Green World Development Inc. (fka GREW)

[enthalpy]

PSP$ had some updates in their 10k filed after hours! We may be getting that update we have been waiting for!!!! GREW may be involved since its Wolfgang Heinl but finally some projects revealed. They also mention waste to energy projects are one of the areas of interest but did not disclose anything specifically in the PSP$ 10K.



Expecting that PSPW may move up this year. 350 MWs goes hand in hand with that $1.4 billion in financing from the Chinese found in March 2017, but this number only accounts for half of the projects. If they commence that 100 MW project this will be a $2-4 stock overnight! Market Makers knew this was coming out and shook it ahead of time on Thursday Friday. Expecting a good next week and maybe a Press Release!!!!!!!!!










NEW MATERIAL
During the current fiscal year, Shala has continued to develop hydro power and solar plant concessions in the Republic of Albania.

In February 2017 the Albanian Government passed a further law enhancing the national consumption of renewable energy by 8% to 38% of nationally consumed electricity. Albania’s rivers are a national natural resource which potentially can provide a capacity of 4,000 MW of which currently only approximately 600 MW are being utilised.

Albania’s Mediterranean climate also provides the perfect environment for Solar PV produced energy.

Shala, through its operating office in Tirana, Albania, has developed concession opportunities of approximately 300 MW hydroelectric and 50 MW of Solar PV plants,. Of these concessions approximately 100 MW are construction (shovel) ready but no construction has yet commenced. We estimate but cannot guarantee that construction will commence by late 2017. A further 100 MW are awaiting final construction permits and the remaining capacity is currently in the planning and permission application phase.

All concessions have been or are being environmentally assessed by the relevant Albanian Authorities and financial modelling indicates average IRR’s of approximately 15%.

Shala is in on-going negotiations with international EPC and O&M providers on the basis of a “design, finance, build and operate” model.

Shala continues to be financially supported by its shareholders, but infrastructure and construction development phase will require substantial additional equity and senior debt. There is no assurance that such financing will be available and if it is not, that would have an adverse effect on the Company’s ability to move into the construction phase.

https://www.sec.gov/Archives/edgar/data/1221554/000114420417036876/v470784_10k.htm