WorldWater & Solar Technologies Corp. (OTC BB:WWAT.OB), developer and marketer of proprietary high-power solar systems, and Solargenix Energy, LLC headquartered in Sanford, North Carolina, have signed a Strategic Memorandum of Understanding (MOU) to expand and increase the efficiency their respective sales forces.
WorldWater is an international solar engineering and water management company with unique, high-powered solar technology providing solutions to power and water supply problems; Solargenix is in the business of maximizing patented solar collection technology and other patents and know-how in solar thermal heat, with worldwide experience in energy and environmental engineering, solar design and building construction. The Companies expect to offer a full spectrum of solar capabilities for residential, industrial, and commercial buildings – from lighting to heating, from driving motors and pumps to hot water supply and HVAC.
Solargenix holds a 45% stake in Acciona Solar Power, Inc. (formerly Solargenix Energy, Inc) the company currently developing a 70MW solar thermal power plant in Boulder City, Nevada. The MOU between Solargenix and WorldWater excludes Acciona, but contemplates exploring the viability of using WorldWater’s PV technologies in the large scale power plant business.
Solargenix solar thermal patents are based on non-imaging optics science developed at the University of Chicago by world renowned scientist Dr. Roland Winston. Non-Imaging Optics improves the efficiency of converting solar energy to thermal energy. The Winston CPC collector is capable of producing temperatures up to 200 degrees F for commercial and industrial applications.
www.solargenix.com
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