Flywheel Advanced Technology Inc (FWFW)

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PGLO Sees India as Ground Zero for Renewables Growth

A recent article in The Hindu Business Line (http://dtn.fm/V2WVd) gives an idea of the potential for renewable energy in India. The article states that President Obama’s upcoming visit to India is “expected to see some more financing deals being signed between the two countries for the renewable energy sector”, and goes on to say that the growing interest in India’s new and renewable energy sector could top $10 billion this year, a 25% jump from 2014. The article points out how interest in India by investors has grown in the past six months, and how the country offers one of the lowest costs for renewable energy generation in the world, primarily wind and solar.

Pan Global Corp., a U.S. based company already involved in renewable energy project work in India, is focused on environmentally sustainable energy, infrastructure, and technologies, with an aim of investing in green energy technology and infrastructure around the world. There interests include mini-hydro, such as their active work with Project Badyar, a small hydro plant in northern India, as well as solar, wind, and even geothermal. In addition, the company is planning non-energy infrastructure technology investments that emphasize environmentally sustainable solutions, in the areas of water distribution, agriculture, and building technology. Pan Global expects to also provide consulting services related to energy efficiency, and has an online system designed to match up buyers and sellers of solar equipment and services. They are also developing a hydroponic greenhouse project for the sustainable production of vegetable crops.

Although Pan Global is open to opportunities in other parts of the world, their focus has been on India because of the many opportunities available. Unlike many large nations, India is seen as being poised for high GDP growth that should be sustained for decades to come. Over the past decade, India’s growth has been in the neighborhood of nearly 8% per year. It has a young population, with a growing need for energy that is not currently being met. The Indian government has made it clear that a major part of this energy development will be in renewables.

For more information, visit www.PanGlobalCorp.com