GARDEN GROVE, Calif.,
Oct. 8, 2014 /PRNewswire/ -- 808
Renewable Energy Corporation (OTCQX: RNWR), today announced a 43%
increase in total kWh of electricity generated in the 3rd Quarter
2014, compared to prior Quarter. The Company projects that the
robust production growth will continue over the 4th Quarter due to
the expected reactivation of several more of its CHP systems. The
Company's CHP systems produced over 1.4 million-kilowatt hours in
the 3rd Quarter of 2014, compared to less than 1 million
kilowatt-hours in the 2nd Quarter of 2014.
"We are proud of our results and are looking forward to another
breakthrough year in 2014," states Patrick
Carter, the Chief Executive Officer of 808 Renewable Energy.
"There is an urgent need among our public and private customers for
cost-effective, carbon-neutral energy solutions. Our increased
production validates our commitment to seize this opportunity and
to reward our investors with significant returns in the long
run."
808 Renewable Energy currently owns and operates 22 CHP energy
systems in 6 sites spread across San
Francisco Bay Area and Southern
California. The Company is California's leading CHP owner/operator of CHP
systems under 1.5 MW, supplying the public and private sectors with
eco-friendly, cost-effective electrical and thermal energy.
http://www.808renewableenergy.com
About 808 Renewable Energy
Headquartered in Garden Grove,
CA, 808 Renewable Energy bridges the gap between industry
and investors with renewable energy investments. 808 Renewable
Energy's primary focus, to provide and manage renewable,
eco-friendly projects for manufacturing companies and other large
facilities, is accomplished by installing or acquiring for clients,
cost-free cogeneration, solar and other renewable energy equipment,
which lowers energy costs, reduces environmental emissions, and
ecological footprint. 808 Renewable Energy is the leading CHP
provider in the State of
California, with more than 22 CHP systems in public and
private buildings.
Forward Looking Statements
Statements contained in this press release may contain
forward-looking statements. Any historical facts stated is
faithfully represented as of the date these statements are
released. Any expectations about the projected production are based
on current projection and may substantially change under unforeseen
events and/or circumstances in the future. The Company is not
obliged to update the forward-looking statements provided for any
events that occur or any circumstances that exist after the date
this statements are published.
SOURCE 808 Renewable Energy Corporation