AWSL news AH:
Atlantic Wind & Solar Seeking to Convert North American Automotive Stakeholders Over to the Manufacture of Renewable-Energy Wind Turbines to Address Global Shortages
* Source: Atlantic Wind & Solar Inc.
* On Monday July 20, 2009, 5:04 pm EDT
Atlantic Wind & Solar Inc. (Pinksheets:AWSL - News) is pleased to announce it is continuing to make progress through formal discussions with Provincial Canadian Government Officials and former executives of the North American Automotive supply industry, in a concerted effort to utilize transferable skill-set labor, specialized industrial machinery and equipment, and existing manufacturing facilities formerly utilized by the automotive sector.
Mr. Brent O'Connor, AWSL's Investor Relations Director, states, "In light of the recent slump in the North American Automotive sector, and against a background of soaring demand for key Renewable Energy components, AWSL has identified an extraordinary opportunity to utilize existing, underused, transferable resources from one sector, the Automotive Industry, to another, i.e. the manufacture of Wind Power turbines and other Renewable Energy components."
Creating what could be known as the world's first automated fabrication process for the manufacturing of wind turbines, it is AWSL's intention to replicate an automotive assembly line type of system, which theoretically will be capable of manufacturing up to 1 complete (1.5 Mw) wind turbine per hour, based upon an 8 hour, daily work shift. (An estimated 2,080 windmills per year)
A production rate of this magnitude would greatly enhance AWSL's potential to become a major supplier of wind turbines to meet the rapidly growing global demand. The highly efficient assembly line manufacture of technologically advanced wind turbines could vault AWSL into the position of "manufacturer of choice" for both governments and electrical utilities companies globally.
Mr. Thomas Cleland, Atlantic's Chief Technology Officer, also commented, "Implementing clean energy alternatives isn't as affordable as building new coal power plants, at least not yet... Our products have been designed to decrease the initial capital investment costs associated with building new renewable energy parks, while simultaneously reducing the overall future cost of electricity (COE)."
The project envisions a major contribution to Ontario manufacturing, employment and exports.
About Atlantic Wind & Solar Inc. (AWSL)
Through focused management, strong R&D, state-of-the-art proprietary technology and exclusive licenses, Atlantic Wind & Solar Inc. is poised for rapid growth at the forefront of the massive global shift towards environmentally friendly, economical renewable energy. The Company is positioned to achieve significant inroads into several key sectors of the annual $200 billion renewable energy boom that is accelerating across North America and around the world.
ANTICIPATED AVENUES FOR AWSL's EXTRAORDINARY GROWTH POTENTIAL
�
-- Global marketing of patent pending and/or proprietary
Conversion/Inversion electrical power technology and other technologies
that promise to greatly increase energy from existing and future Wind
turbines and Solar panels, potentially heralding a quantum leap forward for
the practicality of harnessing clean renewable energy.
-- A Joint Venture with a company that has designed the next generation
of high-efficiency commercial wind turbines whereby AWSL will be
manufacturing these revolutionary "Intelligent Turbines" in Canada for
domestic and export markets.
-- Direct ownership in Wind & Solar "Energy Parks" that will showcase the
Company's exciting technologies.
For more information and/or to subscribe for regular news updates from Atlantic Wind & Solar, visit: www.atlanticwindandsolar.com
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