GWS Technologies announces plan for solar projects in Mexico

GWS Technologies Inc., an alternative energy company developingrenewable energy solutions, announced that it is preparing plans forproposed solar farm sites ranging in size from 80 acres to 400 acrescontiguous to electric substations in Veracruz and Chiapas, Mexico.

GWS will provide engineering, project management, solar equipment andtechnology integration on the projects, with estimated costs rangingfrom $50M USD to $250M USD per project.

“There is a tremendousdemand for ‘green’ energy technologies, especially solar energy andLEED-certified energy efficient products, in Mexico right now,” saidDelgado & Associates’ managing partner Fernando Delgado, whorecently returned from meetings with government planning and energyofficials, as well as major private sector end-users on behalf of GWS.“The interest and support we have received over the last few weeks isextremely encouraging, and we are currently evaluating several proposedsites for GWS.”

In November 2008, the Mexican Congress passed the “Renewable Energy Usage and Energy Transition Financing Act” (Ley parael Aprovechamiento de Energías Renovables y el Financiamiento de laTransición Energética), a clear step towards implementing alternativeenergy policy at the federal level.

While the Constitution ofMexico establishes that only the Government can generate, transport,transform, distribute or supply electricity for public use, the new lawallows private companies to generate their own electricity by usingrenewables to supply their needs. When a generation surplus exists, theEnergy Regulatory Commission (Comisión Reguladora de Energía – CRE)determines the price of purchase of the electricity generated in excessof the electricity used by the private generator; the surplus is thenfed into the National Electric Grid.

“Delgado & Associates is uniquely qualified to act as our liaison with both Mexican governmental agencies and the private sector,” said GWS Technologies, Inc. President Richard Reincke. “Everyone in the solar industry agrees that Mexico has some of the best potential for solar power in the world, and we’reexcited about this opportunity to participate in the emergingalternative electric sector in Veracruz and Chiapas,” Reincke added.