Alternative Energy Has Robust Inflow of Funds with Wind Energy is the Fastest Growing

It's become cliché to say that North Americans are addicted to oil. It's an expensive habit, too. The upshot, however, has been the explosion of interest in renewable energy sources. Last year, investors poured a record $71 billion into the alternative energy space. And billions more funnel in every day.

Even better, in the next five years, the governments in the United States, China and Europe will invest a minimum of $150 billion into the same alternative, according to CLSA Research.

However, a MASSIVE market opportunity exists for the wind power segment of the alternative energy segment.

Wind power is now the world's fastest growing source of power generation and North America is one of the fastest growing and most prolific wind power markets.   Uncertainty over fossil fuel supplies and prices and the desire for carbon-free sources of power generation have combined to drive this robust growth. As an experienced developer, GreenWing is a well positioned leader in developing renewable energy to meet the North American demand.

In 2008, about 42% of all the wind generating capacity added in the world was installed in the U.S.  Along with the significant contribution to the electricity supply, 35,000 jobs were created in operations, construction and manufacturing.

The renewable energy measures in President Obama’s stimulus bill will help sustain that momentum and will encourage additional clean energy investment and job creation.  Further renewable energy direction is expected to be established by the Obama Administration in a new Energy Policy in 2009.

#2.  Targeting at least 400 megawatts

Currently Wind Works Power’s portfolio consists of 30 megawatts and over the next years the company is targeting to increase its project portfolio size to 400 megawatts. This is huge for a start up company and moreover the has targeted the most beneficial location for its project.

#3.  Inorganic Growth

Wind Works Power has been focusing on synergetic acquisition and recently it has signed an agreement to acquire a 70% interest in the Skyway 126 Wind Energy Inc. project in Ontario in exchange for two million restricted shares of Wind Works' common stock. As the company doesn’t have any revenue yet, it is noticeable that the company has been able to expand its business portfolio through issuing equity stocks which will help the company in development of its business from small base.

#4.  Favorable Located Property Portfolio

Recently Wind Works Power has signed an agreement to acquire a 70% interest in the Skyway 126 Wind Energy Inc. project in Ontario.  The project is located in Grey-Highlands Township, Ontario on the north east side of the Garafraxa Plateau, the highest land mass in Ontario. Wind resources at this location are the best inland results tested by the company on the Plateau out of 5 affiliated sites in the region. Annual mean wind speeds are measured at over 7.0 meters per second at an 80 meter hub hWeight.

#5.  Joint Venture Agreement and Option Agreement with Zero Emission People LLC A Key Driver

Wind Works Power Corp it has signed two agreements with Zero Emission People LLC.  The first is a Joint Venture Agreement relating to two wind energy projects totaling 20 megawatts located in Ontario, Canada.  The second is an Option Agreement whereby Wind Works has the right to acquire up to a 100% interest in an additional 400 megawatts of wind energy projects over the next 12 months.