Greenworld Wind Supreme Power Co. Ltd.
Greenworld Wind Power Co.Ltd. : Greenworld Wind Power Anticipates Significant Carbon Credit Revenue From Casiguran Bio-Mass Power Project
Greenworld Wind Power Co.Ltd. / Key word(s): Miscellaneous Greenworld Wind Power Anticipates Significant Carbon Credit Revenue From Casiguran Bio-Mass Power Project Toronto, Canada – February 10, 2012 – Greenworld Wind Power Co. Ltd. (Greenworld): Deutsche Börse symbol: GWDA (www.greenworldpower.ca), has developed initial revenue projections from the sale of Certified Emission Reduction (carbon credits or CERs) to be derived from the 2MW bio-mass power project it is developing in conjunction with Eco Market Solutions in Dinalungan, Aurora Province, the Philippines. Greenworld will finance the verification process to see the bio-mass project qualify for carbon credits and will in turn receive 45% of gross revenues generated from the sale of these credits for the first 21 years of operation. Carbonergy BCS, the consulting firm responsible for the Programme of Activities in which the project will be included, estimates that the project will generate a total of 8,968 CERs annually. Based on a projected value of EUR10 per CER, total revenue is estimated to be EUR847,476.00 over the 21 year period. Disclaimer & Safe Harbor Statement: Email: info@ greenworldpower.ca End of Corporate News 10.02.2012 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 |
156112 10.02.2012 |