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Pacific Green Technologies Enters Agreement for the Sale of its First ENVI-Clean(TM) Emissions Control System in China
3 hours ago
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SAN JOSE, CA / ACCESSWIRE / April 11, 2016 / Pacific Green Technologies Inc. (PGT) (PGTK) is pleased to announce the sale of an ENVI-Clean™ Emissions Control system to Yancheng Lianxin Steel Company Limited ("Yancheng Lianxin") with its joint venture partner POWERCHINA SPEM Co., Limited ("POWERCHINA SPEM"). The sale forms part of POWERCHINA SPEM'S overall Engineering Procurement Construction (EPC) contract to supply, manufacture and install a 93MWe Combustion Gas Power Plant.
The ENVI-Clean™ system will be manufactured and installed at the Steelworks based in the Jiangsu province, North West of Shanghai. The ENVI-Clean™ System will be supplied at a cost of RMB10,000,000 (US$1,544,000) making up part of the overall approximately RMB200M (US$30,883,000) EPC contract.
Under the terms of the ten-year Commercial Joint Venture Agreement ("JV") signed in November 2015 with POWERCHINA SPEM, PGT will design, engineer and commission the ENVI-Clean™ System and POWERCHINA SPEM will manufacture and install it whereupon the profits will be shared 50/50.
POWERCHINA SPEM is the leading Chinese power equipment manufacturer and a subsidiary of POWER CHINA, the largest power plant manufacturer in the People's Republic of China.
Alex Shead, Chief Executive of Pacific Green Technologies China Limited, commented: "This first sale in China is a turning point for PGT both in Asia and internationally. In the first quarter of 2016 we have successful recruited Edward Li, one of China's most respected emissions experts as our Chief Engineer for PGT China, moved into our JV offices in Shanghai and are now quoting on over 4400MWe (4.4GWe) of ENVI-Systems for numerous Chinese customers."
Ken McClelland, ENVI-Systems inventor and Head of PGT's Technical Services said: "It is a great demonstration of the wide range of applications of the ENVI-Clean™ System that Yancheng Lianxin has chosen the ENVI-Clean™ System for its combustion gas power plant. This project is Phase 1 of three potential phases at this particular steelworks."
Neil Carmichael, Chief Executive of Pacific Green Technologies Inc., added: "The focus on the JV was a very conscious strategic decision so PGT could build its R&D, engineering and design capabilities in Shanghai with the support of POWERCHINA SPEM. This is a unique platform for us to now roll out our strategy internationally with substantial resources available to us though our partner."
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The company's strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting edge technologies designed to meet increasingly stringent environmental standards.
For more information, visit PGT's website: www.pacificgreentechnologies.com
Contact:
Neil Carmichael, President and Director
Pacific Green Technologies
T: +1 (408) 538-3373
About POWERCHINA SPEM Co. Ltd
POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGT technology throughout the PRC.
Contact:
Mr Lin Yongxiang
Deputy General Manager, Chief Engineer
POWERCHINA SPEM Co., Ltd
CEOLIVE.TV Announces New Interview with Alex Shead, CEO Asia of Pacific Green Technologies, Inc.
April 6, 2016 2:30 PM
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ORLANDO, FL / ACCESSWIRE / April 7, 2016 / CEOLIVE, Inc. , A provider of in-depth video interviews with public company CEO's (www.ceolive.tv), announced today that a new interview with Alex Shead, CEO of Pacific Green Technologies, Inc. (PGTK) is now available on their website.
This video interview is part of an ongoing series that will features CEO's from leading small and micro cap companies addressing topics related to the company's business performance and strategy.
The interviews are not intended to provide the first announcement of material information or developments about the company. Instead, they will discuss matters previously announced through other channels or that are not themselves considered material information under securities laws, even though the matters may be important to shareholders.
In this interview Mr. Shead discusses the company's business model and the company's recent announcement regarding the Joint Venture with POWERCHINA.
The video interview can be viewed at the following link:
http://ceolive.tv/pgtk-global-clean-tech-leader-secures-jv-with-powerchina/
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focused on addressing the world’s need for cleaner and more sustainable energy. The company’s strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting edge technologies designed to meet increasingly stringent environmental standards.
To learn more about Pacific Green Technologies, Inc. please visit their website at www.pacificgreentechnologies.com.
About CEOLIVE.TV
CEOLIVE.TV provides Investor Media, News, Research and IR Services through The "Investor Profiles", "Investor Updates" and "CEOLIVE Watchlist" video series.
Forward Looking Statements
This CEOLIVE.TV news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company's contracts, the Company's ability to raise sufficient development and working capital, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all.
Contact CEOLIVE.TV
Mike Elliott
newsdesk@ceolive.tv
Pacific Green Technologies Agree to Distribute Additional Environmental Technologies Through the POWERCHINA SPEM Joint Venture
March 22, 2016 8:30 AM
????SAN JOSE, CA / ACCESSWIRE / March 22, 2016 / Pacific Green Technologies China Limited ("PGTC") a subsidiary of Pacific Green Technologies Inc. (PGTK) is pleased to announce that PGTC and POWERCHINA SPEM Co., Limited ("POWERCHINA SPEM") have agreed to identify and source complimentary new environmental technologies alongside the ENVI emission systems to be distributed through theCommercial Joint Venture Agreement ("JV") in the China market.
The JV partnership which is marketed in China as "Pacific Green Technologies Power China SPEM" signed in November 2015 sets out the terms for PGTC and POWERCHINA SPEM to co-operate exclusively in the PRC for ten years to develop the ENVI-Clean™ and ENVI-Pure™ emission control systems to become the market leader in the Coal Fired Power, Steel Works, Cement Works and Waste to Energy industry sectors.
Alex Shead, Chief Executive of PGTC, commented: "We are setting up our joint offices in Shanghai and are in various stages of quotations to supply ENVI Systems to power plants with a combined output of 4,400 MWe. This reinforces our vision to be the market leader in the Emissions Control sector inChina."
Ken McClelland, inventor of the ENVI emission control systems and PGT's Head of Technical Services said: "The profile of emissions and other environmental controls is clearly at the top of China's industrial agenda today. It makes sense for us to develop a 'one stop shop' of industry leading emission control technologies in partnership with POWERCHINA SPEM. Since our original JV announcement we have been approached to represent numerous western technologies into China through our State Owned Enterprise relationship and now with POWERCHINA SPEM's directive we can see vast scale of economic benefits as we expand."
Neil Carmichael, Chief Executive of Pacific Green Technologies Inc., commented: "Our JV platform gives us an ideal structure for the distribution of other environmental technologies. Given the often reported difficulties that western companies encounter in China we are confident that this will be a great opportunity for PGT to leverage its relationship with one of the largest state owned enterprises in China."
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focussed on addressing the world's need for cleaner and more sustainable energy. The company's strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting edge technologies designed to meet increasingly stringent environmental standards.
For more information, visitPGT's website:
www.pacificgreentechnologies.com
Contact:
Neil Carmichael, President and Director
Pacific Green Technologies
T: +1 (408) 538-3373
About POWERCHINA SPEM Co. Ltd.
POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGTtechnologies throughout the PRC.
Contact:
Mr Lin Yongxiang
Deputy General Manager, Chief Engineer
POWERCHINA SPEM Co., Ltd.
Pacific Green Technologies China Appoints Head of Engineering for China
January 28, 2016 8:30 AM
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SAN JOSE, CA / ACCESSWIRE / January 28, 2016 / Pacific Green Technologies China Limited, ("PGTC"), a subsidiary of Pacific Green Technologies Inc. (the "Company") (PGTK), is pleased to announce the appointment of Li Xionghao as PGTC's Head of Engineering in China.
Mr. Xionghao joins PGTC at a key point following the signing of the commercial joint venture agreement with POWERCHINA SPEM Co., Limited ("PCS") on November 17, 2015 (the "Joint Venture Agreement"). PCS is a leading Chinese power equipment manufacturer and a subsidiary of POWERCHINA, the largest power plant equipment manufacturer in the People's Republic of China ("PRC").
Mr. Xionghao comes to PGTC from his role as Professional Chief Engineer at POWERCHINA Equipment Research Institute to head up the PGTC engineering team in PGTC's offices in Shanghai. His key role will be to manage PGTC's rollout of projects that emanate from the Joint Venture Agreement in the PRC.
Mr. Xionghao is a Flue Gas Desulphurization ("FGD") specialist who has published many articles on boilers and FGD systems. In his career at Central Southern China Electric Power Design Institute and Wuhan Kaidi Electric Power Co., Ltd., he held roles of principal designer, principal engineer, chief engineer and vice general manager.
Alex Shead, Chief Executive of PGTC, commented: "Li is a highly respected and knowledgeable engineer whose appointment is strategic to our expansion in the PRC. As an accomplished engineer he has designed, installed and commissioned coal fired power plants as well as undertaken extensive technology research and design in pollutant treatment, particle treatment and FGD systems."
Neil Carmichael, Chief Executive of the Company, commented: "I am delighted to welcome Li to head up the engineering team in Shanghai bringing his deep experience in engineering as well as his specific knowledge in FGD systems. Now that the PRC are stringently enforcing their environmental protection laws his appointment to assist the Company in realising its expansion plans in PRC is very timely."
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focussed on addressing the world's need for cleaner and more sustainable energy. The Company's strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting edge technologies designed to meet increasingly stringent environmental standards.
For more information, visit the Company's website:
www.pacificgreentechnologies.com
Contact:
Neil Carmichael, President and Director
Pacific Green Technologies Inc.
T: +1 (408) 538-3373
Pacific Green Technologies China Signs Commercial Joint Venture Agreement with POWERCHINA SPEM Co., Ltd. To Sell Its Technology in the Peoples Republic of China
December 1, 2015 8:30 AM
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SAN JOSE, CA / ACCESSWIRE / December 1, 2015 / Pacific Green Technologies China Limited ("PGTC") a subsidiary of Pacific Green Technologies Inc. (PGTK) is pleased to announce that it has signed a Commercial Joint Venture Agreement ("JV") with POWERCHINA SPEM Co., Limited ("POWERCHINA SPEM").
POWERCHINA SPEM is a leading Chinese power equipment manufacturer and a subsidiary of POWER CHINA, the largest power plant equipment manufacturer in the People's Republic of China ("PRC").
The JV Agreement sets out the terms for PGTC and POWERCHINA SPEM to co-operate exclusively in the PRC for ten years to develop the ENVI-Clean(TM) and ENVI-Pure(TM) emission control system to become the market leader in the Coal Fired Power, Steel Works, Cement Works and Waste to Energy industry sectors.
Alex Shead, Chief Executive of PGTC, commented: "With the scale of POWERCHINA's reach and capabilities as one of China's leading State owned Enterprises, we are convinced that PGT's technology will become the preeminent emissions control technology in China."
Under the terms of the JV Agreement POWERCHINA SPEM will take responsibility for manufacturing and installation within the market as well as accessing their extensive customer base for new and retrofit projects using the technology. The summary of the terms are:
- Exclusive in the PRC for 10 years with an option to extend for a further 10 years
- PGTC will finance engineering design, specifications and new product research and development
- POWERCHINA SPEM will finance manufacturing, installation and equipment procurement
- POWERCHINA SPEM will solicit customers using their existing and new customer base and be responsible for client receivables
- PGTC will expand it's operations within the offices of POWERCHINA SPEM in Shanghai as the Headquarters for Pacific Green Technologies Inc in South East Asia
- All profits will be shared 50/50 between PGTC and POWERCHINA SPEM
Pacific Green Technologies Inc., will also identify and source complimentary technologies with application to the PRC market that can access POWERCHINA SPEM's customers.
Neil Carmichael, Chief Executive of Pacific Green Technologies Inc., commented: "This Commercial Joint Venture Agreement marks a quantum leap for PGT's evolution and with the endorsement of an industry leader such as POWERCHINA SPEM we have now created a solid commercial platform to roll out our emissions control technologies internationally."
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focussed on addressing the world's need for cleaner and more sustainable energy. The company's strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting edge technologies designed to meet increasingly stringent environmental standards.
For more information, visit PGT's website: www.pacificgreentechnologies.com.
Contact:
Neil Carmichael, President and Director
Pacific Green Technologies
T: +1 (408) 538-3373
About POWERCHINA SPEM Co. Ltd
POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGT technology throughout the PRC.
Contact:
Mr Lin Yongxiang
Deputy General Manager, Chief Engineer
POWERCHINA SPEM Co., Ltd
LOL - 6 posts in 3 years Magouille - amazing!!!
Kind of surprised this one is up huge from its 20 cent low and creeped up this whole time staying under radar
No new post from 2012 and yesterday a new post? So amazing
It looks like news is going to be starting up again after the March 22, 2016 PR. I don't understand why there is no volume, price is staying up.
ECSID changed to PGTK.
http://www.otcbb.com/asp/dailylist_detail.asp?d=07/12/2012&mkt_ctg=NON-OTCBB
Yah I know its just w the .005 paint job it will
allow them to open much higher
and dilute into newbies
MK
Dont matter all the shares gonna be wiped out after tomorrows RS. friggin robbers.
5K .005 paint close, nice!
Time & Sales
Price Size Exch Time
$0.0050 5,000 OTO 15:58:47
$0.0006 48,722 OTO 15:55:26
$0.0006 2,872 OTO 15:54:46
$0.0012 1,100 OTO 15:36:42
$0.0008 200,000 OTO 15:35:04
$0.0006 183,900 OTO 15:19:23
$0.0007 200,000 OTO 15:16:45
$0.0012 25,178 OTO 15:08:03
$0.0012 60,000 OTO 14:11:11
$0.0012 114,822 OTO 14:06:14
$0.0011 55,000 OTO 13:50:11
$0.0011 72,675 OTO 13:47:14
$0.0011 523,278 OTO 13:43:02
$0.0013 300,000 OTO 13:42:57
$0.0013 50,000 OTO 13:42:31
$0.0020 55,000 OTO 13:38:33
$0.0012 25,002 OTO 13:36:53
$0.0015 74,998 OTO 13:36:49
$0.0015 144,820 OTO 13:32:52
$0.0021 70,000 OTO 13:31:43
$0.0021 70,000 OTO 13:31:38
$0.0021 30,000 OTO 13:30:46
$0.0100 30,000 OTO 11:54:13
$0.0100 20,000 OTO 06/11
$0.0100 5,000 OTO 06/06
this will allow them to open very hi
nice work, must have been co who did this
MK
ECSI WOW 1-2000 RS!?!?! I never imagined they would do a massive RS on a low floater like this. You can see only 1.6M dumped how low the float is.
What a disgusting display of greed.
Pacific Green Tehnologies Inc are scammers is all I can come up with.
thats crazy. ECSI is a low float stock. why R/S? curious
thx.. looking thin. but high risk without news. triple zero very soon. is on watcb
R/S? please link. thx
WTF! 1 for 2000 Really? Only a penny stock scammer splits like that. This new business Pacific Green Technologies has got to be a scam.
ENVI-Clean™ Waste to Energy, Biomass and FGD scrubbers are constructed in modular units from a combination of stainless and mild steel to guarantee a long operating life. The footprint of the system is significantly smaller than traditional systems, reducing cost and maximising retro-fit opportunities.
The proprietary patent-pending scrubber head design produces highly efficient scrubbing at moderate pressure drops and lower liquid/gas ratios than conventional spray tower scrubbing. The reduced amount of scrubber water pumping more than compensates for higher gas pressure drops, making the overall process more cost-effective from an energy standpoint.
http://pacificgreentech.net/contact-us.html
UK Website
http://pacificgreentech.net/
Pacific Green Technolgies provides a range of gas cleaning products based upon the Envi-Clean™ wet scrubbing system. For use in applications such as Waste to Energy, Coal and Biomass plants, the systems uses a modular approach to remove a wide range of species to International emission control standards (IPPC, LCPD, WID).
Coal: The ENVI-Clean™ FGD scrubber technology incorporates two well-known flue gas desulfurization techniques, the limestone forced oxidation (LSFO) method and the magnesium-enhanced lime (MEL) method. The integration of both of these technologies into one process combines the cost- effectiveness of LSFO with the higher efficiency of MEL.
Waste to Energy: With the addittion of Hydro-Cyclone and Wet ESP technology, the EnviClean™ system can be applied to both Biomass and Energy from Waste plants
Video Published on May 22, 2012 by PacificGreenGroup
NICE!!! Only been in since 2009. Better late than never.lol
Some awesome info on our new company:
Pacific Green Technologies Limited are the exclusive agents for the EnviroResolutions flue gas scrubbing technology for Europe, Eastern Europe, Africa & The Middle East. http://pacificgreentech.net/
New website registration:
www.pacificgreengtechnologies.com (not up yet)
http://www.networksolutions.com/whois-search/pacificgreentechnologies.com
Scott Poulter website registration
Scott Poulter on Linked-In is Director of Pacific Green Group Limited
http://www.linkedin.com/pub/scott-poulter/20/9b/433
Director - Scott Poulter
Pacific Green Group Limited
December 2007 – Present (4 years 7 months)
PGG is focused at building a future where energy supply no longer needs to cost the earth.
With an international distribution network, PGG (Pacific Green Group) markets the world leading ENVI-Clean Emissions Control System.
holy mackerel great find i still have all my shares too
ECSI .01 - Float is around 5M - OS 35M - AS 500M
Market Value1 $93,687 a/o Jun 05, 2012
Shares Outstanding 37,474,953 a/o May 11, 2009
Authorized Shares 500,000,000 a/o Dec 31, 2005
Par Value 0.001
.10 paint job today. I know they are working on financials and rm here.....should be a good one!
Might be merger time!
.0065 gone .008 up wonder if anything going on. I quit talking to CEO almost a year ago too many empty promises there.
ECSI .0012x.0049 - keep it on watch!
no, too hard for me to call with my work hours, I have his number if you want
so has there been any communication between you and starkman?
he is usually good at calling back.
Fwiw, Starkmann emailed me back telling me to call him yesterday (can't call from work though, but at least he read my thoughts). I emailed him at his Health Advance Corp company to ask about ECSI and basically said he owes investors some sort of explanation for the 8 months of silence. The fact that he even replied at least means it's not a complete dead shell yet.
I guess it was, too bad. This thing could be .05-.10 with news
maybe it was one of those momo groups yesterday? buying stopped on a dime.
Yes! looking great bro!
.0098 x .013
Waking nicely today!
no. i wish i did. CEO been working on OTGI and thats what the hold up seems to be. I think they will do something with Ecash but when who knows. maybe ill call again this week.
Gumza, any idea WTF is going on here?
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