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TSPG TGI Solar Power Group Inc (PK)

0.00215
0.00015 (7.50%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TGI Solar Power Group Inc (PK) USOTC:TSPG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00015 7.50% 0.00215 0.002 0.0023 0.0023 0.00212 0.0023 108,500 19:32:29

TGI Set Up EKOPLAZ Subsidiary to Implement Waste to Energy Projects

03/06/2010 6:23pm

Marketwired


TGI Solar Power (PK) (USOTC:TSPG)
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From Jul 2019 to Jul 2024

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TGI Solar Power Group (PINKSHEETS: TSPG), provider of solar and other clean technology products and solutions, announced today that it set up an autonomous subsidiary EKOPLAZ Inc. in the United States. TGI's intent in this venture is to utilize the patented EKOPLAZ's waste to energy technology while improving its performance, file for international patent protection, and commence implementation.

Earlier this year TGI signed an MOU with Ekoplaz, a Ukrainian waste management company, whose technology is based on applying the effect of high-frequency disruption in electromagnetic microwave fields. Under the Agreement, TGI will have exclusive rights to use the Ekoplaz technology in North America, South America, and the European Union; Ekoplaz currently holds patents on their technology in Ukraine.

Ekoplaz, a Ukraine-based research group, developed technology based on using the effect of high-frequency disruption in electromagnetic microwave field. High field intensity provides air ionization in location of disruption with the release of high temperature. Special configuration of air ionization chamber on condition that the supply of the middle and large microwave capacity provides the initiation of a stable plasma flame at output of a plasmatron nozzle. Process significant advantages include: pesticides utilization or domestic industrial waste burning occurs in continuous operation. A plant can be implemented both in mobile and stationary performances.

TGI SOLAR POWER GROUP INC. (www.tgisolar.com) is a provider of solar and other alternative energy products and solutions. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs in Hong Kong and subsidiary in Italy with solar installation, integration, and energy consulting firms.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.

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Contact: Henry Val Email Contact

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