Silicon Valley Solar Pioneer and Wild Brush Energy Announce the Signing of a LOI
March 29 2010 - 6:00AM
Marketwired
Wild Brush Energy (PINKSHEETS: WBRE) has signed a Letter of Intent
with Californian solar panel manufacturer Auxin Solar. The letter
outlines an agreement between Auxin Solar and Wild Brush Energy to
supply solar paneling for the Company's U.S. Solar Park
Developments.
Auxin Solar is located in the heart of Silicon Valley in
Northern California. The Company Founders have over 30 years of
silicon design experience. They bring a wealth of experience to
photovoltaic module design, manufacturing, and production
quality.
The project target size is approximately 4MW. This would provide
an annual power output upwards of 5.5 GWh. A solar park of this
scale will supply approximately 1200 households with renewable
energy, and reduce carbon emissions by about 3100 tons
annually.
Part of Wild Brush Energy's diversified renewable energy
strategy includes the construction of mid- to large-scale solar
parks. These parks will range in size from 2-5 Mw in scale. The
location of these parks will be in southern and southwest regions
of the U.S. and southern European countries with favorable
renewable energy policies and economic returns.
About Wild Brush Energy Inc. Wild Brush
Energy Inc. is a diversified energy company whose goal is to
identify and develop clean air energy producing alternatives. Wild
Brush is presently exploring green energy producing opportunities
such as large scale Commercial Wind Farms, Solar Energy Parks, and
Small Scale Hydro Electric projects; both within North America and
abroad.
Safe Harbor for forward-looking statements
This release contains certain statements that are "forward-looking"
statements (as the term is defined in the Private Securities
Litigation Reform Act of 1995). Any such forward-looking statements
are inherently speculative and are based on currently available
information, operating plans and projections about future
expectations and trends. As such, they are subject to numerous
risks and uncertainties, such as general economic and business
conditions, the ability to acquire and develop specific projects,
the ability to fund operations, and other factors over which Wild
Brush Energy Inc. has little or no control. Actual results and
performance may be significantly different from expectations or
trends expressed or implied by such forward-looking statements.
Wild Brush Energy Inc. expressly disclaims any obligation to update
the statements contained in this release.
Contact: Wild Brush Energy Inc. 1-206-652-3310 Email Contact
www.wildbrushinc.com
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