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Thursday, June 01, 2006

China and India's Demand for Alternative Energy, Fuelled by High Oil Prices, Pollution and Power Failures, Drives Future of Wind Energy

RenewableEnergyStocks.com - Presents Audio Interviews with Wind Company Vitasti Inc. and Frost and Sullivan Analysts

POINT ROBERTS, Wash., June 1, 2006 - http://www.renewableenergystocks.com/ (RES) a leading investor and industry portal for the renewable energy sector presents audio interviews with Shannon deDelley, Director of Welwind Energy International, a division of Vitasti Inc. and senior research analyst Vijay Murthy, from Frost and Sullivan’s Technology Insights Group, as well as Pramodh Panchandam, research analyst for the Energy and Power Systems Group. With China currently setting the pace as the world's largest investor in renewable energy, global wind energy implementations are on the rise. Factors driving the growth in China and India in particular, are the high demands based on economic growth. Rising energy costs, pollution concerns and power failures could all impact or stall the industrialization of their economies. Vitasti and Frost and Sullivan provide insight into India and China moving up the ranks globally for installations in wind technology.

Wind energy has realized significant growth and according to Vijay Murthy, offers a viable solution for strengthening existing electrical grids by reinforcing energy reliability and protecting production levels. “This would require large scale integration into the electrical grid so when conventional electrical sources fail, wind power could be utilized. Improving the turbine technology, incorporating forecasting and coordinating grid interaction with other energy sources could definitely speed up a massive deployment of wind energy,” explains Murthy.

Vitasti Inc. (OTCBB: VITS) is working to help meet China’s energy needs through their current focus on the development of wind farms located along the South China Sea, in the Province of Guangdong. The two contracts recently signed with the cities of Yangxi and Zhanjiang, will allow the company to build “1000 Megawatts of wind power in Guangdong Province with a 50 year PPA (purchase price agreement).” As the Chinese government has established a goal of obtaining 20 GW of total wind power by 2020, the demand for alternative energy is there.

As they advance the Company’s wind farm project along the South China Sea, deDelley states, “A land lease was issued to Welwind recently by the City's Oceans and Fishery Department permitting the company to build Zhanjiang’s first wind energy facilities.'' He adds, “Welwind plans to build fifty (50) megawatts in the first phase of a six hundred (600) megawatt wind farm on this property. Construction will begin with the arrival of one demonstration wind turbine which will produce enough electricity to power more than one thousand (1000) homes.”

To Listen to the Wind Energy Interview Series Please Visit: http://www.renewableenergystocks.com/Audio/RES/VITS/default.asp

About our Clean Energy Portals:

RenewableEnergyStocks.com (RES) and EnvironmentStocks.com (ES) are portals within the InvestorIdeas.com™ content umbrella. Our sites do not make recommendations, but offer investors research, news and links to public companies within the renewable energy and green sectors. RES and ES provide a variety of renewable and green content through: Clean Energy News Blog, Renewable Energy Blog and articles by solar expert, J.Peter Lynch, all available on RenewableEnergyStocks.com.

For our comprehensive list of Renewable Energy Stocks: Click Here
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Hear the latest CEO and analyst interviews, roundtables with industry experts and online investor conferences as an additional source of research and due diligence on our audio investor portal: http://www.audioinvestorforum.com/audio_stocks/

Featured Renewable Energy Portal Sponsors: (RES is compensated by Vitasti as disclosed in disclaimer.) Vitasti, Inc. (OTCBB: VITS) has signed an agreement with Welwind Energy International Corporation (WEIC) for 100% of WEIC's assets. Their current project is to bridge the North America-China link by building wind farms in China beginning along the South China Sea. For More Info: http://www.renewableenergystocks.com/CO/VITS/Default.asp

InvestorIdeas.com Disclaimer: http://www.renewableenergystocks.com/About/Disclaimer.asp Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and/or IR firm and is not the opinion of our web sites. These sites are currently compensated for by its "featured companies," Vitasti, Inc. (OTCBB: VITS), Thirty five hundred dollars per month, plus two thousand a month in one forty-four stock.

For more information contact: Dawn Van Zant 800.665.0411 Jennifer Lee 888.348.3033 Email: dvanzant@investorideas.com, or jlee@investorideas.com

Web Site: http://www.renewableenergystocks.com/

Source: RenewableEnergyStocks.com, Vitasti Inc.

1 comment:

Keithy said...

Thanks, a very useful article...
yeah, alternative energy is really important in the world of China today...
I was looking for stocks of alternative energy and found a nice video... if you want to take a look at it, go to http://www.youtube.com/watch?v=OVanCu3EBHw