Global Warming Solutions Achieves Further Advances with LETG Solar Energy Technology
08 Enero 2008 - 2:30PM
Business Wire
Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of
technologies aimed at mitigating the effects of global warming �
today announced further advances in the development of its LETG
technology. The LETG (Light Electric Thermal Generator) is a hybrid
solar and thermal energy generation technology that works by
heating up liquids that circulate on the surface of its solar
panels to generate electricity 24 hours a day. More efficient
production Global Warming Solutions is working to bring its
improved solar energy solution to market. In its previous
announcements, the Company mentioned the development of a new
laminate coating for the solar panels in the LETG system, which
increased energy conversion efficiency by 11-15% on average. Now
the Company is pleased to announce that it has shifted to
dual-sided panels that are applied with the laminate and efficiency
has further increased by 38-56% on average. �We started out with an
efficient technology that produced photovoltaic electricity 2.5
times more effectively than conventional solar panels. Then we
increased our electric conversion efficiency by 11% as a result of
developing a unique coating for the solar panels in our system. Now
we have further increased conversion efficiency to 38% by shifting
to a dual panel system,� Said Dr. Alexander Kornaraki, Chief
Operating Officer of Global Warming Solutions. �We are extremely
happy with these results and believe the technology is very close
to being ready for implementation as the foundation for a new
generation of Solar Power Plants.� To learn more about the LETG
Solar Energy Technology visit:
http://www.globalwarmingsolutions.com/solutions/cleanenergy.php For
LETG licensing opportunities please contact the company. About
Global Warming Solutions, Inc. Global Warming Solutions develops
and commercializes technologies that help mitigate Global Warming
and its effect on our planet. The Company targets three areas that
help reduce the extent of Global Warming and fight issues that have
risen in consequence: Clean Energy, Carbon Control, and Water
Purification. Current climate models predict that global
temperatures will rise sharply over the next century. The increase
in temperatures can be slowed or eliminated by decreasing the
amounts of greenhouse gases released into the Earth�s atmosphere.
Global Warming Solutions seeks to leverage its experience and
management to help make a difference in the fight for climate
control. For more information visit the company website:
http://www.globalwarmingsolutions.com The information contained in
this press release may include forward-looking statements.
Forward-looking statements usually contain the words "estimate,"
"anticipate," "believe," "expect," or similar expressions that
involve risks and uncertainties. These risks and uncertainties
include the company's uncertain profitability, need for significant
capital, uncertainty concerning market acceptance of its products,
competition, limited service and manufacturing facilities,
dependence on technological developments and protection of its
intellectual property. The company's actual results could differ
materially from those discussed herein.
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