Billionaire Boys Club Member Forum (BBCMF)

[flemsnopes]

I've been watching WWAT with interest for some time and they seem to be gaining some momentum in the last few months. They are in the alternative energy area and seem to have a very solid product and business model. Here is a press release today with more encouraging news:

WorldWater & Power Corp. Awarded Contract for the First Solar Project for DuPont
Friday November 4, 7:30 am ET
Company Wins Bid to Provide PV Power for Laboratory Headquarters Facility in Wilmington, Delaware


PENNINGTON, N.J., Nov. 4 /PRNewswire-FirstCall/ -- WorldWater & Power Corp. (OTC Bulletin Board: WWAT - News), developer of proprietary high-powered solar energy systems, today announced that it has been awarded a bid contract to build and install the first solar electric power generation system for DuPont (DD). The photovoltaic (PV) system will provide solar energy for the Photovoltaic Solutions technical laboratory in Wilmington, Delaware. The system will serve as a Photovoltaic Demonstration Unit for DuPont.
The ground-mounted system will produce 40 kilowatts of AC power using four arrays of PV panels. The system will have a touch screen display in the foyer of the main building so that visitors can observe the function and energy output of the system at any time. The contract calls for the installation to be completed before mid January 2006 and to be operational shortly thereafter.

"Photovoltaic power is an excellent option to provide a significant portion of our renewable energy goals," said Tom Earnest, global venture manager, DuPont Photovoltaic Solutions. "DuPont materials and technologies have had a leading role in the growth of the PV industry over the past 25 years. We will continue to apply scientific and technological expertise to deliver an expanding portfolio of films, resins, encapsulants and conductive inks that are at the essence of increasingly longer lasting, and more cost effective PV modules. We are very pleased to see the promise of PV power delivered to our own facilities through our relationship with WorldWater & Power."

Quentin T. Kelly, Chairman and CEO of WorldWater & Power, said, "We applaud DuPont's commitment to sustainable growth, and we are proud to be part of their crucial first step in using solar energy to meet their goals."

DuPont is a leading global supplier of films, resins for encapsulants, encapsulant films and conductive inks for photovoltaic modules, and this system is the first project to use PV power for the company's own facilities. Further information on DuPont Photovoltaic Solutions can be found at http://www.dupont.com/photovoltaics.

About WorldWater & Power Corporation

WorldWater & Power Corporation is a full-service, international solar engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's water supply and energy problems. For more information about WorldWater & Power Corp., visit their website at http://www.worldwater.com.


Contact: Investors/Media Contacts:
Rose Mary Schwarz Denise Roche / Jason Rando
WorldWater & Power Corp. The Ruth Group
Phone: [phone], ext. 33 Phone: [phone] / 7025
[e-mail] [e-mail]
[e-mail]




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Source: WorldWater & Power Corp.