vielversprechender Artikel über worldwater:
WorldWater Corp. Executes $2 Million Contract for World's Largest Solar-Powered Irrigation System Friday September 3, 4:11 pm ET Contract Further Validates Company's Proprietary Solar Technology and Strategic Vision with Its Cutting-Edge AquaMax(TM) System
PENNINGTON, N.J.--(BUSINESS WIRE)--Sept. 3, 2004-- WorldWater Corporation (OTCBB: WWAT - News), the world's sole provider of cutting edge patented high-volume solar powered technology with diverse commercial applications in a broad range of industries, announced today that it has executed a $2 million contract for its proprietary AquaMax(TM) pumping system at a California citrus ranch. The announcement was made by Quentin T. Kelly, WorldWater chairman and CEO. ADVERTISEMENT
WorldWater's proprietary and patented AquaMax(TM) system will drive a high powered 200 horsepower pumping system at the facility, establishing the most powerful solar powered irrigation system in the world. The project represents a quantum leap forward in the deployment of large-scale solar power pumping technology and demonstrates the viability of solar power for broad applications in virtually all industries anywhere in the world.
" While many of the world's finite energy sources are being depleted at a disquieting rate, as evidenced by the current global oil crisis. WorldWater's ability to harness the unlimited power of the sun with our proprietary AquaMax systems represents breakthrough technology," said Mr. Kelly. " Our patented technology can deliver up to 600 horsepower - more than 100 times as powerful as the nearest competitors - making ours the only products available anywhere in the world that can deliver the water-pumping horsepower required for large scale commercial applications. Installations such as the one at this California agricultural facility clearly demonstrate how WorldWater has enabled solar power to achieve an unparalleled level of practicality and cost-effectiveness for a broad spectrum of commercial mainstream uses."
" California is one of the leading states in the development of solar and renewable energy, and is the proving ground of many of the world's most advanced solar power systems," continued Mr. Kelly. " This new ranch irrigation system is just the latest in a series of major projects in development for WorldWater in California."
Among WorldWater's recent milestones powered by its AquaMax(TM) solar power technology in California are:
Supply of a powerful one megawatt solar system for Cerro Coso Community College in Ridgecrest, projected to furnish an unprecedented 60% of the institution's electricity requirements; Design and installation of the world's largest solar-powered commercial refrigeration system, for a 350 horsepower hydracooler for a food processing facility in Edison; Development of a 50 horsepower solar pumping system for an agricultural facility in Firebaugh.
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Axcess News: Financial Incentives Boost Solar Applications 9/7/04
Pennington NJ, Sep 07, 2004 (M2 PRESSWIRE via COMTEX) -- AXcess News (www.axcessnews.com) released a story covering alternative energy stocks that focused on WorldWater Corporation (OTCBB: WWAT) following new sales figures released Friday.
In a story released in August, Source Press covered the alternative energy markets, citing a rising demand for products like WorldWater's AquaMax solar-pumping system, capable of driving pumps as large as 600 horsepower.
According to the company, the nearest competitor can only drive a 50 horsepower pump. The dramatic increase in capability is what appears to be the cornerstone of WorldWater's success.
WorldWater's shares closed up Friday almost 8 percent, finishing the week up 2.5 cents to close at $.34 per share. In August's story on Alternative Energy Markets, companies mentioned were Ultralife (NASDAQ: ULBI). ULBI closed Friday at $14.51, off 3 cents, though down 58 cents from Aug 20th when that story was published. Plug Power Inc. (NASDAQ: PLUG) closed Friday at $6.57, down 14 cents, though up 86 cents over Aug 20 closing price. Fuelcell Energy, Inc. (NASDAQ: FCEL) closed at $10.05, off 6 cents Friday, though down $1.10 from Aug 20. Quantum Fuel Systems Technologies, Inc. (NASDAQ: QTWW) closed Friday at $5.21, up 2 cents for the session though it climbed 21 cents since covered Aug 20. Vestas Wind Systems (OTC: VWSYF) closed at $12.95, unchanged, though up 15 cents since Aug 20. Fuel-Tech NV (NASDAQ: FTEK) ended the session Friday at $4.55, up 2.9 cents, though it had closed up 12 cents since August's story was released.
With oil above $40 a barrel and utilities straining to meet demands, some state and local governments are offering financial incentives for alternative energy applications that can lower power usage.
One company taking advantage of those programs is WorldWater Corp., a manufacturer and marketer of solar-pumping systems, that announced a $2 million contract Friday to install its solar-pumping system at a California citrus ranch.
Quentin T. Kelly, WorldWater chairman and CEO stated that the solar-pumping system being installed was the largest irrigation system of its type ever installed. The AquaMax will drive a 200 horsepower pumping system at the facility.
According to WorldWater, state financial incentives coupled with the high cost of energy made the deal work for the citrus rancher. But California is not the only state offering incentives and WorldWater let investors know it after announcing their strategic initiatives Aug 30.
According to its plans, WorldWater is focusing in markets where it can take advantage of both state and local municipalities financial incentives and in some cases that makes government itself a candidate.
After pulling off some substantial projects like California's Cerro Coso College, where its solar-powered pumping system generates 60 percent of the school's electricity requirements. Or the world's largest solar-powered refrigeration compressor system - a 350-horsepower hydracooler at a potato processing facility.
The citrus ranch project caps off a great start for the period, racking up sales of $2 million from that project verses $3.3 million for the 2nd quarter, which was announced Aug 20. At the time of that announcement WorldWater reported sales of $4.1 million for the first half, up an incredible 262% over the same period last year.
Kelly's company emphasized that it was pursuing customers in New York through a collaborative agreement with 1st Rochdale Cooperative, one of the oldest and largest electricity cooperatives in the United States. The company hoped to pursue international projects through an agreement with Kirloskar Brothers Ltd., of Pune, India, the largest pump and motor manufacturer in India, though foreign sales may be long in coming due to WorldWater's own limitations as a small, developing enterprise.
Further agricultural applications are expected to develop, especially on the West Coast, which has been facing fluctuating energy rates and drought conditions that when coupled with the high cost of fuel makes alternative fuel sources, like WorldWater, all the more appealing.
In a story released in August, Source Press covered the alternative energy markets, citing a rising demand for products like WorldWater's AquaMax solar-pumping system, capable of driving pumps as large as 600 horsepower.
According to the company, the nearest competitor can only drive a 50 horsepower pump. The dramatic increase in capability is what appears to be the cornerstone of WorldWater's success.
More news on the investment horizon for the alternative energy sector can be found at AXcess News: http://www.axcessnews.com. This is an excerpt from the complete story.
About AXcess News:
Dubbed the " Yahoo! of small cap business news" by Gordon Borrell, one of America's leading media and research gurus, AXcess News is fast becoming a known commodity for both the serious investor and people in general looking for informed articles and insightful columns. http://www.axcessnews.com
CONTACT: Eric Stevenson, Editor, AXcess News e-mail: eric@axcessnews.com WWW: http://www.axcessnews.com
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