Global Warming Solutions, Inc (GWSO.PK), a developer of technologies aimed at mitigating the effects of global warming, announced that the company has acquired Wave Electric Power Station (WEPS) technology. This energy, acquired from an affiliate of Coral-Invest Technologies, will help the company grow its product portfolio tremendously.
This particular WEPS technology utilizes floating generators deployed in the ocean to capture energy from the movement of sea waves and coverts this motion into electricity. Each generator can produce up to 100KwH of energy per day, a significant value.
Dr. Vladimir Vasilenko, CEO of Global Warming Solutions, stated, “We are extremely pleased to have added the WEPS technology to our portfolio and believe that it marks an important milestone for the company as we enter another area of renewable energy. The WEPS is a completely self-sufficient energy generating technology that can be deployed in the most important regions of the world.”
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