Global Warming Solutions Achieves Further Advances With LETG Solar Energy Technology
Posted on: Tuesday, 8 January 2008, 15:00 CST
Global Warming Solutions, Inc. (Pink Sheets:GWSO) -- a developer of technologies aimed at mitigating the effects of global warming -- today announced further advances in the development of its LETG technology.
The LETG (Light Electric Thermal Generator) is a hybrid solar and thermal energy generation technology that works by heating up liquids that circulate on the surface of its solar panels to generate electricity 24 hours a day.
More efficient production
Global Warming Solutions is working to bring its improved solar energy solution to market. In its previous announcements, the Company mentioned the development of a new laminate coating for the solar panels in the LETG system, which increased energy conversion efficiency by 11-15% on average. Now the Company is pleased to announce that it has shifted to dual-sided panels that are applied with the laminate and efficiency has further increased by 38-56% on average.
"We started out with an efficient technology that produced photovoltaic electricity 2.5 times more effectively than conventional solar panels. Then we increased our electric conversion efficiency by 11% as a result of developing a unique coating for the solar panels in our system. Now we have further increased conversion efficiency to 38% by shifting to a dual panel system," Said Dr. Alexander Kornaraki, Chief Operating Officer of Global Warming Solutions. "We are extremely happy with these results and believe the technology is very close to being ready for implementation as the foundation for a new generation of Solar Power Plants."
To learn more about the LETG Solar Energy Technology visit:
http://www.globalwarmingsolutions.com/solutions/cleanenergy.php
For LETG licensing opportunities please contact the company.
About Global Warming Solutions, Inc.
Global Warming Solutions develops and commercializes technologies that help mitigate Global Warming and its effect on our planet. The Company targets three areas that help reduce the extent of Global Warming and fight issues that have risen in consequence: Clean Energy, Carbon Control, and Water Purification. Current climate models predict that global temperatures will rise sharply over the next century. The increase in temperatures can be slowed or eliminated by decreasing the amounts of greenhouse gases released into the Earth's atmosphere. Global Warming Solutions seeks to leverage its experience and management to help make a difference in the fight for climate control.
For more information visit the company website:
http://www.globalwarmingsolutions.com
The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate,""anticipate,""believe,""expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.
Source: Business Wire
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