Sunbelt signs agreement to provide water turbines
SHANGHAI, China, Feb. 21, 2012 /PRNewswire/ – Sunbelt International (http://www.sunbelt-inter.com/) (OTCBB: SUNB) President Fang Soo Liu is pleased to announce that
Sunbelt International has signed an agreement with Promithian Mining
Inc to provide the company with Water Turbines. Promithian will utilize
the sustainable energy provided by these water turbines to power
exploration and mining operations in a remote area of the southern
This deployment of the In Water Turbines marks a milestone for Sunbelt
International, and is in alignment with the corporate strategy as an
energy provider in remote parts of the world.
The deal calls for Sunbelt International to provide Water Turbines,
which will generate up to six megawatts of power. This production of
energy will allow Promithian to operate more efficiently. Diesel
generators were previously used as a power source for these types of
operations; however, this is a significantly more costly alternative to
energy produced by hydropower at a ratio of approximately $1: $0.16
respectively for diesel generators versus In Water Turbines.
Hydropower produces over 24 percent of the world’s electricity, and
supplies more than 1 billion people with power. This number is on the
rise, and Sunbelt International is taking advantage of this trend
towards sustainable energy productions to aggressively penetrate
emerging markets in remote areas.
SOURCE Sunbelt International Inc. – Panther Consulting Inc.