TEL AVIV, Israel, February 3, 2015 /PRNewswire/ --
Blackbird International Corporation (OTC: BBRD), a global leader in renewable sea wave energy technology, is pleased to announce that a partnership agreement has been signed with ACEP, The Africa Center for Energy Policy, with the goal of erecting a sea wave energy power plant to supplement the region's energy needs.
WERPO signed a JV agreement with ACEP, The Africa Center for Energy Policy in Ghana. Shmuel Ovadia, director at WERPO and inventor of its proprietary sea wave energy technology, stated that "This partnership agreement is a great step towards implementing WERPO's unique sea wave energy in Ghana, where I believe there's potential for tens of millions of dollars of revenues from the erection and sale of sea wave power plants."
WERPO and ACEP will work to form a local JV in Ghana, under which they plan to erect a sea wave energy power station. While ACEP shall work to attain all necessary authorizations and liaise with the state on all matters regarding the future project, WERPO will provide its renewable and profitable sea wave energy technology.
In addition to providing a new power source to a region suffering from a severe energy crisis, the erection of a sea wave power plant in Ghana will assist in stimulating the local economy through job creation and by introducing a new renewable energy sector utilizing sea waves.
WERPO has been in contact with Mr. John Peter Amewu, Director of Research and Evidence at ACEP, for quite some time and it is evident that both WERPO and ACEP have the same goal of utilizing Ghana's untapped resource of sea waves in the best possible manner by introducing WERPO's system in the region.
About ACEP:
The Africa Centre for Energy Policy, established in 2010, is registered in Ghana. ACEP is an African energy policy think tank, an advisory based organization working with partners around the world and especially in Africa to harness the potential of Africa's vast energy resources (oil, gas and renewable) for the accelerated development of the Continent.
ACEP's goal is to become a centre of excellence in energy policy analysis, training and advocacy on the best use of Africa's energy resources for equitable and sustainable development.
About WERPO sea wave energy technology (BBRD):
WERPO, having received the rights for all of SDE Ltd's technology, property, know-how, IP (patents, et al), contracts and subsidiaries, is able to promote its sea wave energy solution around the world while being publicly traded under the stock name BBRD.
WERPO's unique technology is based on the utilization of sea waves' rise and fall to yield hydraulic pressure that produces electricity, while exploiting the full potential of wave speed, height, depth and currents beneath the surface of the water. This technology was chosen as number one in its field by an independent team of scientists from PesWiki and also as one of the top 100 renewable energies.
After having perfected the system, in the 11 models built and operated in Jaffa port, Israel and in China, WERPO has the capability to implement its technology on a commercial scale.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
For further information please contact:
Maximum Performance Advisors, Inc.
+1-858-381-4677
shareholders@werpo.us
