Petro USA Inc (PBAJ)

[NASCOW]

EnergyOne Technologies Signs Letter of Intent to Build Two - .5 Megawatt Solar Stations
10 minutes ago - GlobeNewswire
EnergyOne Technologies, Inc., a renewable energy developer, signed a Letter of Intent with a private party to build two - .5 megawatt solar stations in Hemet, California. EnergyOne plans to use it's newly patented Photovoltaic-Capacitive Battery Storage(TM) (PCBS) solar panels on Phase 2. The PCBS panels integrate a thin film solar cell with a thin film ultra-capacitor and a thin film Nickel Zinc storage battery all in a single multi-layered unit. Each station will generate 3 MW of energy per day and have the capability to store the system's daily output inside the panels. This will allow access to solar energy for night time use or on cloudy days. The solar output, enough to power over 4,500, homes will be sold to various third parties under long term power contracts. EnergyOne plans to install up to 5MW of Nickel Zinc-battery energy storage systems that can be charged with power from the grid at night and sold back to the utility during peak demand hours. EnergyOne will own, build, and operate the solar stations. EnergyOne President, Michael Jones, said "This project will allow EnergyOne to demonstrate the ability of our new PCBS solar panels to store and firm up the solar output, and regulate voltage output across each panel".

As nice as it sounds, keeping in mind recent events over the last few days, it might mean more dump on the O/S today, but I'll participate in the celebration...gogoATPT