DGAP-News: GEECF Biosphere: Thailand's Green Energy.
ID: 352790
Sonstiges
GEECF Biosphere: Thailand's Green Energy.
21.02.2011 / 20:58
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GEECF Biosphere: Thailand's Green Energy.
February 21st 2011
NASSAU, Bahamas--(Bizwire)- Biosphere Development Corp (ISIN CA09072D1050,
CUSIP 09072D105, WKN A1CWP7, DE:2BD, Frankfurt Stock Exchange FSE 2BD.F)
today confirmed that they are installing a Biosphere Process System at Tha
Sai, Muang Samut Sakhon, Thailand where it will be operated by local
partner, Bangkok World Green Energy. Biosphere markets Biosphere Systems on
license from Global Environmental Energy Corp., (DE:GLI.F; OTC:GEECF.PK
www.geecf.ru ).
Bangkok World Green Energy is in advanced negotiations with Biosphere to be
the exclusive marketer and operator of Biosphere Systems in Thailand for a
25 year period. Mr Lek Kitiparaporn Chairman of Bangkok World Green Energy
has confirmed that they expect to fund and operate 50 Biosphere Systems in
Thailand within the next 24 months. Biosphere systems make money from
tipping fees and from the sale of electricity, potable water and
construction materials.
With a population of over 67 million people, an estimated annual
electricity consumption of 134.4 billion KWh which is increasing 8.1% per
year , GDP growth of 8.0% in 2010 expanding private investment and
increasing exports, Thailand as a newly industrialized economy, the 2nd
largest economy in Southeast Asia after only Indonesia, represents an
exceptional growth opportunity for Biosphere. In Thailand, Alternative
Energy Programs are fully supported by The Royal Thai Government. In
addition, Tax incentives and other privileges are provided.
GEECF began manufacturing Biosphere Systems in Thailand in 2010. GEECF is
currently manufacturing multiple systems for delivery to True Green
Energy's facility at The City of San Fernando, Pampanga, The Philippines
(TGEG Canada, Deutsche Borse AG; DE:TGG) and to Bangkok World Green
Energy's second facility at Sinsakhon Industrial Park, Bangkok, Thailand.
Sahara Petroleum Exploration Corp (ISIN CA78710G1019, CUSIP 78710G101, WKN
A1CWP6, DE:2S6, Frankfurt Stock Exchange FSE 2S6.F) markets Biosphere
Systems on license from GEECF in Europe, Russia, the former CIS, Africa and
Australia.
GEECF receives revenues from operational Biospheres through Sales, Royalty
and Fee agreements with its licensees and their sublicenses which provide
for 25 year revenue streams payable to GEECF.
This press release contains forward-looking information within the meaning
of Section 27A of the Securities Act of the 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the safe harbor created
by those sections.
Contact: Mr S Ghafari at Biosphere +852 8125 4866 Biosphere Cable Beach
Nassau AP-59223-0452 Commonwealth of the Bahamas.
biospheredevelopmentcorp@gmail.com
Ende der Corporate News
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21.02.2011 Veröffentlichung einer Corporate News/Finanznachricht,übermittelt durch die DGAP - ein Unternehmen der EquityStory AG.
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112973 21.02.2011Unternehmensinformation / Kurzprofil:
Datum: 21.02.2011 - 20:58 Uhr
Sprache: Deutsch
News-ID 352790
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