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Saturday, 09/13/2008 2:46:28 AM

Saturday, September 13, 2008 2:46:28 AM

Post# of 778
Green Star Alternative Energy, Inc. is engaged in developing clean energy from the power of wind. The company is targeting a significant opportunity to supply growing energy markets in the Republic of Serbia and surrounding European nations. To drive growth and revenue Green Star is focused on the development of wind energy, the import and export of electricity, the cultivation of agriculture on its wind farms, and the supply of greenhouse gas emission credits. The company recently announced the execution of a letter of intent to acquire Notos d.o.o. and Sirius Regulus d.o.o., privately owned wind energy development, power trading and land ownership companies. With the acquisition Green Star will effectively become the first organization to develop wind energy in Serbia, beginning with the 20 MW Belo Blato wind farm. Upon completion of the acquisition Green Star will also become one of only a few companies licensed to trade electrical power into and out of Serbia, and the only company in Serbia able to generate and export its own wind energy.

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