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Posted on 28 May 2012.
Outstanding Shares: 173.8M
Green Energy Solution Industries Inc. (GESI) is a 2007 incorporated company that focuses on the development and conversion of wood waste into energy projects for Western Canada, specifically in Alberta, Canada.
GESI’s energy conversion, for the creation of biofuel and electricity, will come from the abundant source of waste railway ties (WRT) due to the continuing replacement of ties by servicers and railroads. Every day, GESI will convert 200 tons of feedstock (railway ties) that will produce a 10 megawatt power supply and generate annual revenues ranging from $5.8-$8.1 million.
With this goal in mind, GESI was awarded a grant by a global energy leader, Alberta Energy, whose mission is to seek alternative and renewable energy sources for the province of Alberta. Through this grant, GESI was able to develop a feasibility study that identified and secured a long term supply of WRT but most importantly, GESI was able to develop business plans, agreements and contracts with various resource providers, waste sources, land owners, technology providers, and government entities for GESI’s renewable energy project.
Canadian Pacific Railway and Canadian National Railway are the two principal railroads in Canada who, combined, replace an approximate 3.5 million of rail ties; GESI recently met with Canadian Pacific to discuss the securement of more feedstock and further expand GESI’s existing relationships in the railway industry.
GESI is focused on reducing the dependency on depleting fossil fuels by creating an alternative method of renewable energy; GESI’s feedstock will not be limited to railway ties, but will also utilize creosote treated poles and lumber and bridge timbers.
GESI looks so nice, it could make PROFIT without sacrife!
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