GiraSolar Turkey Ltd. to participate in tri-hybrid (solar, wind & grid) power electrification project on two Turkish islands.
Source: GiroSolar press release
http://biz.yahoo.com/iw/070108/0200640.html
DEVENTER, THE NETHERLANDS — (MARKET WIRE) — January 08, 2007 — GiraSolar, Inc. (PINKSHEETS: GRSR) (FRANKFURT: L2I) is pleased to announce its subsidiary GiraSolar Turkey Ltd. received invitations to participate in electrification project on two Turkish islands. Erol Barendrecht, resident MD of GST, stated: “It is a great honour to have been selected to participate in these projects and a reward for our continuing efforts to bring solar into the spotlight in Turkey. It is also recognition for our team and their skill that we are now allowed to design these complex energy systems, involving solar, wind and grid or generator power, to assure reliable energy supply. These systems will be important demonstrations of how alternative energy in general and solar specifically fit into a more secure and diversified energy supply system for the entire region. Furthermore, the use of a lease construction in one of the projects is a first in Turkey and a major breakthrough in financing projects.”
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