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Re: EE post# 1486583

Tuesday, 05/19/2009 1:37:41 PM

Tuesday, May 19, 2009 1:37:41 PM

Post# of 4974291
Compensated Awareness Post View Disclaimer
Green Star Signs Agreement With Electrawinds
SAN DIEGO, CA--(Marketwire - April 23, 2009) - Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) (http://www.greenstarae.com/) is pleased to announce a collaboration agreement between the Green Star/Notos JV and Electrawinds. The companies share common goals and values -- to bring about change to the energy market through the development of renewable electricity. This association will work towards partnerships on various developments not only in the Republic of Serbia, but Europe as well. Electrawinds recognizes the significant opportunity in Serbia and wishes to participate in providing the nation with clean energy.

Electrawinds, currently the largest private player on the Belgian renewable energy market, was established in 1998. Electrawinds produces, sells and distributes green power generated from inexhaustible clean energy resources such as wind, sun and organic matter. Apart from constructing and operating windmill farms, solar farms and biomass plants, Electrawinds also investigates and develops new renewable energy possibilities and applications. Their numerous renewable energy projects are implemented independently or in cooperation with partners. Thanks to its flat organisational structure Electrawinds is a flexible company that can make decisions quickly.

Luc Desender, CEO of Electrawinds, stated: "The Serbian energy market will be a welcome addition to our portfolio and will become a significant part of our future developments."

http://www.marketwire.com/press-release/Green-Star-Alternative-Energy-Inc-978779.html


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