GRID CLOUD SOLUTIONS INC (PINK:GRDC) is likely to develop solar power on lands in prime regions available for transmission capacities totaling over 10 MW of ground mounted photovoltaic projects. Th solar energy project, is located in Ontario, Canada, which is expected to get permission under the province’s renewable energy promoting Feed-In-Tariff program. The project is likely to generate over $7.8 M per annum in revenues for Grid Cloud Solutions.
Mr. Danny Wong, CEO of Grid Cloud CEO, commented that the company’s continues to secure the rural lands closest to areas of transmission.
The company further offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry.
Shares of GRDC slumped 30% to $0.014 on hefty volume of 6.61 million shares, compared to its average volume of 516K shares.
Disclaimer:
The assembled information distributed by headlineotc.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Headlineotc.com does expect that investors will buy and sell securities based on information assembled and presented herein. Headlineotc.com will not be responsible in any way for or accept any liability for any losses arising from an investor’s reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
very good post, i was really searching for this topic as i wanted this topic to understand completely and it is also very rare in internet that is why it was very difficult to understand
thank you for sharing this.
Regard
Stock Market
Great posting dear, really thanks. I’m now following your blog & I‘ll follow your all blogs for that kind of interesting blogs.