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This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.
Worldwater Corp. Introduces Hybrid Solar Pump System -- Works With Existing Electrical Grid or Diesel Generators
ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.
Worldwater Corp. Introduces Hybrid Solar Pump System --
Works With Existing Electrical Grid or Diesel Generators
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Worldwater Corp. Introduces Hybrid Solar Pump System --
Works With Existing Electrical Grid or Diesel Generators
Breakthrough "AquaMax (TM)" Hybrid Can Operate Pumps up to 600 HP,
Operating Alone or in Combination With Other Generators --
Proprietary Power System to be Introduced at California's "World Ag
Feb. 12-14, World's Largest Agricultural Show
NEW JERSEY, PENNINGTON, Feb. 5 -/E-Wire/-- WorldWater Corp. (WWAT.OB OTC BB) today announced it will introduce its newly developed hybrid solar irrigation pumping system at California's "World Ag Expo" Feb. 12-14.
"This new hybrid, AquaMax (TM), is a true breakthrough in terms of both power and flexibility," said Quentin T. Kelly, Chairman and CEO of WorldWater, the international solar engineering and water management company based in New Jersey. "It will work alone or interchangeably with existing grid electricity or diesel generators and operate pumps up to 600 HP, contributing significantly to a farmer's bottom line by cutting electrical or fuel costs whenever the sun is shining, which also happens to be the peak cost period for grid users," he said.
"The 'Max will be extremely useful for farmers and ranchers anywhere, of course, but we're introducing it in California because of the high energy costs there and the resultant efforts by the State to encourage renewable power usage by rebates and tax incentives, hoping to reduce demand on the grid," Mr. Kelly added.
The system's newly patented AquaDrive (TM) controller makes it possible for the first time for solar technology to run powerful off-the-shelf AC pumps, capable of driving large irrigation pivots or drip irrigation systems, according to the Company's Executive Vice President, Dr. Anand Rangarajan. "Other solar pumps are generally limited to 5 HP, so this is a major technological advance," he declared.
"The hybrid system also ensures that the daily water requirement for irrigation, or municipal water supply, for that matter, is supplied irrespective of the weather conditions, even when there is a low level of sunshine during winter or rainy seasons," Dr. Rangarajan stated.
The AquaDrive (TM) controller converts solar DC current to AC, then supplies the AC power to the pump from either the solar array or the grid or diesel generator or simultaneously from both sources, he said. Because of its power, the AquaMax (TM) system could supply over 50% of many farmers or ranchers' annual needs by solar alone. The hybrid operation is programmed and completely automatic, he said, and thus manual intervention is not required to switch from one power source to the other.
This document may contain Statements which constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Act Of 1995. "Forward-looking statements" include any statement which is not of purely historical fact, such as statement concerning plans, objectives, goals, strategies and future events and underlying assumptions thereof. Such forward-looking statements involve known and unknown risks, uncertainties expressed or implied by such forward-looking statements to be materially different from those projected. Such factors include, among other, general economic and business conditions which may impact demand for the Company's solar generated pumps and electricity; changes in tax laws and regulations; the ability of the company to implement its marketing strategy and to expand its business in the worldwide market; the ability of the Company to build its production facility up to the level of efficiency and output of its planned production; and changes in laws and government regulations applicable to the company, including laws in foreign nations.
http://www.worldwater.com
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