PacWest Equities, Inc. Plans to Relocate Its Solar Manufacturing Line to Brazil to Capture Part of Brazil's Solar Market Estimated to Reach US$89 Billion by 2017
LAS VEGAS, NV--(Marketwired - Sep 17, 2013) - PacWest Equities, Inc. (PINKSHEETS: PWEI) announced today the Company plans to relocate its solar manufacturing line, including its tooling and Intellectual Property to Parana, Brazil. The company plans on installing a vertically integrated manufacturing line to manufacture a wide variety of Thin Film and Silicon Solar Products making it one of the first solar manufacturing companies in Brazil. The South American solar market is the fastest growing region in the worldwide solar market, and is estimated to reach US$89 Billion by 2017.
The Solar Manufacturing Line, which cost over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities, Inc., addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain.
About PacWest Equities, Inc.
PacWest Equities, Inc. specializes in working with under-performing companies and bringing together the resources needed for them to attain financial stability and growth. Our focus is on recession proof industries such as food and energy production showing a positive upside while struggling to bring new bio-technologies and unique products to market.
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