FORT WALTON BEACH, Fla., June 18, 2010 (GLOBE NEWSWIRE) -- Kalahari Greentech, Inc. (Pink Sheets:KHGT - News) released a statement today discussing its cutting-edge Wind Generator system in detail.
Wind and solar are fast becoming the leading sources of renewable energy. Kalahari Greentech designs, produces and provides wind turbines, solar collectors and other sustainable energy technologies. Nearly $2 billion in money from the American Recovery and Reinvestment Act has been spent on wind power, funding the creation of enough new wind farms to power 2.4 million homes over the past year. (Source: http://www.abcnews.com/).
Kalahari's Wind Generator concentrates wind energy in a manner such that it can generate electric power at speeds usually too slow for conventional wind generators to produce any meaningful energy, or to even operate. It can also be modified to operate in water. For instance, it can be utilized in streams, rivers and tidal basins.
Many wind generators on the market today are a hazard to birds and other wildlife. Kalahari's Wind Generator avoids the bird strike problem because each unit comes standard with a shield that blocks birds from being hit by the turbine blades. The screen is sufficiently fine, such that not even a hummingbird can get through. The unit also releases short-range ultra-sonic waves that deter insects from nesting within the apparatus.
According to the American Wind Energy Association, the U.S. Department of Energy announced a goal of obtaining 6% of U.S. electricity from wind by 2020. From 1990 -- 2002, wind has been the fastest-growing power source worldwide on a percentage basis, with an annual average growth rate exceeding 30%. An average U.S. household uses about 10,655 kilowatt-hours of electricity each year. One megawatt of wind energy can generate 2.4 to more than 3 million kilowatt-hours per year. At the end of 2009, the installed capacity of wind power in the United States was just over 35,000 megawatts. Texas, with 9,410 MW of capacity, has the most installed wind power capacity of any U.S. state, followed by Iowa with 3,053 MW. (Source: http://www.awea.org/).
Research indicates that Kalahari's Wind Generators are cost effective when the energy they produce outweighs the cost of the unit. By installing at the point of greatest need, the units also eliminate the need to create an alternate energy power grid and suffer the transmission line losses.
More information can be found on the company's website, http://www.kalaharigt.com/.
About Kalahari Greentech, Inc.: Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company's main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.
Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
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