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KGET NEWS - KleanGas Provides Update of Development Projects on Global Apollo KleanGas (GAK) Joint Venture

Date : 08/27/2013 @ 8:30AM
Source : Access Wire
Stock : Kleangas Energy Technologies, Inc. (QB) (KGET)
Quote : 0.0026 0.0004 (18.18%) @ 9:31AM

Largo, FL (August 27th, 2013) - KleanGas Energy Technologies, Inc. (OTCQB: KGET) announced an update on its joint venture project with Global Apollo KleanGas, Ltd. (GAK). KleanGas is a 30% owner of the GAK. GAK has submitted project proposals for its Global Apollo KleanGas Hydrogen Power Plants in Italy, Holland, and Egypt. GAK is awaiting awards regarding these projects with a target date of mid-September for the Italy and Holland projects.

The sales price of the GAK systems range from $129,012 for the 100KW system up to $128,960,000 for the 100 MW systems.

KleanGas President William Wylie stated, “We are very excited to have the opportunity to present our clean technology solutions for sustainable power to these key industries.” “The world runs on energy and it might as well be clean. ”

The Power Plants operate as a Parallel System in a house, farm or commercial establishment with the Lead Cobalt Battery supplying power directly to the DC to AC Inverter 24-hours a day and the Fuel Cell charging the battery. The battery can supply excess power to the grid during peak hours at the command of the electric utility company which controls this function.

A Photovoltaic Cell operates in daylight hours and supplies power to a Battery Conditioner or an Electrolysis Unit for generating hydrogen.

The Fuel Cell charges the battery at various rates of charge throughout the day and night, but may be shut down part of the day and all night, as controlled by the Microprocessor. It can also supply power to the grid during peak hours, by-passing the battery. It can supply heat for a continuous flow of hot water at 800C.



About Global Apollo KleanGas, Ltd (UK)



Global Apollo KleanGas, Ltd.
(UK) (www.gek-ltd.com) is a research and development group dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. Global Apollo KleanGas designs, develops and manufactures various technologies including Desalination Plants, Oxy-Hydrogen on-demand generators, Fuel Cells, Solar to Hydrogen, Welding, Cutting and other products to deliver a clean gas that provides energy savings, emissions reductions, on diesel, natural gas applications or fuel cells. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing your profitability.





About KleanGas

KleanGas Energy Technologies Inc. (www.kleangas.com) is a research and development company dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. KleanGas designs, develops and markets various technologies including Oxy-Hydrogen on-demand generators, Reverse Fuel Cells, solar to Hydrogen, Welding, Cutting and other products to deliver a clean gas that provides energy savings, emissions reductions, on diesel, natural gas applications or fuel cells. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing your profitability.

Safe Harbor Statement:

Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as KleanGas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts,” "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

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