RenewableEnergyStocks.com (RES), a leading investor and industry portal for the renewable energy sector, introduces new featured company Legend Investment Corp. (OTC.PK: LVCP), a holding company dedicated to the acquisition and development of solar energy companies. Legend Investment Corp is building its presence in the solar arena through its upcoming purchase of 51% in GiraSolar B.V., which the Company expects will create significant value for their shareholders in the months ahead.
The GiraSolar group is an umbrella organization for subsidiaries, partners and affiliated entities active in the field of solar energy product development, production and application with $12,000,000 USD generated in revenue last fiscal year.
Legend Investment Corp., which entered the solar arena in 2005, is purchasing GiraSolar under a binding letter of intent. This purchase will enable Legend to take advantage of the growing opportunities in the renewable energy arena, as the nation looks to reduce its dependence on foreign oil. The worldwide solar market has experienced an average annual growth of >40% over the past five years with expectations that this double digit pattern will continue for several years to come. According to Clean Edge research, the market for Solar Photovoltaics (PV) will reach $39.2 billion by 2014 growing from $7.2 billion in 2004.
Renewable Energy (RE) is by now an accepted part of the energy economy with PhotoVoltaic (PV) solar energy looked upon as one of the RE sources with the highest potential of fulfilling the world’s energy needs. In the near future, especially when Hydrogen will make up a large part of the fuel supply -- replacing part of conventional fuels like natural gas and liquid fuels -- PV solar is expected to be one of the major power sources for producing hydrogen.
Wieland Koornstra, CEO of GiraSolar is leveraging these growing solar opportunities. “GiraSolar has developed a strong strategy, based on vision and ambitions, already proven by its successful growth. Through chain control, the group secured supply of various half-fabricates, like silicon, wafers, solar cells, which lead to a stable supply of solar panels. Further, its agile approach to market opportunities adds on to the in-house controlled supply chain with third party products, completing the assortment of the group,” describes Koornstra.
The team members have an average of approximately 10years of experience in the solar field and have a global focus towards solar development. “Besides in-house capacity and knowledge, GiraSolar is firmly embedded in a network of suppliers in Europe, Asia and the USA, clients in the EU, USA and developing countries and research institutes in various countries, contributing to the success of the group and vice versa. With an innovative approach to problems, the GiraSolar team obtained a strong position throughout the production chain of solar industry, ranging from raw material supply to solar application solutions. With its background and setting GiraSolar is well positioned to profit from the growing demand for solar energy,” states Koornstra.
The Company is currently traded as (OTC.PK: LVCP) but is fully reporting for investor’s scrutiny at sec.gov
Featured Company Legend Investment Corp: (RES is compensated by Legend Investment Corp (LVCP) as disclosed in disclaimer below.)
RenewableEnergyStocks.com (RES), a portal within the InvestorIdeas.com content umbrella, offers investors research, news and links to public companies within the renewable energy sector. RES does not make recommendations, but offers a unique free information portal to research news, articles, interviews and a growing list of participating public companies in the renewable energy industry.
Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated for by its "featured companies." Legend Investment Corp.. (OTC.PK: LVCP) Three thousand five hundred dollars per month and two thousand equivalent in one forty-four shares.
For more information contact:
Dawn Van Zant 800.665.0411
Source: RenewableEnergyStocks.com; Legend Investment Corp.