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Alternative Energy Stock: International Power Group (Pink Sheets: IPWG)
One corporation that is poised to reap the benefits of waste to energy technology is International Power Group (Pink Sheets: IPWG). It is based in Celebration, Florida and with branch offices in London, England and M?xico City, Mexico, IPWG is a expansion stage company attempting to build waste to energy facilities on a international scale. Such an enterprise is a gigantic undertaking and IPWG has systematically laid the foundation for its future accomplishment.
IPWG contracted to purchase the waste to energy technologies of Anovo AB, Add Power, and Scrub Power in June of 2006. According to corporation reports, the Anovo technology is a turnkey waste to energy process with the capacity of disposing of thousands of tons of garbage per annum while producing numerous megawatts of power. An supplementary benefit derived from the functioning of this technology is the daily generation of thousands of gallons of agricultural and potable grade water. If you think about those numbers, one IPWG plant using Anovo technology will have the potential to eliminate the waste of tens of thousands US citizens while at the same time producing much needed electricity and water. The best part, in addition to this being an environmentally friendly process, is the fact that IPWG stands to make money on nearly every aspect of the implementation of each plant. When IPWG takes in waste for processing, they collect a fee from the entities disposing of the waste. That in itself is an incredible achievement. IPWG does not have to pay for the raw materials they use for the creation of energy; they actually get paid to take in the raw materials! As this waste is processed, IPWG can sell the energy and water that they generate. The company is projecting the completion of one location with twelve plants by 2008. Net income from these operations is anticipated to be hundreds of millions of dollars! By 2010, the company projects several locations with eighty four plants pulling in an estimated income greater than one billion dollars! We know that anyone can make projections, but delivering on those projections is what counts. Can a Pink Sheet company such as IPWG deliver the goods? Many prominent people appear to think so.
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