FOR IMMEDIATE RELEASE
Contact:Ron Henley, RWH Advisors
New Power Partners Using CO2bit Coins to Develop 200MW solar project in Georgia
CO2bit coins being used to bolster investment in solar projects
San Jose, CA, June29, 2018 New Power Partners, LLC (“NPP”) previously acquired 2 Million CO2bit coins from CO2Energy Org.and are now using that currency for the development of 200MW of solar power production assets in the Eurasian country of Georgia.
“We are excited about CO2bit coin’s ability to open up new vistas for the funding of renewable energy projects” said Michael Lamb, CEO of New Power Partners. “This crypto-currency based finance vehicle offers leverage in an environment where we are seeing the contraction of incentives for renewable power projects. With this acquisition we will be able to participate in building and initializing 200MW of new solar power projects.”
to work with New Power Partners to deploy the CO2bit coin to enhance the value proposition for investment in renewable energy” stated Ron Wilkins, Chairman of CO2EnergyOrg.. “This is a great opportunity for us to leverage the value of the CO2bit coin as we work to deliver on our mission to create positive global climate impact. We look forward to a strong partnership with a seasoned group of renewable energy investment professionals.”