News Releases
Apr 03, 2008 San Diego, CA - April 3, 2008 - (GGRN:OTCBB Cusip 37947A105) Global Greensteam renewable energy systems will be producing steam from waste biomass in a California oilfield under a contract signed between Global Greensteam LLC, a subsidiary of Global Green Solutions Inc. (GGRN:OTCBB), and Aera Energy LLC, one of California's largest oil and gas producers. The steam will be purchased by Aera for enhanced oil recovery operations, replacing steam currently being generated by natural gas fired units. Recent California legislation banned the open burning of agricultural waste biomass with the intent of reducing air pollution. Global Greensteam's biomass combustion system is significantly more efficient than open burning and the project supports California's Global Warming Solutions Act of 2006, a greenhouse gas emissions reduction program. "This is an exciting opportunity for us to demonstrate the capability of our Greensteam systems, which are uniquely suited to utilize the significant amount of waste biomass in this area in an environmentally-sensitive manner while generating sustainable and cost-effective energy for Aera," said Doug Frater, president and CEO of GGRN. The initial system will be constructed at an Aera oilfield near Bakersfield, California. It is scheduled to begin operation in late 2008. An additional nine units are planned for installation over a three-year period. Global Green Solutions Inc., www.globalgreensolutionsinc.com develops and implements ecotechnology solutions for renewable energy and reduction of greenhouse gas emissions. Global Green Solutions Inc. is a U.S. public traded company (OTCBB:GGRN) with offices in Vancouver, San Diego, El Paso, New York, London, Brussels and Johannesburg Investor Relations North America Halsey Johnston 604-606-7967 or 800.877.1626 haljohnston@globalgreensolutionsinc.com Media Relations Nancy Tamosaitis Vorticom Public Relations 212.532.2208 Nancyt@vorticom.com Europe, Middle East and Africa Shaun Brown Innovator Capital Limited +44.207.297.6840 shaun.brown@innovator-capital.com Safe Harbor for Forward Looking Statements: Except for historical information contained herein, the contents of this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices as well as other factors addressed in the company's filings with the Securities and Exchange Commission. | |
