Sunbelt International (PINKSHEETS: SUNB) Sees Potential in Developing Nations
December 13 2011 - 7:30AM
Marketwired
Sunbelt International (PINKSHEETS: SUNB) announced yesterday that
they will begin development and deployment of their energy
technologies and systems in third world countries. The Company has
highlighted Africa as a potential target due to the great demand
for renewable energy.
Currently, many African nations already have small-scale solar,
wind, and geothermal devices in operation providing energy to urban
and rural populations. These types of energy production are
especially useful in remote locations because of the excessive cost
of transporting electricity from large-scale power plants.
Currently, the majority of African countries are only able to
provide direct access to electricity to 20% of their peoples with
the percentage as low as 5% in some countries.
Solar resources alone in Africa are fairly uniform, 80% of the
landscape receives nearly 2000 kWh per square meter annually.
Other active stocks are JA Solar (NASDAQ: JASO), Trina Solar
(NYSE: TSL) and Canadian Solar (NASDAQ: CSIQ)
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