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WorldWater & Power Corp. Signs $1.2 Million Contract to Provide Solar Power for L.A. Baking, Inc. Thursday November 17, 10:54 am ET
PENNINGTON, N.J., Nov. 17, 2005 (PRIMEZONE) -- WorldWater & Power Corp. (OTC BB:WWAT.OB - News), developer of proprietary high-powered solar energy systems, today announced that it has signed a $1.2 million contract to build and install a solar electric power generation system for Los Angeles Baking, Inc. a premium baking company located in Los Angeles, California.
ADVERTISEMENT L.A. Baking has been providing high quality baked goods to hotels, restaurants, businesses and individuals in the Southern California area for 14 years. The photovoltaic (PV) system will provide electricity for the company's bakery operations, and is expected to substantially reduce operating costs for electrical usage for the facility.
WorldWater & Power Corp. plans to construct a carport over the parking area at the bakery and cafe facility to hold the PV panels that will power the system. Plans call for construction of the carport and installation of the systems to be managed and supervised by Quantum Energy Group, the California engineering, construction and project management firm acquired by WorldWater & Power Corp. earlier this year. The contract is subject to approval of the utility rebate application for the project and securing of financing by the owner, following which construction is expected to begin immediately.
About WorldWater & Power Corporation
WorldWater & Power Corporation 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. For more information about WorldWater & Power Corp., visit their website at worldwater.com.
Information about WorldWater's newly acquired subsidiary, Quantum Energy Group, is available at quantumenergygroup.com.
The WorldWater & Power Corporation logo is available at: primezone.com
Contact:
WorldWater & Power Corp. Rose Mary Schwarz Phone: (609) 818-0700, ext. 33 rschwarz@worldwater.com
Investors/Media Contacts: The Ruth Group Denise Roche / Jason Rando Phone: (646) 536-7008 / 7025 droche@theruthgroup.com jrando@theruthgroup.com |