
potential partners and investors do not know enough about how each
of our technologies works and hope that this presentation will help
them understand more about our solar technologies,� said Dr.
Vladimir Vasilenko, Chief Executive Officer of Global Warming
Solutions. Global Warming Solutions is currently focused on two
areas within its clean energy portfolio of technologies: Solar
Energy and Wave Energy. Within Solar Energy, the Company has
developed the LETG Technology which can be used to generate
electricity and heat in a home, or as a generation technology for
power plants. In addition the Company has also developed two
optical coatings which increase the efficiency of conventional
solar panels by 10-12%. Recently Global Warming Solutions announced
that it was preparing to develop a prototype electricity-generating
power plant based on the LETG technology. The plant would be a
combination of an LETG with a low-temperature thermal turbine. The
rated levelized cost of developing the LETG Solar Power Plant is
projected to be 1.9-2.2 times less than the levelized cost of a
conventional Solar Thermal Plant. A diagram of the LETG Solar Power
Plant can be seen by visiting this link:
http://www.globalwarmingsolutions.com/images/powerplant_1.jpg About
Global Warming Solutions, Inc. Global Warming Solutions develops
and commercializes technologies that help mitigate Global Warming
and its effect on our planet. The Company targets three areas that
help reduce the extent of Global Warming and fight issues that have
arisen as a consequence: Clean Energy, Carbon Control, and Water
Purification. Current climate models predict that global
temperatures will rise sharply over the next century. The increase
in temperatures can be slowed or eliminated by decreasing the
amounts of greenhouse gases released into the Earth�s atmosphere.
Global Warming Solutions seeks to leverage its experience and
management to help make a difference in the fight for climate
control. For more information visit the company website:
http://www.globalwarmingsolutions.com The information contained in
this press release may include forward-looking statements.
Forward-looking statements usually contain the words "estimate,"
"anticipate," "believe," "expect," or similar expressions that
involve risks and uncertainties. These risks and uncertainties
include the company's uncertain profitability, need for significant
capital, uncertainty concerning market acceptance of its products,
competition, limited service and manufacturing facilities,
dependence on technological developments and protection of its
intellectual property. The company's actual results could differ
materially from those discussed herein.
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