Overview
GWS Technologies, Inc. (OTCBB: GWSC)
GWS stands for GreenWindSolar. We are a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new micro-generation movement that is transforming the way businesses and consumers provide for their energy needs. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Market Information
Authorized Shares:
100,000,000
Issued/Outstanding:
7,800,000 as of September 8, 2009
Company Highlights
- Experience
The GWS management team has over 30 years combined experience in managing public companies, project development, and product sales and marketing.
- Government Incentives
With new government incentives and enhanced tax credits for homes and businesses through the American Recovery and Reinvestment Act, Arizona is now poised to expand its solar power production dramatically. 28 states, including Arizona, have a Renewable Energy Standard which requires regulated utilities to buy a growing percentage of their electricity from renewable energy projects like solar farms and commercial retrofits.
- Solar Farm Proposals
We have submitted solar farm proposals in response to issued Requests for Proposals from metropolitan public works departments and other entities in Arizona with a cumulative value in excess of $350 million.
- Strategic Partnerships
We have partnered with Dominion Real Estate Partners, Inc. (DREP) to provide solutions and technology integration on alternative energy projects in Texas and Arizona.
- Global Investors
Global investors placed $148 billion into new wind, solar and other alternative energy assets last year, in what the United Nations describes as a "green energy gold rush" gaining speed the last several years.
- Worldwide Energy Demand
The U.S. Energy Information Administration said that worldwide energy demand is expected to grow 50 percent over the next two decades and oil prices could continue to rise, making investment in renewable energy a global trend.
- Renewable Energy Solutions
The United States currently relies heavily on coal, oil, and natural gas for its energy. These fossil fuels are nonrenewable, finite resources that will eventually dwindle, becoming too expensive or too environmentally damaging to retrieve. In contrast, renewable energy resources – such as wind and solar energy – are constantly replenished and will never run out. Our renewable energy solutions help consumers generate their own electricity in harmony with the environment.
- The Move Toward Clean Energy
Major companies are positioning themselves to take advantage of the move toward clean energy. Eleven major corporations -- including IBM, DuPont, General Motors, and Johnson and Johnson -- formed the Green Power Market Development Group in an effort to develop worldwide corporate markets for renewable energy.
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Key Executives
Eric Johnson
Chairman and Founder
Richard Reincke
President and CEO
Michael Coskun
Vice President
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Company News
In a New Audio Interview at SmallCapVoice.com, Richard Reincke, CEO of GWS Technologies, Inc., Provides a Significant Progress Report
January 13, 2010, 8:00 am
GWS Technologies Now Accepting Orders for XLERATOR® Hand Dryer
January 12, 2010, 4:05 pm
GWS Technologies, Inc. Announces New Advisory Board Member
January 6, 2010, 7:30 am
GWS Technologies Begins Accepting Orders For Proprietary Solar Panels
December 8, 2009, 7:00 am
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