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$COWI CarbonMeta Technologies (COWI) Subsidiary Wi

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Post# of 99241
(Total Views: 112)
Posted On: 03/01/2023 1:40:52 PM
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Posted By: louied91
$COWI CarbonMeta Technologies (COWI) Subsidiary Wins $6M Solar Power Project


https://www.accesswire.com/741444/carbonmeta-...er-project

CarbonMeta Green Building Materials subsidiary to Deliver Solar Panels and EarthCrete® Pavers

WOODINVILLE, WA / ACCESSWIRE / March 1, 2023 / CarbonMeta Technologies Inc. (OTC PINK:COWI) today announced that they have won a six million dollar contract to deliver solar panels and EarthCrete® pavers for a 14 megawatt solar power project in Silt, Colorado. As well, the company announced that it established a 51% owned joint venture subsidiary, CarbonMeta Green Building Materials, with Salvum Corporation to deliver over 24,000 solar panels and over 40,000 EarthCrete pavers that will be used for the solar power project.

"We are excited to be supplying solar panels and carbon-negative EarthCrete to Silt Energy Development LLC for this solar power project," said Lloyd Spencer, president and CEO of CarbonMeta. "Through this partnership, CarbonMeta Green Building Materials will accelerate the growth of its renewable and clean energy generation business."

The Silt Energy Development ground-mounted solar array will be made up of over 24,000 solar panels and will generate 14,000 kWh of clean, over 22 gigawatts annually, renewable energy each year - enough to cover the annual electricity usage of over 10,000 homes.

Through a Commercial Solar Installation Agreement, Silt Energy Development LLC will procure the CarbonMeta Solar™ panels and EarthCrete Pavers, along with a smart battery storage system. Silt Energy Development LLC will operate and maintain the system to achieve a low, fixed rate for electricity as well as budget certainty by mitigating utility rate increases for decades to come.

"We believe that the Silt Energy Development project can deliver clean, reliable and affordable energy in Colorado," said Robert Switzer, Manager of Silt Energy Development LLC. "We are pleased to be working with CarbonMeta Green Materials to help us source solar panels and other green construction materials to help Astera meet its cost objectives."

It is anticipated that construction will begin in May 2023, and the Silt Energy Development solar power project is projected to become operational in the 4th quarter of 2023.


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