Arrow Resources Development, Inc. (OTC: ARWD) has entered an agreement to purchase equipment with 7,100 Group Inc. 7,100 Group Inc. owns a master distribution concession for the sale of solar power equipment within United States, Indonesia, Philippines, South America and North Africa. Arrow Resources plans on installing solar energy equipment that is capable of producing a minimum of 500 MW and a maximum of 2,000 MW throughout Indonesia.
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The solar power site was chosen to coincide with the site of Arrow Resources Development, Inc. and PT. Tiga Daun Nusantara who have a large scale plantation/farming and ethanol plants within Indonesia. This site will provide energy for the Agriculture and Ethanol Project of Arrow and PT and also demonstrate the patented technology of the solar power.
About Arrow Resources Development, Inc.
Arrow Resources Development, Inc. develops and coordinates corporate operations, finance, sales and marketing activities along with the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI Company) is for the development of large scale plantation and farming operations in Indonesia. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, PT Tiga Daun (Indonesian company owned by Arrow Pacific) for the large scale plantation/farming and ethanol plants in Indonesia. Arrow's agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming including any and all sales of natural resources and derivative products.
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