Greenworld Wind Supreme Power Co. Ltd.
Greenworld Wind Power Co.Ltd. : Greenworld Wind Power Advises PhilCarbon Inc. Projects Receive Initial Approval From Philippine DOE
Greenworld Wind Power Co.Ltd. / Key word(s): Miscellaneous/Weiteres Schlagwort Greenworld Wind Power Advises PhilCarbon Inc. Projects Receive Initial Approval From Philippine DOE Toronto, Canada – (For immediate release) – January 3, 2012 Greenworld Wind Power Co. Ltd. (Greenworld): Deutsche Börse symbol: GWDA (www.greenworldpower.ca), advised today the Philippine Department of Energy (DOE) has signed a service contract with PhilCarbon Inc., for the 30MW wind farm project proposed for Bulalcao in Oriental Mindoro. Greenworld owns a 40% interest in PhilCarbon. The contract is expected to be notarized and announced publicly by the DOE in the first quarter of 2012. In other Company news, Greenworld has appointed Ramon G. Santos as President of the Company. Most recently, he was the Undersecretary for Renewable Energy Development within the Department of Energy, after a previous stint at the Department of Environment and Natural Resources. Previously, Mr. Santos enjoyed a distinguished military career. He retired from military service in 2005 with the rank of Brigadier General, after 30 years of service. Mr. Santos is a member of the Philippine Career Executive Service. He earned his Masters of Strategic Management and Doctoral degree (Developmental Administration) at the Philippine Christian University. He is an International Fellow of the U.S. Army War College where he finished his Masters of Strategic Studies in 1998, and at the National Defense University, in China. Mr. Santos is also a visiting Professor at the Philippine National Defense College. Mr. Santos will bring his considerable expertise and experience to the fore in assisting Greenworld to develop ventures and working partnerships with both public and private sector parties in furthering the ‘green energy’ goals of the Company. Disclaimer & Safe Harbor Statement: This release may contain certain ‘forward-looking statements’ with respect to certain of Greenworld Wind Power Co. Ltd.’s plans, goals and expectations regarding its future financial condition, performance, results, strategy and objectives. Words such as ‘anticipates’, ‘expects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘may’, ‘could’, ‘would’, ‘might’, ‘will’ and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, beliefs, plans, projections, objections, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements in this press release are not promises or guarantees of future performance and are subject to risks and uncertainties that could cause Greenworld Wind Power Co. Ltd.’s actual results to differ materially from those anticipated. Greenworld Wind Power Co. Ltd. cautions the reader not to place undue reliance upon any such forward-looking statements. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i) domestic and global economic and business conditions; (ii) market related risks and the performance of financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax and other relevant legislation or regulations in the jurisdictions in which Greenworld Wind Power Co. Ltd. operates. The actual results that Greenworld Wind Power Co. Ltd. achieves may differ materially from any forward-looking statements which are based on management’s beliefs and opinions at the time the statements are made. Greenworld Wind Power Co. Ltd. does not undertake any obligation to update forward-looking statements should circumstances or management’s beliefs or opinions change.
Greenworld Wind Power Co. Ltd. Email: info@ greenworldpower.ca End of Corporate News 03.01.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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