 The energy crisis in California has created an exceptional business opportunity for WorldWater & Solar Technologies, Corp.’s solar technology, which is capable of generating mainstream solar capacity to reduce demand on the electric grid and to replace diesel generators in commercial applications.
This opportunity is particularly applicable to the billion-dollar agriculture, water utility and winery markets in the state. Agriculture accounts for 7 percent of the trillion dollar California economy and 90 percent of all electrical usage for California agriculture is moving water. Water utilities collectively are the single largest users of electricity in California.
Only one solar company has the technology to provide power even during peak periods, to ensure that critical systems continue running during blackouts and brownouts, to drive pumps and existing AC motors up 600 horsepower from the grid or from solar alone – WorldWater & Solar Technologies, Corp.
To help ease the demand on the electric grid, California is issuing rebates of $3.50 per watt, up to a project size of one megawatt, and 7.5 percent tax credits (plus 10 percent federal tax credits) to consumers purchasing renewable solar power. In addition to the energy crisis, California faces significant air quality issues, with the air quality in the agricultural section of the state having been rated “worst” by the EPA (Los Angeles first, Fresno second). New laws require cleaning the air by the use of renewable energy.
Only WorldWater & Solar Technologies, Corp. has the technology to fully take advantage of the opportunities presented by the California industrial market. WorldWater’s California projects are summarized below:
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