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I'm not blaming Zoe, I really don't believe a single post about how many shares are held. We had profit taking which turned into panic selling. Now I think people are just hesitant to jump on board. The company has announced positive progress since March. I don't think we are far off from big news that will get this moving again. I think anyone who has patience and gives the company a chance will be greatly rewarded. It has only been 5 weeks since the merger and they already announced 58 and 47 MW deals with 300 MW planned for 2011 and 3 GW over the next 3 years. I think we are very undervalued right now.
Yea and I own 1.3 million shares and I will be sure to let everyone here know before I sell any of them.
I would think, now that management is set, we would be getting an update soon. I am sure they want the share price to reflect the true value of this company as much as we do.
IMO If Zoe did have a large position, he already sold and that may be one of the reasons we sit at .60
I hope the best for your nephew and your family. That is a very difficult thing to go through. May God be with him and your family.
Wouldn't a debt holder of 50 million in financing want the company to be profitable so the debt will be repaid? I would think he has alot of interest in the success of PSPW.
zoedog10
Share
Tuesday, April 12, 2011 8:12:06 PM
Re: sctts post# 18221
Post # of 36491
Only confusing part is "WHO" is selling...I guess the same people i talk to every day that ask "how come i never get lucky"....Hum well because your stupid...
zoedog10
Share
Friday, March 11, 2011 7:09:25 AM
Re: None
Post # of 36489
I have a sell order at $2.50 for 500k so dont freak if you see it go though..LOL
I hope I am wrong but my gut tells me I'm not. If you feel open enough to share how many shares you own and when you bought and now you say your exiting but the company is still going to be at $5.00 sorry just doesn't make sense.
IMO it makes no sense your long and strong at $2.00 + and now at .63 you are exiting. I think you have been selling since 2.48 and thats why we are at .63 and now you want to incite fear selling so you can load back up in the .20's and .30's and do it again. I actually thought you were one of the posters trustworthy on this board but now I believe I am mistaken.
Arista Power to Present at Storage Week 2011 Conference in San Diego, California
ROCHESTER, N.Y., June 20, 2011 /PRNewswire via COMTEX/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB: ASPW.OB), a developer and manufacturer of wind turbines, renewable energy power storage and management systems, and a supplier of solar energy systems, announced today that it will present on July 14, 2011 at the upcoming Storage Week 2011, a premier international market development hub for energy storage.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO)
Mark Matthews, Arista Power's Vice President of Sales and Marketing, said, "We are excited to be part of this innovative conference that has been sold out for the past three events. Not only will we be presenting to major market players, but we will also be amongst top policy makers, grid operators, utility planners, engineers, and other industry decision makers that are looking for innovative and cost-effective technologies like ours."
Mr. Matthews said the title of Arista Power's presentation is: 'Power on Demand: Dynamic Integration of Renewable Energy, Energy Storage, and Power Distribution for Demand Management.' The presentation will focus on:
Arista Power's development and implementation of its Power on Demand system, which is a demand management system that integrates renewable energy, grid power, and energy storage, to reduce electricity demand charges of commercial customers.
Arista Power's use of the Power on Demand system in mobile applications that integrate renewable energy, fuel cells, and energy storage, which have been procured by the U.S. Army and the Federal Bureau of Investigation (FBI) as an alternative to diesel generators in off-grid locations.
"The fact that we have received orders from entities such as the U.S. Army and the FBI conveys the undeniable message to the industry, customers, and investors, that we are quickly gaining traction, attention, and credibility with our Power on Demand systems and mobile applications. Our systems are so unique, with a compelling return on investment, that we have become recognized as an innovative and pioneering company with a vast market for our products. We are well positioned to take advantage of this opportunity. Our presence at conferences, such as the prestigious Storage Week 2011, is just one avenue that we will use to reach our target markets and to form alliances with other industry players," said William Schmitz, Chief Executive Officer of Arista Power.
Storage Week 2011 will be held from July 11th to July 14th, in San Diego, California.
For more information on Arista Power, go to www.aristapower.com
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines, custom-designed renewable energy storage and power management systems, and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbines utilize a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid."
blubbar you should sell and move on. Sounds like you haven't done much DD on the company or management team.
Did everyone forget that we have had big news already 3 days after the merger.
3Power Energy Group Enters into 58MW Chile Project Acquisition Agreement
NEW YORK, May 19, 2011 (BUSINESS WIRE) -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the Company has entered into agreement to acquire two wind energy projects in Chile totalling 58MW (the "Projects").
The vendor has already obtained and/or is in the process of finalizing all the necessary regulatory and statutory agreements together with all permissions required for development of the Projects. 3Power is currently finalising negotiations on the Power Purchase Agreements and debt financing provisions for the Projects. The Company expects to provide the equity financing via the $50M credit facility provided by CR&P Holdings S.p.A. previously announced on March 11, 2011. 3Power expects to close the final Project Agreements very shortly and, upon closing, the Company intends to transfer the Projects to a recently formed wholly-owned Chilean subsidiary, 3Power Energia S.A.
The Company has also recently signed a letter of intent for the acquisition of a 47MW wind energy project in Ecuador to be developed and has made significant progress on the license acquisitions in Albania.
The Company intends to develop up to 3 GW of renewable energy projects over the next 3 years. The Company's combined project pipeline covers wind, solar, hydro and biomass development opportunities in Chile, Ecuador, Peru, France, Italy, Greece and Albania. The Company is currently in the process of securing rights for the development of an aggregate of 300 MW of renewable energy generation during the course of 2011.
About 3Power Energy Group 3POWER is emerging as a world-wide independent major player in producing electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based upon these technologies. The Company plans to develop clean, sustainable power generation and become a trusted energy provider to utility companies and corporate entities around the world. The Company expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia. For further information: www.3powerenergy.com.
I have to admit though, I hope whoever is bidwacking at these prices gets burned trying to get back in on the way up.
I am saying we will attract investors with a 5 to 10 year time horizon which will make mores shares in the float unavailable and as awareness continues to increase it will give way to even more demand and a steady increase in share price. With the management team involved in this company, I believe it won't be long before things start really heating up. IMO
ASPW Arista Power, Inc. Announces Order for Mobil Renewable Power Station for the Federal Bureau of Investigation
ROCHESTER, N.Y., June 15, 2011 /PRNewswire via COMTEX/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB: ASPW) announced today that it has received an order for a Mobile Renewable Power Station (MRPS) on behalf of the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The MRPS for the FBI includes a patented, ducted WindTamer wind turbine, best in class solar cells, fuel cells, and a state-of-the-art energy storage and power distribution system. The system contains fully compatible AC/DC connectors and grid interconnects, is whisper quiet and produces no heat signature. The system can be transported by commercial vehicles and is designed to replace diesel fuel generators for continuous operations. The FBI will utilize the system to power communications equipment in remote locations.
Nick Foundos, Electrical Engineer and Program Manager of the FBI's Audio Technology Deployment Unit Power Sources Program, said that, "We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS."
"There is no other system like ours," said William Schmitz, Chief Executive Officer of Arista Power, Inc. "We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward."
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid." For more information on Arista Power, go to www.aristapower.com.
Not to mention they are in the process of hiring an IR firm which will expand public awareness of the business plan and projects in the works. Once that happens we will be attracting real investors, not 1 week hold penny mentality traders.
Over 100 MW already announced for 2011 with 200 MW yet to announced this year. Anyone with any patience will make alot of money from these prices. We will be much, much higher by year end.
3Power Energy Group Enters into 58MW Chile Project Acquisition Agreement
NEW YORK, May 19, 2011 (BUSINESS WIRE) -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the Company has entered into agreement to acquire two wind energy projects in Chile totalling 58MW (the "Projects").
The vendor has already obtained and/or is in the process of finalizing all the necessary regulatory and statutory agreements together with all permissions required for development of the Projects. 3Power is currently finalising negotiations on the Power Purchase Agreements and debt financing provisions for the Projects. The Company expects to provide the equity financing via the $50M credit facility provided by CR&P Holdings S.p.A. previously announced on March 11, 2011. 3Power expects to close the final Project Agreements very shortly and, upon closing, the Company intends to transfer the Projects to a recently formed wholly-owned Chilean subsidiary, 3Power Energia S.A.
The Company has also recently signed a letter of intent for the acquisition of a 47MW wind energy project in Ecuador to be developed and has made significant progress on the license acquisitions in Albania.
The Company intends to develop up to 3 GW of renewable energy projects over the next 3 years. The Company's combined project pipeline covers wind, solar, hydro and biomass development opportunities in Chile, Ecuador, Peru, France, Italy, Greece and Albania. The Company is currently in the process of securing rights for the development of an aggregate of 300 MW of renewable energy generation during the course of 2011.
About 3Power Energy Group 3POWER is emerging as a world-wide independent major player in producing electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based upon these technologies. The Company plans to develop clean, sustainable power generation and become a trusted energy provider to utility companies and corporate entities around the world. The Company expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia. For further information: www.3powerenergy.com.
Forward Looking Statements This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to 3Power, its business and prospective development plans. These forward-looking statements can be identified by the use of terminology such as "subject to," "believe," "expects," "plan," "project," "estimate," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. Although all of the forward-looking statements set forth in this press release are believed to be reasonable, actual results may differ materially from those expressed in forward-looking statements as a result of factors outside of the control of 3Power. 3Power cannot provide assurances that any prospective matters described in the press release will successfully occur, close or otherwise be completed or that 3Power will realize the anticipated benefits of any such transactions. Important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in 3Power's Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on forward-looking statements. 3Power does not undertake and specifically disclaims any obligation to update, republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. All forward-looking statements should be regarded solely as 3Power's current plans, estimates and beliefs.
SOURCE: 3Power Energy Group
CONTACT:
3Power Energy Group Inc. Toby Durrant, Chief Investment Officer Tel: +44-(0)-203-318-1995 Email: t.durrant@3powerenergy.com
Copyright Business Wire 2011
-0-
KEYWORD: United States
Chile
North America
South America
New York
INDUSTRY KEYWORD: Energy
Alternative Energy
Utilities
Professional Services
Finance
SUBJECT CODE: Contract/Agreement
Merger/Acquisition
I think there is a gap that needs to be filled at 1.48
Relax spring, rome wasn't built overnight, shut your computer off and check again in 2 weeks.
ASPW Press Release Source: Arista Power, Inc. On Wednesday June 15, 2011, 11:14 am EDT
ROCHESTER, N.Y., June 15, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News) announced today that it has received an order for a Mobile Renewable Power Station (MRPS) on behalf of the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The MRPS for the FBI includes a patented, ducted WindTamer wind turbine, best in class solar cells, fuel cells, and a state-of-the-art energy storage and power distribution system. The system contains fully compatible AC/DC connectors and grid interconnects, is whisper quiet and produces no heat signature. The system can be transported by commercial vehicles and is designed to replace diesel fuel generators for continuous operations. The FBI will utilize the system to power communications equipment in remote locations.
Nick Foundos, Electrical Engineer and Program Manager of the FBI's Audio Technology Deployment Unit Power Sources Program, said that, "We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS."
"There is no other system like ours," said William Schmitz, Chief Executive Officer of Arista Power, Inc. "We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward."
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid." For more information on Arista Power, go to www.aristapower.com.
ASPW Press Release Source: Arista Power, Inc. On Wednesday June 15, 2011, 11:14 am EDT
ROCHESTER, N.Y., June 15, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News) announced today that it has received an order for a Mobile Renewable Power Station (MRPS) on behalf of the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The MRPS for the FBI includes a patented, ducted WindTamer wind turbine, best in class solar cells, fuel cells, and a state-of-the-art energy storage and power distribution system. The system contains fully compatible AC/DC connectors and grid interconnects, is whisper quiet and produces no heat signature. The system can be transported by commercial vehicles and is designed to replace diesel fuel generators for continuous operations. The FBI will utilize the system to power communications equipment in remote locations.
Nick Foundos, Electrical Engineer and Program Manager of the FBI's Audio Technology Deployment Unit Power Sources Program, said that, "We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS."
"There is no other system like ours," said William Schmitz, Chief Executive Officer of Arista Power, Inc. "We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward."
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid." For more information on Arista Power, go to www.aristapower.com.
ASPW Press Release Source: Arista Power, Inc. On Wednesday June 15, 2011, 11:14 am EDT
ROCHESTER, N.Y., June 15, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News) announced today that it has received an order for a Mobile Renewable Power Station (MRPS) on behalf of the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The MRPS for the FBI includes a patented, ducted WindTamer wind turbine, best in class solar cells, fuel cells, and a state-of-the-art energy storage and power distribution system. The system contains fully compatible AC/DC connectors and grid interconnects, is whisper quiet and produces no heat signature. The system can be transported by commercial vehicles and is designed to replace diesel fuel generators for continuous operations. The FBI will utilize the system to power communications equipment in remote locations.
Nick Foundos, Electrical Engineer and Program Manager of the FBI's Audio Technology Deployment Unit Power Sources Program, said that, "We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS."
"There is no other system like ours," said William Schmitz, Chief Executive Officer of Arista Power, Inc. "We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward."
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid." For more information on Arista Power, go to www.aristapower.com.
ASPW Press Release Source: Arista Power, Inc. On Wednesday June 15, 2011, 11:14 am EDT
ROCHESTER, N.Y., June 15, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News) announced today that it has received an order for a Mobile Renewable Power Station (MRPS) on behalf of the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The MRPS for the FBI includes a patented, ducted WindTamer wind turbine, best in class solar cells, fuel cells, and a state-of-the-art energy storage and power distribution system. The system contains fully compatible AC/DC connectors and grid interconnects, is whisper quiet and produces no heat signature. The system can be transported by commercial vehicles and is designed to replace diesel fuel generators for continuous operations. The FBI will utilize the system to power communications equipment in remote locations.
Nick Foundos, Electrical Engineer and Program Manager of the FBI's Audio Technology Deployment Unit Power Sources Program, said that, "We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS."
"There is no other system like ours," said William Schmitz, Chief Executive Officer of Arista Power, Inc. "We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward."
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid." For more information on Arista Power, go to www.aristapower.com.
ASPW Press Release Source: Arista Power, Inc. On Wednesday June 15, 2011, 11:14 am EDT
ROCHESTER, N.Y., June 15, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.ob - News) announced today that it has received an order for a Mobile Renewable Power Station (MRPS) on behalf of the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
The MRPS for the FBI includes a patented, ducted WindTamer wind turbine, best in class solar cells, fuel cells, and a state-of-the-art energy storage and power distribution system. The system contains fully compatible AC/DC connectors and grid interconnects, is whisper quiet and produces no heat signature. The system can be transported by commercial vehicles and is designed to replace diesel fuel generators for continuous operations. The FBI will utilize the system to power communications equipment in remote locations.
Nick Foundos, Electrical Engineer and Program Manager of the FBI's Audio Technology Deployment Unit Power Sources Program, said that, "We are procuring the Arista Power MRPS as we feel it will meet the needs of our application by combining wind, solar, fuel cells and energy storage into a reliable renewable power station. We are extremely impressed with the engineering capabilities of the Arista Power team and look forward to fielding the MRPS."
"There is no other system like ours," said William Schmitz, Chief Executive Officer of Arista Power, Inc. "We see our system as a cost-effective alternative to using diesel generators in the field. Our system is versatile, scalable, reduces the number of site visits for refueling, and can be custom-designed to incorporate a variety of technologies to service virtually any power requirement. Remote monitoring is a rapidly growing application. We are seeing increasing interest in our Mobile Renewable Power Station, both in the commercial market and from a number of government agencies, including the U.S. Army, and we expect additional orders going forward."
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid." For more information on Arista Power, go to www.aristapower.com.
Press Release Source: Arista Power, Inc. On Monday June 13, 2011, 11:00 am
ROCHESTER, N.Y., June 13, 2011 /PRNewswire/ -- Arista Power, Inc. ("Arista Power" or the "Company") (OTCBB:ASPW.OB.ob - News), a developer and manufacturer of wind turbines and renewable energy power storage and management systems and a supplier of solar energy systems, announced today that it has received an order from Sentry Group for a Power on Demand renewable energy storage and management system.
(Logo: http://photos.prnewswire.com/prnh/20110613/NY18505LOGO )
Headquartered in Rochester, New York, Sentry Group is the manufacturer and world's largest producer of fire-resistant safes, chests, files, security storage containers and gun safes.
Power on Demand is designed to reduce electricity demand charges, which can account for 30% to 70% of a commercial electric bill.
The order represents Arista Power's third sale of a Power on Demand system, a proprietary, patent-pending system that is designed to utilize energy generated by wind turbines, solar PV or the grid itself together with a custom-designed battery storage system and a proprietary real-time "smart monitoring" technology. The monitoring system is designed to smooth power demand on the grid by maintaining grid demand within optimal parameters, thereby reducing peak demand charges, prolonging battery life and lowering commercial electricity costs.
Mark Matthews, Arista Power's Vice President of Sales and Marketing, said that, "The fact that our first Power on Demand system was installed at a customer facility in February 2011 has been an important factor in moving the sales process forward and generating significant additional interest in the product."
For more on Sentry Group, go to: www.sentrysafe.com.
About Arista Power, Inc.
Arista Power, Inc. is a developer and manufacturer of wind turbines and custom-designed renewable energy storage and power management systems and a supplier of solar energy systems. Arista Power's diffuser-augmented WindTamer wind turbine utilizes a patented technology for the production of electrical power. Arista Power's patent-pending Power on Demand system utilizes inputs from multiple energy sources including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system and a proprietary smart monitoring technology that releases energy at optimal times to reduce peak power demand, thereby lowering electricity costs for large energy users who deal with peak usage pricing. Arista Power also sells a mobile renewable energy system that that generates wind and solar energy to an onboard storage unit for military and other applications, and a renewable power station that is a scalable system that can be drop-shipped to off-grid locations to be used as a "micro-grid."
For more information on Arista Power, go to www.aristapower.com.
The merger news was very positive and so is the future of this company.
3Power Energy Group Enters into 58MW Chile Project Acquisition Agreement
NEW YORK, May 19, 2011 (BUSINESS WIRE) -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the Company has entered into agreement to acquire two wind energy projects in Chile totalling 58MW (the "Projects").
The vendor has already obtained and/or is in the process of finalizing all the necessary regulatory and statutory agreements together with all permissions required for development of the Projects. 3Power is currently finalising negotiations on the Power Purchase Agreements and debt financing provisions for the Projects. The Company expects to provide the equity financing via the $50M credit facility provided by CR&P Holdings S.p.A. previously announced on March 11, 2011. 3Power expects to close the final Project Agreements very shortly and, upon closing, the Company intends to transfer the Projects to a recently formed wholly-owned Chilean subsidiary, 3Power Energia S.A.
The Company has also recently signed a letter of intent for the acquisition of a 47MW wind energy project in Ecuador to be developed and has made significant progress on the license acquisitions in Albania.
The Company intends to develop up to 3 GW of renewable energy projects over the next 3 years. The Company's combined project pipeline covers wind, solar, hydro and biomass development opportunities in Chile, Ecuador, Peru, France, Italy, Greece and Albania. The Company is currently in the process of securing rights for the development of an aggregate of 300 MW of renewable energy generation during the course of 2011.
About 3Power Energy Group 3POWER is emerging as a world-wide independent major player in producing electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based upon these technologies. The Company plans to develop clean, sustainable power generation and become a trusted energy provider to utility companies and corporate entities around the world. The Company expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia. For further information: www.3powerenergy.com.
Forward Looking Statements This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to 3Power, its business and prospective development plans. These forward-looking statements can be identified by the use of terminology such as "subject to," "believe," "expects," "plan," "project," "estimate," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. Although all of the forward-looking statements set forth in this press release are believed to be reasonable, actual results may differ materially from those expressed in forward-looking statements as a result of factors outside of the control of 3Power. 3Power cannot provide assurances that any prospective matters described in the press release will successfully occur, close or otherwise be completed or that 3Power will realize the anticipated benefits of any such transactions. Important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in 3Power's Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on forward-looking statements. 3Power does not undertake and specifically disclaims any obligation to update, republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. All forward-looking statements should be regarded solely as 3Power's current plans, estimates and beliefs.
SOURCE: 3Power Energy Group
CONTACT:
3Power Energy Group Inc. Toby Durrant, Chief Investment Officer Tel: +44-(0)-203-318-1995 Email: t.durrant@3powerenergy.com
Copyright Business Wire 2011
-0-
KEYWORD: United States
Chile
North America
South America
New York
INDUSTRY KEYWORD: Energy
Alternative Energy
Utilities
Professional Services
Finance
SUBJECT CODE: Contract/Agreement
Merger/Acquisition
smart move sell at .54 and buy it back at .89
PSPW-3Power Energy Group Enters into 58MW Chile Project Acquisition Agreement
NEW YORK, May 19, 2011 (BUSINESS WIRE) -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the Company has entered into agreement to acquire two wind energy projects in Chile totalling 58MW (the "Projects").
The vendor has already obtained and/or is in the process of finalizing all the necessary regulatory and statutory agreements together with all permissions required for development of the Projects. 3Power is currently finalising negotiations on the Power Purchase Agreements and debt financing provisions for the Projects. The Company expects to provide the equity financing via the $50M credit facility provided by CR&P Holdings S.p.A. previously announced on March 11, 2011. 3Power expects to close the final Project Agreements very shortly and, upon closing, the Company intends to transfer the Projects to a recently formed wholly-owned Chilean subsidiary, 3Power Energia S.A.
The Company has also recently signed a letter of intent for the acquisition of a 47MW wind energy project in Ecuador to be developed and has made significant progress on the license acquisitions in Albania.
The Company intends to develop up to 3 GW of renewable energy projects over the next 3 years. The Company's combined project pipeline covers wind, solar, hydro and biomass development opportunities in Chile, Ecuador, Peru, France, Italy, Greece and Albania. The Company is currently in the process of securing rights for the development of an aggregate of 300 MW of renewable energy generation during the course of 2011.
About 3Power Energy Group 3POWER is emerging as a world-wide independent major player in producing electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based upon these technologies. The Company plans to develop clean, sustainable power generation and become a trusted energy provider to utility companies and corporate entities around the world. The Company expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia. For further information: www.3powerenergy.com.
Forward Looking Statements This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to 3Power, its business and prospective development plans. These forward-looking statements can be identified by the use of terminology such as "subject to," "believe," "expects," "plan," "project," "estimate," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. Although all of the forward-looking statements set forth in this press release are believed to be reasonable, actual results may differ materially from those expressed in forward-looking statements as a result of factors outside of the control of 3Power. 3Power cannot provide assurances that any prospective matters described in the press release will successfully occur, close or otherwise be completed or that 3Power will realize the anticipated benefits of any such transactions. Important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in 3Power's Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on forward-looking statements. 3Power does not undertake and specifically disclaims any obligation to update, republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. All forward-looking statements should be regarded solely as 3Power's current plans, estimates and beliefs.
SOURCE: 3Power Energy Group
CONTACT:
3Power Energy Group Inc. Toby Durrant, Chief Investment Officer Tel: +44-(0)-203-318-1995 Email: t.durrant@3powerenergy.com
Copyright Business Wire 2011
-0-
KEYWORD: United States
Chile
North America
South America
New York
INDUSTRY KEYWORD: Energy
Alternative Energy
Utilities
Professional Services
Finance
SUBJECT CODE: Contract/Agreement
Merger/Acquisition
3Power Energy Group Enters into 58MW Chile Project Acquisition Agreement
NEW YORK, May 19, 2011 (BUSINESS WIRE) -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the Company has entered into agreement to acquire two wind energy projects in Chile totalling 58MW (the "Projects").
The vendor has already obtained and/or is in the process of finalizing all the necessary regulatory and statutory agreements together with all permissions required for development of the Projects. 3Power is currently finalising negotiations on the Power Purchase Agreements and debt financing provisions for the Projects. The Company expects to provide the equity financing via the $50M credit facility provided by CR&P Holdings S.p.A. previously announced on March 11, 2011. 3Power expects to close the final Project Agreements very shortly and, upon closing, the Company intends to transfer the Projects to a recently formed wholly-owned Chilean subsidiary, 3Power Energia S.A.
The Company has also recently signed a letter of intent for the acquisition of a 47MW wind energy project in Ecuador to be developed and has made significant progress on the license acquisitions in Albania.
The Company intends to develop up to 3 GW of renewable energy projects over the next 3 years. The Company's combined project pipeline covers wind, solar, hydro and biomass development opportunities in Chile, Ecuador, Peru, France, Italy, Greece and Albania. The Company is currently in the process of securing rights for the development of an aggregate of 300 MW of renewable energy generation during the course of 2011.
About 3Power Energy Group 3POWER is emerging as a world-wide independent major player in producing electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based upon these technologies. The Company plans to develop clean, sustainable power generation and become a trusted energy provider to utility companies and corporate entities around the world. The Company expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia. For further information: www.3powerenergy.com.
Forward Looking Statements This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to 3Power, its business and prospective development plans. These forward-looking statements can be identified by the use of terminology such as "subject to," "believe," "expects," "plan," "project," "estimate," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. Although all of the forward-looking statements set forth in this press release are believed to be reasonable, actual results may differ materially from those expressed in forward-looking statements as a result of factors outside of the control of 3Power. 3Power cannot provide assurances that any prospective matters described in the press release will successfully occur, close or otherwise be completed or that 3Power will realize the anticipated benefits of any such transactions. Important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in 3Power's Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on forward-looking statements. 3Power does not undertake and specifically disclaims any obligation to update, republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. All forward-looking statements should be regarded solely as 3Power's current plans, estimates and beliefs.
SOURCE: 3Power Energy Group
CONTACT:
3Power Energy Group Inc. Toby Durrant, Chief Investment Officer Tel: +44-(0)-203-318-1995 Email: t.durrant@3powerenergy.com
Copyright Business Wire 2011
-0-
KEYWORD: United States
Chile
North America
South America
New York
INDUSTRY KEYWORD: Energy
Alternative Energy
Utilities
Professional Services
Finance
SUBJECT CODE: Contract/Agreement
Merger/Acquisition
Looking forward to it.
PSPW forming good support, ready to head higher, any opinions?
!! Upcoming Projects >>
"..3Power is the final stages of negotiation to acquire the majority stake of 200 MW of hydro power plant projects in Turkey."
"..3Power are investigating hydropower opportunities within Honduras and the potential participation in the development of a 14 MW hydroelectric plant. It is indicated that the technical and permitting studies for this project have been completed, with a firm power purchase agreement in place, and with an optional 40 MW second phase development."
--> http://www.3powerenergy.com/generation-hydro.html
"..3Power's potential project pipeline is located mainly in the region of Puglia and Sardinia. The projects are mainly ground mounted but include green house mounted sites. All the projects are fully licensed and ready to start construction. Some are grid connected. 3Power plan closing of project pipeline acquisitions upon finalisation of the fund raising activity following the merger completion."
"..3Power intends to establish its presence in the French renewable energy market and is investigating projects in several locations, including Corsica."
"..3Power's planned strategy in Greece is to focus on the fast track licensing process for large scale PV energy projects. The company is currently in the process of applying for a 100 MWp license in association with strong strategic partners."
--> http://www.3powerenergy.com/generation-sun.html
Fast track licensing in Greece >> The criteria for fast track licensing refer to investments of more than €200,000,000 or more than €75,000,000 with the creation of at least 200 new jobs.
"..3Power's merger with Seawind (which has been present in Chile since 2004) provides access to a wind power portfolio in excess of 1 GW, of projects at different stages of development."
"..The achievements embodied in the Seawind team include delivery of a number of extraordinary projects such as the installation of the highest altitude MW sized wind turbine in the world.
In 2011, 3Power intends to build two projects of 9 MW and 4.5 MW nominal power which are both permitted and ready to construct. The energy will be sold either under a power purchase agreement to private companies or 3Power will take advantage of the legal framework in Chile which provides preferential and guaranteed power dispatch of wind power projects."
"..3Power's team is negotiating to participate in a 39.6 MW wind power project in the south west of Nicaragua. Twenty two of Vestas 1.8 MW wind turbine units are scheduled to be installed by the end of 2011.
A power purchase agreement with fixed prices has been signed with Dissur-Disnorte and the transmission connection agreement has been agreed with Enatrel."
--> http://www.3powerenergy.com/generation-wind.html
I like the fact that no one is giving their shares away at the bid. All we need is a little buying pressure and up we go.
It's only been 21/2 weeks since the merger and we already have two projects over 100 MW announced. I agree rook, news will soon be fast and furious and there will be alot of people chasing after shares soon.
The company said they are going to have 300 MW in 2011. They have done everything they said to this point. I expect news about other projects in the very near future and am loaded up in anticipation. I will keep buying these give away prices in the meantime if people are going to be willing to give away their shares at a discount.
I do too, start hitting the ask on this thing and we would be at a dollar in no time.
That wasn't directed at you tiso, just a general statement.
Need to buy at the ask, we are our own worst enemy bid sitting.
I believe that the gap between 1.46 and 1.53 needs filling too. With the projects in the pipe that PSPW has, that should be the next gap filled. Goodbye to the other.