ALYI Targets $100 Billion In Anticipated Investment Announcing New York Licensed Hemp Energy Storage Research Facility
March 08 2019 - 9:27AM
InvestorsHub NewsWire
ALYI Targets $100 Billion In
Anticipated Investment Announcing New York Licensed Hemp Energy
Storage Research Facility
Dallas, TX -- March 8, 2019 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) (“ALYI”) today announced a license in the State of New
York to grow hemp. The company has secured acreage in New York to
grow and house the facility where hemp bast will be harvested for
conducting further research within in the company’s hemp energy
storage imitative. ALYI launched its hemp energy storage
initiative late last year when the company brought Clarkson
University Professor David Mitlin on board to lead a hemp
energy storage initiative. Mitlin has successfully used hemp bast -
the fiber left over from processing hemp - to construct carbon
nanosheets that compete with, and in some respects, outperform the
supercapacitor performance derived from more typical graphene
nanosheets. Mitlin holds a US patent for his proprietary hemp
energy storage technology.
Bloomberg New Energy Finance forecasts that the global energy storage market
will “double six times” from 2017 levels to 2030, from than 5
gigawatt-hours last year, to more than 300 gigawatt-hours and 125
gigawatts of capacity by 2030. An estimated $103 billion will be
invested in energy storage over that time period. ALYI
management believes hemp energy storage is a strong candidate for
receiving a fair portion of the anticipated
investment.
ALYI has engaged the
services of Nouveau (USOTC:
NOUV) (“NOUV”) to manage the hemp farming operations.
Puration, Inc. (USOTC:
PURA) (“PURA”) recently spun-off its cannabis cultivation
operation to NOUV.
Research Report
Speculative Buy Rating And $0.09 Target
PPS
Goldman
Small Cap Research recently issued a research report update on the
Company. The report confirms a 'speculative-buy' rating with a
target price-per-share of $0.09. The report provides an
in-depth overview and analysis of Alternet's new strategy, new
orders, and upcoming milestones. To view the report, along with
disclosures and disclaimers, visit https://www.alternetsystemsinc.com/research-update
or http://www.GoldmanResearch.com.
ALYI is focused on
offering varied, environmentally sustainable, energy storage
solutions for targeted markets, including consumer electric
vehicles and military applications. The first product category is
lithium battery-powered motorcycles, to be followed by motorbikes.
ALYI has recently announced $2 million in orders of its Revolt
Electric Motorcycles. ALYI also recently brought Clarkson
University Professor David Mitlin on board to lead a hemp
energy storage initiative. Mitlin has successfully used hemp bast -
the fiber left over from processing hemp - to construct carbon
nanosheets that compete with, and in some respects, outperform the
supercapacitor performance derived from more typical graphene
nanosheets. Mitlin holds a US patent for his proprietary hemp
energy storage technology.
Disclaimer/Safe Harbor: This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
For more information, please visit: http://www.alternetsystemsinc.com
Alternet
Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
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