In recent news, the Company announced a new product known as The Concentrated Solar Tracking System (CST) providing an innovative solar tracking platform that utilizes low-cost reflectors directed at Stirling engines mounted at the center of its structure. The platform of the structure is based on the previously disclosed patent pending Solar Tracking System (STS) which rotates to continually optimize the sun’s rays during the day to maximize the thermal energy production of the Stirling engines.
The CST is projected to substantially reduce power-generation costs by up to 56% as compared to traditional solar power installations. The CST design provides a low-cost structure that adds stability to the overall system while utilizing common, off-the shelf components with an extended life expectancy. The CST significantly reduces the payback period for solar power investments to under 3 years at many locations. The CST performance is fully guaranteed by the company.
This press release contains forward-looking statements that could be affected by risks and uncertainties. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of
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