RenewableEnergyStocks.com - New Featured Renewable Energy Company Legend Investment Corp, Focused on the Acquisition and Development of Solar Energy Companies
Legend Investment Corp is building its presence in the solar arena
through its upcoming purchase of 51% in GiraSolar B.V.
POINT ROBERTS, Wash., February 13th, 2006 -
www.RenewableEnergyStocks.com (RES), a leading
investor and industry portal for the renewable energy
sector, introduces new featured company Legend Investment
Corp. (OTC.PK: LVCP), a holding company dedicated to the
acquisition and development of solar energy companies.
Legend Investment Corp is building its presence in the
solar arena through its upcoming purchase of 51% in
GiraSolar B.V., which the Company expects will create
significant value for their shareholders in the months ahead.
The GiraSolar group is an umbrella organization for
subsidiaries, partners and affiliated entities active
in the field of solar energy product development,
production and application with $12,000,000 USD generated
in revenue last fiscal year.
Legend Investment Corp., which entered the solar arena
in 2005, is purchasing GiraSolar under a binding letter
of intent. This purchase will enable Legend to take
advantage of the growing opportunities in the renewable
energy arena, as the nation looks to reduce its
dependence on foreign oil. The worldwide solar market
has experienced an average annual growth of >40% over
the past five years with expectations that this
double digit pattern will continue for several
years to come. According to Clean Edge research,
the market for Solar Photovoltaics (PV) will reach
$39.2 billion by 2014 growing from $7.2 billion in 2004.
Renewable Energy (RE) is by now an accepted part of the
energy economy with PhotoVoltaic (PV) solar energy looked
upon as one of the RE sources with the highest potential
of fulfilling the world’s energy needs. In the near
future, especially when Hydrogen will make up a large
part of the fuel supply -- replacing part of
conventional fuels like natural gas and liquid fuels
-- PV solar is expected to be one of the major power
sources for producing hydrogen.
Wieland Koornstra, CEO of GiraSolar is leveraging these
growing solar opportunities. “GiraSolar has developed a
strong strategy, based on vision and ambitions, already
proven by its successful growth. Through chain control,
the group secured supply of various half-fabricates,
like silicon, wafers, solar cells, which lead to a
stable supply of solar panels. Further, its agile
approach to market opportunities adds on to the
in-house controlled supply chain with third party
products, completing the assortment of the group,
” describes Koornstra.
The team members have an average of approximately 10 years
of experience in the solar field and have a global focus
towards solar development. “Besides in-house capacity and
knowledge, GiraSolar is firmly embedded in a network of
suppliers in Europe, Asia and the USA, clients in the
EU, USA and developing countries and research institutes
in various countries, contributing to the success of
the group and vice versa. With an innovative approach
to problems, the GiraSolar team obtained a strong
position throughout the production chain of solar
industry, ranging from raw material supply to solar
application solutions. With its background and
setting GiraSolar is well positioned to profit
from the growing demand for solar energy,” states
Koornstra.
The Company is currently traded as (OTC.PK: LVCP) but is
fully reporting for investor’s scrutiny at www.sec.gov
For more information on Legend Investment or GiraSolar,
click here
Featured Company Legend Investment Corp: (RES is compensated
by Legend Investment Corp (LVCP) as disclosed in disclaimer below.)
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Legend Investment Corp.. (OTC.PK: LVCP) Three thousand
five hundred dollars per month and two thousand
equivalent in one forty-four shares.
For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
Web Site: www.InvestorIdeas.com
Source: RenewableEnergyStocks.com; Legend Investment Corp
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