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Wind Works Power Corp 5MW Weiler III Project Achieves Commercial Operation in Germany

WWPW

(via Thenewswire.ca)

SCHENECTADY, NEW YORK, UNITED STATES, July 8th, 2016 – Wind Works Power Corp. (OTC:WWPW -News) is pleased to announce that it`s 5 MW Weiler III project in Germany has achieved commercial operation. Wind Works had constructed the project and then sold a majority stake to a municipal utility consortium in Germany. The 5MW project consists of 2 x Nordex N117 wind turbines with an investment value of approx. $10 Million.

Wind Works co-owns a minority stake in the wind farm in partnership with the municipal utility consortium.  

“We are pleased that now 6 projects have achieved commercial operation this year alone. Wind Works now co-owns and operates 13MW including our 4.6 MW Zero Emission People windfarm no. 1.” comments Dr. Ingo Stuckmann, Wind Works President and CEO.

About Wind Works * Zero Emission People

 

Wind Works now operates 13 megawatts (MW) in Germany, in which it has an approx. 50% ownership stake. In addition, Wind Works is developing Feed-in Tariff contracted projects in Ontario with Capstone Infrastructure (an affiliate of Macquarie Infrastructure), plus an additional 10 MW on its own; 77 MW of near-term permitted projects in Germany; and a project pipeline in the United States.

 

Wind Works is a certified Zero Emission Company. Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 10 tons each year (for Germany), it only takes a modern windmill 1 day by producing approx. 20,000 kilowatt hours of zero emission energy.

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

 

For additional information, please contact: Investor Relations ir@windworkspower.com

Copyright (c) 2016 TheNewswire - All rights reserved.



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