Green Hygienics Holdings Inc. Contracts to Purchase 12 - 2 Megawatt Large Wind Turbines
18 Febbraio 2014 - 2:00PM
Marketwired
Green Hygienics Holdings Inc. Contracts to Purchase 12 - 2 Megawatt
Large Wind Turbines
VANCOUVER, BC--(Marketwired - Feb 18, 2014) - Green Hygienics
Holdings Inc. (OTCQB: GRYN) is pleased to announce that with the
support of one of its principal shareholders the company has
purchased 12 New 2 Megawatt Wind Turbines.
"We've capitalized on an incredible opportunity. The price was
at a considerable discount to the market value and there is the
potential to create substantial shareholder equity through their
resale or ideally for use in a wind farm creating significant cash
flow for the company. Over the past year we have developed
relationships with some of the top in people their fields and
appointed positions within Brazil that will fully support and
facilitate our initiatives there. The team will assess which path
will bring the greatest value to all our stakeholders and deliver
the desired results," said Dave Ashby, CEO.
About the Brazilian Power Market One of the most underserved
power markets on the planet exists in Brazil right now for several
reasons:
- There is a serious shortage of rainfall drying up Brazil's
hydropower dams, leading to fears of electricity shortages and the
possibility of energy rationing. It is very costly for ports,
petrochemical plants, factories etc. to be shut down for days.
There is great concern for this with regard to the World Cup Soccer
(2014) and Olympics (2016) upcoming.
- 50% of 204 million are now emerging middle class. Per capita
electricity demand is estimated to double within 20 years.
- The business model for generating revenue from a wind farm
located in Brazil is vastly different from other regions in that
the average wind speed and duration as well as the price or cost
for power is significantly higher than in other countries.
- Wind is the fastest growing source of power generation in
Brazil. Since 2009 the Brazilian government has introduced
incentive measures to introduce wind power into the Brazilian
energy matrix.
- Wind power is the most competitive among all sources of
electricity, second only to large hydroelectric plants. New
Hydroelectric is becoming increasingly difficult to install due to
environmental issues. There are increasing blackouts/shortages as
the old electrical grid system is strained and grid expansion is
not keeping up with economic demand or growth.
About Green Hygienics Holdings Inc. - Focused on the
commercialization of cleantech intellectual property assets and
investing in or acquiring companies that supply alternate clean
energy sources. The alternatives to sectors that currently use
power supplied by hydrocarbons (diesel gensets for example), are
clean energy sources that include wind, solar and biomass. Green
Hygienics Holdings Inc. is registered in the state of Nevada, USA
and is an audited, fully reporting company in both Canada and the
USA.
Contact: Green Hygienics Holdings Inc.
info@greenhygienicsholdings.com www.greenhygienicsholdings.com Toll
Free 1 855 922 2368
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