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Monday, June 09, 2014 5:16:29 PM
Pan Global competes in the lucrative and rapidly evolving renewable energy sector as an investor in high ROI green energy technology and infrastructures around the world. The company first assesses each prospective opportunity and then invests in the high-potential projects as either an owner-developer and/or as a partner to other developers. Revenue is created from the sale of power generated and sold to government-owned electricity companies or from the direct sale of power to private buyers.
Pan Global is currently focused on hydropower projects in India, where the government has initiated incentive programs to alleviate dependency on the country’s overburdened electricity grid. Each day, India faces up to 20% electrical power generation shortages in various regions as energy demand continues to outpace supply.
In response, the government encourages public and private power generation, compelling various Indian states with hydropower potential to adopt hydropower generation policies to develop traditional large-scale hydro dam projects as well as small-scale mini-hydro plants.
Pan Global is currently in the process of acquiring Project Badyar, a 5.7MW small-hydro plant in northern India, pursuant to the company’s staggered acquisition of Regency Yamuna Energy Ltd. The project is in the final stages of construction and is on track to commence commercial operations within the next several months. Once in full-swing, Project Badyar is expected to generate annual revenues of approximately $1.95 million for 35 years.
With the global green energy market forecast to reach $831.9 billion by 2019, Pan Global is positioning itself to benefit from the green energy movement while growing its business through the acquisition and development of other green energy operations around the world.
For more information visit www.panglobalcorp.com
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