ein ökologischer Pennywert mit rasantem Wachstum
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(siehe unten, fett)
PENNINGTON, NJ--(MARKET WIRE)--Sep 13, 2004 -- AXcess News (www.axcessnews.com) released a story covering alternative energy stocks that focused on the US Department of Energy's funding of an alternative energy resource program for the Quinault Indian Nation in which WorldWater Corporation (OTC BB: WWAT) was chosen to assess implementation of renewable energy systems for the tribe's Quinault Beach Resort and Casino.
Over the last ten years, the DOE's Tribal Energy Program, and its predecessor programs, has provided $17 million in funds for 90 renewable energy projects across Indian Country.
Over the last two years, the Program has entered into agreements with 38 tribes and provided $7.5 million to tribes to explore and pursue renewable energy options.
WorldWater announced the QIN agreement Friday. That news marked the first DOE program of this type for the developer of solar powered pumping technology.
Friday's news follows a string of recent projects, each a model for more sales within their respective market applications.
The company's annual shareholder meeting was also held Friday in Hopewell, New Jersey. CEO Quentin Kelly said, "I'm looking forward to telling the shareholders about the past year's many important milestones, especially the successful projects where we've been able to demonstrate the real-world viability of our products and technology in several of the world's largest solar power projects."
Kelly's company introduced new employees and updated shareholders on the move to its Fullerton California office as well showing a video that illustrated WorldWater's products.
Reactions by shareholders were mixed as 3,866,544 shares traded hands Friday, pushing WorldWater's shares down 7 cents or 24.17% in a frenzy of trading more than fifteen times the 90-day average daily trading volume of 246,954 shares.
Alternative energy stocks, known for their sensitivity to market conditions, had mixed results Friday as energy investors grew nervous over rising oil prices and hurricane Ivan's approach across the Gulf of Mexico. WorldWater's shares (OTC BB:WWAT.OB - News) closed at $.22, down 7 cents. Ultralife closed Friday at $15.16, off 3 cents. Plug Power Inc. closed at $6.39, down 19 cents. Fuelcell Energy, Inc. closed at $10.40, up 44 cents. Quantum Fuel Systems Technologies, Inc. closed Friday at $5.60, up 13 cents. Vestas Wind Systems closed at $13.10, unchanged. Fuel-Tech NV ended the session Friday at $4.65, up 1 cent.
Nussriegel
WorldWater & Power Announces Revenue Guidance for 2004 And 2005
Friday September 17, 4:01 pm ET
Forecast Calls for Minimum 2004 Revenues of $6 Million Representing 400%+ Increase Over 2003
PENNINGTON, N.J.--(BUSINESS WIRE)--Sept. 17, 2004--WorldWater & Power Corp. (OTC BB: WWAT - News), capitalizing on worldwide demand for next-generation solar power through the provision of cutting-edge patented high-power solar energy technology, today announced revenue guidance for the twelve-month periods ending 2004 and 2005. The announcement was made by Quentin T. Kelly, WorldWater Chairman and CEO.
The guidance calls for minimum revenues of $6 million for 2004, representing an increase of 400% over 2003 revenues, which totaled $1.2 million.
Forecasts for fiscal year 2005 show continued strong growth, according to the Company. The Company attributes this growing success to the broad commercial acceptance of its proprietary AquaMax(TM) technology, capable of driving motors up to an unprecedented 600 horsepower, creating practical commercial solutions to the world's growing water and energy problems.
"It should be clear to the investment community that WorldWater & Power is a company experiencing extraordinary growth with year-over-year revenue numbers in the triple digits," stated Mr. Kelly. "This last year has been especially exciting, with numerous sales and successful ground-breaking projects that clearly demonstrate the unique capabilities of our proprietary solar power technology. WorldWater & Power management has been highly proactive in aggressively laying the groundwork for even more revenue in 2005: we're developing new strategic relationships and new markets, as well as expanding our core technology into new areas of renewable energy. WorldWater's patented technology is clearly a major part of the solution to the world's increasingly serious energy crisis."
"The numbers speak for themselves," Mr. Kelly continued. "In 2001, the Company generated revenues of $241,000. In 2002, the Company generated $643,000. In 2003, the Company generated $1.2 million. We are now forecasting $6 million for this year and a stronger year in 2005."
Mr. Kelly concluded, "We remain firmly committed to growth in revenues, growth in earnings and growth in shareholder value."
(24 Seiten, hier Link zur Deutschen Version)
durchlesen.
http://www.sam-group.com/downloads/studies/waterstudy_d.pdf
reets,
N-R
Finanzsituation ist wohl der Grund für das Stagnieren ,ich beobachte sie auch
Liquiditäötsprobleme sind erst einmal ein schlechtes Zeichen. Ich bin davon ausgegengen, dass das in diesem Fall durch den Kapitalbedarf durch das hohe Wachstum begründet ist. Siehst du das anders?
Wenn die SBI sich Aktien geben läßt, kann man das positiv oder negativ interpretieren.
Siehst du das eher negativ?
Interessant finde ich die Sprunghafte Entwicklung der Umsätze, v.a. in USA. Hat jemand eine Meinung bzw. näheres Wissen dazu?
Gruß,
N-R
PRICES |
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http://www.knobias.com/individual/public/quote.htm (musste unten WWAT eingeben)
trotzdem bedeutet natürlich die Aufnahme von Krediten eine Verwässerung des Aktienwertes,zumal zu befürchten ist,dass diese anschliessend nach entsprechender Public Relation wieder auf den Markt geworfen werden,-und dies ist nur die erste Tranche von weiteren bereits angemeldeten.Soweit ich weiss,ist WWAT stark gestiegen nach dem letzten Report,aber die Finanzlage ist noch immer nicht so gut wie man nach dem Bekanntheitsgrad und der internationalen ökologischen Ausrichtung annnehmen sollte.Die Aktie wird erst steigen,wenn sich die Auftragslage deutlich bessert.
Übrigens ist dies eine der wenigen Firmen,die auch eine deutsche Homepage haben
http://www.worldwater.com/WW/wwpages/germannews2004.html
Tuesday October 5, 5:19 pm ET
Collaboration with Kirloskar Brothers Ltd. Established to Develop Irrigation and Other Water Management Systems to Aid Rural and Urban Poor
PENNINGTON, N.J.--(BUSINESS WIRE)--Oct. 5, 2004-- WorldWater & Power Corporation (OTCBB:WWAT - News), a maker of high-horsepower solar energy systems, has established a strategic alliance with Kirloskar Brothers Ltd., a major Indian pump manufacturer, to develop water management systems to provide improved water and power supplies for rural and urban poor around the world.
ADVERTISEMENT
Under the five-year pact, WorldWater and Kirloskar will develop projects that combine WorldWater's proprietary solar power technology with Kirloskar's broad range of pump and motor products. As outlined in a Memorandum of Understanding (MOU) signed by both companies, the partnership will help both companies meet their common objectives of bringing sustainable agricultural development and improvement of living and working conditions for rural and urban poor.
The MOU outlines broadly how the companies will work to use solar power to bring clean water, irrigation and dependable power supplies to people in developing and war-torn nations, where public infrastructure is inadequate or damaged. Iraq and Afghanistan are among the many developing countries where Kirloskar has implemented sales of its products.
" Kirloskar brings a wealth of experience and longstanding business relationships in markets worldwide. This strategic alliance will enable us to employ our AquaMax(TM) products and other solar technology in markets we would not otherwise reach," said Quentin T. Kelly, CEO of WorldWater.
R.K. Srivastava, Whole Time Director of Kirloskar Brothers Ltd., said, " WorldWater's solar technology is a strong complement for our pumping products. Working together, we believe we will be able to make a significant difference for a great many people who desperately need improved water and power supplies."
About Kirloskar Brothers Ltd.
Kirloskar Brothers is a division of the Kirloskar Group, a $600 million engineering conglomerate, with businesses in manufacturing, agriculture and other areas. Kirloskar Brothers is one of India's largest manufacturers of pumps, engineered electrical and pumping systems, products and related engineering services and management. They conduct business around the world, exporting products and services to 70 countries, including the United States. The company has been in operation for more than a century, has offices on every continent, and is one of India's largest employers.
About WorldWater & Power Corp.:
WorldWater & Power Corp. is a full-service, international solar engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's water supply and energy problems. The Company's recently patented AquaMax(TM) solar pumping systems, capable of driving motors up to an unprecedented 600 horsepower, make WorldWater the first and only solar company in the world with the power to deliver mainstream pumping capability. The Company is also a provider of solar powered water systems in the Philippines and developing nations in Africa and Asia.
WorldWater & Power seeks to achieve revenue growth by marketing its proprietary solar technology through multiple channels to a broad spectrum of institutional and private parties in the world. Prior to the development of the AquaMax(TM) technology, solar powered motors were limited in output to about 5 horsepower, and thus incapable of pumping the volume of water required for large scale systems. WorldWater's proprietary AquaMax(TM) systems can drive motors up to 600 horsepower, creating significant commercial opportunities for WorldWater and expanding the range of applications for clean, renewable solar power in commercial, municipal and institutional mainstream applications. Each day, more solar energy bathes Earth than its 5.9 billion inhabitants consume in equivalent electric power in 27 years, according to the U.S. Department of Energy's National Renewable Energy Laboratory in Golden, Colorado. With many international and domestic governmental agencies increasingly concerned about clean air and water conservation, WorldWater is well positioned to implement its patented AquaMax(TM) systems for the supply of power needed for large irrigation and cooling systems in the world -- with no pollution and no excess pumping to foul the air or excessively drain the natural water resource.
It is the opinion of WorldWater's management that WorldWater is positioned to capitalize on the worldwide demand for next-generation solar technology, as represented by the Company's patented technology. The energy generated by WorldWater is pollution-free, fully renewable, reliable, highly scalable and requires lower operating costs. WorldWater's early-mover advantage, and its proprietary solar technology, will enable the Company to pursue a broad range of opportunities in both the public and private sectors in multiple worldwide markets. For more information about WorldWater, visit the website at www.worldwater.com, or for investor-specific information at www.trilogy-capital.com.
Cautionary Language
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.
--------------------------------------------------
Contact:
WorldWater & Power Corp.
Debra J. Grady, 609-818-0700, ext. 14
or
Trilogy Capital Partners (Investors)
Paul Karon, 800-342-1467
paul@trilogy-capital.com
--------------------------------------------------
Source: WorldWater & Power Corp.
Kommentar dazu:
StockGuru.com Issues Investment Rating of 'Attractive' on WorldWater & Power
2004-10-06 06:01 ET - News Release
DALLAS, Oct. 6, 2004 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, has issued a favorable report on WorldWater & Power Corporation (OTCBB:WWAT). In the report released earlier today, StockGuru.com has issued its rating of 'Attractive' on WorldWater & Power. The report listed the newly announced alliance with Kirloskar, a world leader in industrial pumping technology, as a key investment consideration for this decision. There are other reasons also cited, including WorldWater's reaffirmed guidance for FY 2004.
Pentony says in the report, " We feel that WorldWater & Power Corporation represents a solid long-term investment opportunity at current levels. It appears that there are significantly more catalysts for upside potential in this firm than there are to the downside. While it is not hard to discover firms that have a positive business outlook, as WorldWater does, it is becoming increasingly more difficult to find this optimism at a reasonable valuation."
The report concludes, " We favor companies where we clearly understand the product, its uses, and the threats against it. We find all of this in WorldWater's compelling story. As this company continues to execute its strategy of developing innovative water and energy management solutions, it is highly likely that investors who are early to recognize the potential will be rewarded. Again, while there is no firm that is without risk, we believe WorldWater has the potential for moderate gains with a very limited downside."
The full report is available at: http://www.stockguru.com/WWAT-IO-100604.shtml
schnuckl
StockGuru.com Issues Updated Report on WorldWater & Power Corporation
DALLAS, Oct. 18, 2004 (PRIMEZONE) -- In a report issued this morning, John Pentony, Publisher of StockGuru.com has reiterated his "Attractive" rating on WorldWater & Power Corporation (OTCBB:WWAT), a global leader in high-powered solar applications. Mr. Pentony cites rising oil prices, an important new patent application, and increased near-term financial visibility as three central factors for his firm's decision. In the report Mr. Pentony states, "WorldWater has further strengthened its position as a premier commercial solar energy provider with its latest patent application for a 'no-load' shutoff for motors. This technology provides a critical component for running the type of applications that WorldWater's products operate under... This technology adds to WorldWater's already impressive line-up.
In response to material developments since our initial coverage of WorldWater & Power Corporation (OTCBB: WWAT) on October 6, 2004 (click here to view previous report), and a lower stock price level, we feel it is necessary to reiterate our “Attractive” rating on the company. Three key events have occurred since our initial report that makes this equity even more attractive in the short-term:
1. Crude Oil has breached $50/barrel
2. Company has filed a new patent for an automatic “no load” motor shutoff
3. Successful renegotiation of loan with more favorable terms"
kompletter upgedateter report unter (oder sagt man geupdatet?*g*)
http://www.stockguru.com/WWAT-IO-101804.shtml
Gruß
Nussriegel
wäre ja schön, wenn sich das mal im Kurs niederschlägt
anderereseits bin ich sicher, dass es das früher oder später tun wird.
Da ich wwat eh als Landfristaktie sehe, ist es fast egal, wann...
Press Release Source: WorldWater & Power Corp.
WorldWater & Power Corp. Announces Breakthrough Milestones Of 2004
Wednesday January 26, 7:30 am ET
Company Revenues Rise More Than 300 Per Cent During Year
PENNINGTON, N.J., Jan. 26, 2005 (PRIMEZONE) -- WorldWater & Power Corporation (OTC BB:WWAT.OB - News) announced today the Company's most significant accomplishments and milestones achieved during 2004. The company registered a revenue increase in excess of 300 per cent over 2003 results, from $1.28 million to more than $5.6 million, it was stated by Quentin T. Kelly, Chairman and CEO.
Installation of world's largest solar powered irrigation system -
WorldWater & Power installed a 200 hp solar-powered irrigation system at a commercial citrus ranch in California. WorldWater's proprietary AquaMax(TM) solar drive powers the $2 million dollar water pumping installation, which is the largest solar-driven irrigation system in the world. The state-of-the-art solar irrigation system at the 400-acre Seley Red Grapefruit Ranch ``will contribute to cleaner air and more efficient use of water resources,'' Quentin T. Kelly, WorldWater's Chairman and CEO, said at the commissioning ceremony in Borrego Springs, CA. ``Seley Ranches is an example.... of the wise use of our limited natural resources,'' Mr. Kelly told the audience of California political, environmental and agricultural dignitaries.
Exclusive equipment supplier for world's largest community college photovoltaic installation -
For the massive one megawatt PV system installation at Cerro Coso Community College in Ridgecrest, California, WorldWater completed on-schedule delivery of more than 6000 solar modules, inverters and distribution equipment for the project, the largest PV installation ever implemented on any community college campus. It is expected to generate 60 percent of the college's electricity requirements and, according to college officials, will save the college more than $300,000 in annual electricity costs.
California's first solar powered pumping system for a public water utility -
WorldWater finalized a contract to install a 57 hp solar-powered pumping system in Idyllwild, California. The WorldWater system will power one of Idyllwild's basic water delivery systems, and is expected to save the Water District approximately 70 percent of electrical costs on the meter system where it will be installed. Half of the $309,000 cost will be reimbursed to the Idyllwild Water District by Southern California Edison under the California rebate plan. There are 440 public water utilities and districts in California.
Major energy grant award -
WorldWater was awarded a NYSERDA (New York State Energy Research and Development Authority) grant of $377,500 from 1st Rochdale Cooperative Group Ltd. of New York City, the nation's first urban electricity cooperative. WorldWater will work with 1st Rochdale in developing solar projects in New York. The effort ``is expected to bring cost effective solar power solutions to thousands of customers,'' said Dr. Anand Rangarajan, Executive Vice President of WorldWater & Power.
Change of operating name -
In September, Chairman and CEO Quentin T. Kelly announced a new operating name, WorldWater & Power Corporation. The new name, said Kelly, ``conveys a more accurate picture of what we deliver to our customers. In addition to water engineering, our company provides power to drive 600 hp motors and pumps with our proprietary solar technology.''
Opening of Eastern Sales office and Western headquarters office -
WorldWater opened a new Eastern Sales office at its headquarters in Pennington and a new Western headquarters office in Foster City, near San Francisco. The new offices will help to provide better services for the company's growing business in New Jersey and New York, and for California and other Western states.
rührt sich nicht...
bei ragingbull heisst es ,das sei alles längst bekannt und jemand namens Mfrick(!)sagt:
Seems like Worldwater canceled it's relationship with trilogy-capital as investor relations company. I heard something that they have a new company to bring investor-relations. This could be a good approach since Trilogy not really added value to the company.
By the way... anybody heard about a possible contract in Germany? Heard rumors about it Gerücht klingt ja fast wie Frick,...
Andererseits, an der OTC sind mit Sicherheit auch jede Menge Ami-Fricks unterwegs.
@ paro:
einen Blick wert eigentlich immer.
ich habe den Wert im letzten Jahr eigentlich immer im Auge behalten, weil die Erfahrung gezeigt hat, dass es sehr schnell gehen kann.
Allerdings hätte ich bei den Zahlen und dem Newsflow schon für 2004 etwas mehr Bewegung im Kurs erwartet. Schade.
Trotzdem bin ich sehr optimistisch, dass WWAT irgendwann nach vorne losgeht.
Vielleicht bringt der von Kicky berichtete Wechsel bei den IR ja was. Meiner Meinung nach gäbe es schon einiges zu berichten, was nur besser „verkauft“ werden müßte. Bei den News unter Yahoo finden sich auch immer mal wieder Pressemeldungen, die auf der HP der Firma gar nicht auftaucht. Ist ja eigentlich nicht Sinn der Sache...
Grüße und schöne Woche,
Nussriegel
So... aber jetzt Themawechsel.
Wie gehts weiter mit unseren netten WWAT? Für mich sehr enttäuschend bis jetzt, doch ich bleib immer noch positive... die News werden kommen.
And if they arrive... it will be big! The question is when... and if it is early enough.
Hab das WWAT Management kontaktiert und ein paar Fragen gestellt. Bekomme die nächsten Tage mal ne Antwort auf einige sehr interessante Fragen, die bestimmt viele Anleger interessiert.
PRICES |
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REASONS FOR THE MOVE????
Well 2 straight days of big volume and a move to .299 from .245 so whats up.
From what I can piece together from various sources these are potential reasons for the renewed interest.
1. Rumored large contracts to be announced shortly approaching the 10 Million dollar mark, this would almost double 2004 total sales volume with 10 months still left in 2005.
2. A board meeting was held yesterday, which I could only guess left the members bullish about company prospects, if you notice the stock didn't do anything yesterday until about 2:30 and then volume flowed in like crazy.
3. Rumored potential 15 Plus million contract with the Government of Sri Lanka for water purification system to help remedy problems caused by the recent Tsunami. It is also rumored that Colleen Powell is involved.
You all know my feelings about rumors and fluff announcements but these seem to have some validity to them as too many different people have reported various parts of these stories to me. The only thing I know for sure is that there was a Board Meeting yesterday because I called the company on Tuesday and was told that the people I wanted were unavailable as they were preparing for the Weds. Board Meeting.
All I can say is I hope half of these rumors are true, if so watch out above!!!!!
here is why:
Grüße,
Nussriegel
WorldWater & Power Corp. Signs $1.8 Million Contract to Supply Solar Electric Power to California Tree Farm
Thursday March 3, 3:06 pm ET
PENNINGTON, N.J., March 3, 2005 (PRIMEZONE) -- WorldWater & Power Corporation (OTC BB:WWAT.OB - News), maker of high-horsepower solar energy systems, today announced signing of a contract for $1.8 million to supply solar-generated electricity for a tree farm in California. The company's proprietary solar AquaMax(TM) will drive a 200 hp water pump in addition to the system saving an estimated 70% of the Cocopah tree farm's electrical bills, according to Quentin T. Kelly, WorldWater's Chairman and CEO.
The owner of the farm said, ``We're happy to use environmental measures to do our work. With this advanced solar technology we will be conserving electricity and water and reducing our operations costs.'' Work on the project will begin immediately.
WorldWater & Power recently completed another AquaMax(TM) system driving a 200 hp pump for Seley Ranches, a citrus farm in California. The company also supplied all the solar equipment for a one megawatt solar installation at Cerro Coso College in Ridgecrest, CA, which the college estimates will supply 60% of its electricity and save the college over $300,000 a year. WorldWater & Power also recently signed a contract with the Idyllwild (CA) Water District to operate seven of the utility's pumps by use of the AquaMax(TM) system. Engineering work has begun on that Project.
in D auch steigende Kurse bei -wie immer -mäßigem Volumen.
Ob hier doch noch jemals was geht?
Unten dir Meldung dazu. Klingt ja alles sehr beeindruckend und liest sich gut, aber irgendwan sollte doch auch mal Geld verdient werden und sich die Auftragslage im Kurs bemerkbar machen.
Press Release | Source: Worldwater & Power Corp. |
WorldWater & Power CEO to Issue Update on Company Milestones and Revenue Expectations for 2005
Monday June 20, 7:30 am ET
PENNINGTON, N.J., June 20, 2005 (PRIMEZONE) -- The CEO of WorldWater and Power Corporation, Quentin T. Kelly, will issue an update of the Company's progress at its Annual Shareholder Meeting June 22. In the report to be presented at the meeting at Hopewell Valley Golf Club, he will outline the Company's course in establishing itself as a leader in the market for high horsepower solar systems and large solar net metering projects, declaring that ``WorldWater is on its way to its fourth consecutive year of strong revenue growth.'' Year Revenue Backlog ---- -------- ------- 2001 $241,000 2002 $644,000 2003 $1,280,000 2004 $5,837,000 2005 (6 months) $12,600,000
``In the first six months of 2005, WorldWater & Power has a contract backlog of $12.6 million in sales scheduled for completion this year, representing a 110 percent increase over 2004,'' Mr. Kelly continues. ``This impressive and continuous growth in annual revenues and contract backlog reflects the increasing demand for our products and services in the energy marketplace and is a testimony to the hard work and dedication of our employees.''
Other highlights of the report:
Technology: WorldWater & Power has continued to expand and strengthen its intellectual property portfolio, and believes it has valuable proprietary technology in important niches of the alternative energy market. In the past four years, the Company has obtained patents and continuations-in-part for its newly developed electronics systems and filed for protections of its patents in the Philippines. The Company currently has six patents approved, pending, or in process.
Markets: Since 2002, when WorldWater launched its AquaMax(tm) product line representing the world's most powerful solar pumping systems, the Company has become a recognized energy provider to three high priority markets - agriculture/irrigation, food processing, and water utilities.
Agriculture/Irrigation - WorldWater & Power has installed America's two largest solar powered irrigation pumping systems - a 200 hp system at Seley Ranch and a 50 hp system at Locke Ranch, both in California. The system at Locke Ranch has been operating successfully for more than 2 1/2 years, and has kept the irrigation system pumping through electrical blackouts, and the customer has gone on record recommending the Company's products. The Seley system has been running successfully for seven months, and the owner has allowed the Company to use his ranch as a showcase to demonstrate the system to other potential customers, and has entered into a marketing representation relationship to expand into the dairy industry.
Food Processing - WorldWater & Power has installed the largest solar powered hydrocooling system on a farm in California, a 350 hp compressor pump used to cool potatoes during processing. The owner reports that the system has effectively eliminated electricity costs for his operation.
Water Utilities - WorldWater and Power is currently working on its first two solar installations for municipal water utilities, for the Idyllwild Water District in California and for the Atlantic County Utilities Authority (Atlantic City) wastewater treatment plant in New Jersey. In April, the Company was selected for special attention by the Association of California Water Agencies (ACWA), the largest such association in the country, representing 447 California water utilities. WorldWater is one of only two companies chosen as Preferred Solar Partners recommended to ACWA's members. California represents a large market for WorldWater's products and services, and the Company is working aggressively to follow up on ACWA's endorsement and the many leads it has already generated.
General Solar Energy Market - In addition to niche markets that utilize the Company's expertise in high horsepower solar systems and water management, WorldWater has also established itself as a leader in large commercial solar installations providing electricity to the grid. Last year, WorldWater implemented the largest solar installation on a community college campus. The 1,132,200 KW systems at Cerro Coso Community College in California provides 60 percent of the college's energy and, according to the college, is saving more than $300,000 per year in electric bills. The Company will continue to pursue aggressively this rapidly growing market, and believes that its proprietary technologies can offer high horsepower capability and seamless switching technology for emergency backup systems that competitors cannot duplicate.
The Company also has several contracts for residential solar energy projects in New Jersey and in California, and last week announced the creation of a new Residential Sales Division to take advantage of the large residential rebate incentives in New Jersey and the Million Solar Roofs Bill now awaiting action by the California State Assembly.
Overseas Markets - WorldWater & Power believes that the market for their products and services in developing countries, which have large populations not tied to the electric grid, represents revenue potential as large as or larger than even the burgeoning domestic market. Because of the financial constraints in developing countries, this market has taken longer to develop. The Company has made important progress in several regions that it believes will in the long run be significant markets. WorldWater & Power has established strategic partnerships with large companies in China, India and Iraq, and is working on securing financing for water and electric infrastructure projects in Sri Lanka, Somalia, and the Philippines. While efforts in overseas markets will continue, largely through strategic partnerships, the Company has made the domestic market its clear priority and the majority of the Company's resources are allocated to the domestic U.S. market.
Worldwide Solar and Water Needs - The need for and cost of water worldwide are growing rapidly. Based on estimates by the United Nations Development Programme and the World Bank, $8 billion annually is currently being spent to provide safe drinking water in developing countries, and the cost of bringing clean water to the two billion people who are without access to safe drinking water will be approximately $50 per person, or $100 billion total, over the next five years. Governments may be forced to re-allocate their funding resources to address what the World Bank says will be a major problem of the 21st century - water shortages.
The challenge of how to bring safe drinking water and electricity to rural households in need is one focus of WorldWater's proprietary solar technology. Solar energy supplies more energy in one hour than the world uses in one year, so it is an abundant resource well suited to the dispersed communities off the electrical grid, without the negative pollution attributes of fossil fuels. WorldWater & Power Corp. is well positioned to service this growing demand for sustainable potable water supplies using efficient, cost effective, non-polluting technology.
WorldWater & Power continues to believe that the solar energy market, particularly as it applies to large industrial electricity and water projects, presents an enormous market opportunity and that the Company is uniquely positioned to succeed in this market. The photovoltaic (PV) industry has more than doubled in the past few years, and by 2020, worldwide annual PV direct sales are estimated to be $27 billion and related sales are estimated to be more than $50 billion per year, as stated by the U.S. National Renewable Energy Laboratory report, ``Photovoltaic: Energy for the New Millennium,'' January 1, 2000. Advances in PV technology and corresponding reduction in costs, in addition to enhanced state and federal rebate programs, continue to fuel the increasing demand for PV power. Great potential for PV technology also lies in developing countries, where two billion people lack electricity and sufficient clean water access. Applications range from remote pumping, irrigation, telecommunications and lighting to complete community power systems.
The task of bringing new technologies to large industrial markets is not an easy one. First, many bright people must persevere for years in order to develop these innovations to the point where they can be commercialized; WorldWater's team of researchers and engineers has done this. Second, it must be demonstrated to a skeptical market that the technology functions well and reliably, and that the economics are viable; WorldWater has done this as well by installing industry landmark systems and keeping customers satisfied. Only after accomplishing both of these can a company achieve broad market acceptance and concurrent rapid sales growth with increased margins. WorldWater & Power believes that, thanks to the hard work of dedicated staff and to the support of their shareholders, they are at this stage now.
For more information about WorldWater & Power Corp., visit their website at http://www.worldwater.com.
The WorldWater & Power Corporation logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1629
Forward Looking Statement
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.
WorldWater & Power Corp. (OTCBB: WWAT), has announced that grid reconnection
with San Diego Gas & Electric,has announced that grid reconnection
with San Diego Gas & Electric, a subsidiary of SempraEnergy (NYSE: SRE) has been
secured by Farm ACW of Fallbrook, California for a $7.8 million solar electric
project being carried out by WorldWater & Power.
"Farm ACW will be the largest farm operation to be powered by solar systems
anywhere in the world, replacing a megawatt diesel generator now being used for
power,'' said Quentin T. Kelly, Chairman and CEO of WorldWater & Power Corp.
WorldWater & Power currently has nine projects in engineering or
pre-construction stages or under construction in California and New Jersey.. The
total of projects signed in 2005 is $12.6 million, compared to total revenues of
$5.8 million in 2004.!!!
Trading for Worldwater Corporation (OTCBB: WWAT) has been heavier than usual in today's session. By 09:50 ET, the stock had already traded 708,300 shares via 11 trades. The cumulative volume is 51.81% above its 20-day average of 466,570
---- -------- -------
2001 $241,000
2002 $644,000
2003 $1,280,000
2004 $5,837,000
2005 (6 months) $12,600,000
d.h. das mit dem rasanten wachstum von Kicky ist nicht übertrieben.
vielleicht werden nun doch noch die treuen WWAT-Anhänger belohnt.
Ich selber war nicht ganz so treu, d.h. habe lange nicht mehr so viele, wie ich mal hatte.
Aber noch was anderes:
Wie Homepage gibt es inzwischen auch in chinesischer Sprache.
Soll jeder seine eigenen Schlüsse draus ziehen...