Sunbelt Initative to Power Developing Nations

News provided by

Dec 12, 2011, 02:31 ET

SHANGHAI, China, Dec. 12, 2011 /PRNewswire/ - Sunbelt International (Pink Sheets OTC BB: SUNB) The company is pleased to announce today an initiative to conduct aggressive development and deployment of our energy technologies and systems in third world countries. According to Sunbelt International President Fang Soo Lui, "It is the strategic objective of Sunbelt International to approach emerging markets with sustainable energy alternatives." Sunbelt is currently communicating with several developing nations to install the units within these regions.

Africa is a prominent example of an emerging market. The continent has vast reserves of wind, and solar thermal renewable energy, which can meet local needs in addition to exporting electricity to Europe. Africa has 9 times the solar energy potential of Europe—an annual equivalent of 100 million tons of oil.

In 2010 the World Bank announced a 5.5 billion dollar package, which would be invested in solar energy projects in Africa. The proposed deployment of several commercial-scale power plants would provide the critical mass of investments to attract private investors and entrepreneurs to these high-potential regions for solar power.

The World Bank states that the potential of clean energy projects in Africa has the potential to reduce emissions by 740 million tones of CO2. At a conventional price of $10 dollars per tonne of carbon emission, the most objective estimate gives a potential market of 7.4 billion per annum on the carbon market.

Sunbelt International Inc.
Fang Soo Liu
President
[email protected]
[email protected]
www.sunbeltenergy.net

SOURCE Sunbelt International Inc.