Catalyst Corner is pleased to announce a new Featured Company: XZERES Corp. (OTCQB: XPWR)
XZERES Corp. (OTCQB: XPWR) is a designer, developer, and marketer of distributed generation, wind power systems for the small wind (2.5kW-100kW) market as well as power management solutions. The systems are utilized for electrical power generation for applications and markets such as residential, agricultural, small business, rural electric utility systems, as well as other corporate infrastructure and government applications.
XZERES sees market opportunity in the growth of distributed wind products. Distributed wind as opposed to centralized utility scale generation is wind energy that is used wholly or partially at the site where the equipment is deployed and the energy is generated.
Distributed wind is growing worldwide at an annual rate of approximately 35% requires no infrastructure or transmission upgrades since the power that is generated is used primarily on-site. As a result, several U.S. states now provide long term incentives for small wind that add to its economic appeal, while Feed-In Tariffs, which allow for the sale of excess electricity, are stimulating strong demand in areas like the UK, Europe and Asia.
XZERES recently completed a $6.5 million dollar credit facility. XZERES seeks to achieve its goals and dramatically improve delivery times, order flow with vendors, and build out of finished units to react quickly to the growing demand for XZERES products.
A video featuring CEO Frank Greco can be found at www.catalystcorner.com
Further information can be found in the XZERES investor presentation on the XZERES website www.xzeres.com or via the XZERES newsletter