Roseville, CA – May 17, 2016 — HeliosAltas Corporation and DA Green Power Consulting (DAGPC) have agreed to an exclusive distribution and development partnership agreement for the territory of the Republic of the Philippines. The Philippines is an ideal market for the Helios PowerWheel™ Technology. The mountainous archipelago island nation provides numerous opportunities for this hydroelectric technology. Archimedes Flores, CEO of DAGPC, said “This unique renewable technology can provide consistent baseload power at a significant cost savings to our customers. We already have a backlog of installations for the first year with more projects in discussion.”
“We have been working with our partner under an MOU agreement for over a year to analyze and understand the Philippine market, said Michael Carroll, CEO of HeliosAltas. “We are extremely excited to be signing the agreement with DAGPC. As a power trader they understand this market intimately and have previous experience developing renewable projects.”
The value of this agreement over the first four years is for a minimum of $16.2 million. This technology will provide valuable zero emission renewable energy to the Philippine power grid as well as power to remote villages isolated from the grid. This renewable hydro technology will help to balance the grid power system to provide stability to the people of the country. With this technology, the remote islands of the country now have an option for a low cost, renewable, high quality, remote and stable power source that was not previously an option.
About the HeliosAltas Corporation
HeliosAltas Corporation is bringing worldwide access to cost-competitive, zero emission energy. The company is made up of a team of highly motivated people working to moving the world to zero carbon energy production by developing projects based on its unique low impact hydroelectric technologies. HeliosAltas manufactures sustainable technologies that it utilizes to develop projects both directly and through global partnerships. Learn more at https://www.heliosaltas.com/
About the Helios PowerWheel™
The Helios PowerWheel is the world’s first suspended hydroelectric generator producing clean renewable power with zero emissions. The Helios PowerWheel rises and falls with changing water levels automatically so it does not catch debris and allows full aquatic passage. All of the generation components are contained within the shell of the unit making it the first truly modular hydro technology. This low impact power generation can be deployed quickly. The Helios PowerWheel requires little to no civil infrastructure and it is designed to be added to existing projects to capture unused energy. Units can be installed in series or parallel in Hydro-Farms to produce megawatts of power. All this means that this is a truly green ultra-low cost energy solution.
About the DA Green Power
DA Green Power Consultancy is an established Consultancy and Wholesale Electricity Spot Market Trading Team composed of elite experts from different sectors of the Philippine Electric Power Industry and the Business Sector. It has now helped large power industry players throughout the Philippines to get the best power supply deals, improve reliability and efficiency at reasonable costs. The approach is holistic, balanced, progressive and responsive to the changing needs of our clients as influenced by the rapidly evolving environment and landscape of the Philippine Electric Power Industry. Learn more at http://www.dagreenpowerconsultancy.com/index.php
Michael Carroll, HeliosAltas Corp. USA 1-844-HELIOS-1 (844-435-4671) or [email protected]
SOURCE HeliosAltas Corp