In the company’s news yesterday,
Helix Wind, Corp. announced that it has entered a joint development agreement with CheckPoint Process Pumps & Systems to provide renewable energy solutions for the global oil and gas production industry. According to the terms of the agreement, these solutions will be distributed, installed and maintained by CheckPoint, and address the large and growing demand within the oil and gas industry for sustainable, clean energy at remote wellhead locations. The parties anticipate the deployment of a unique, cost-effective solution within the current calendar year.
Helix Wind CEO Ian Gardner stated, “This strategic development agreement with CheckPoint illustrates Helix’s commitment to addressing solution-based small wind needs around the world. We are excited to provide a new, economically attractive way for petroleum producers to reduce their carbon footprint, and are pleased to play a major role in the development of a much needed renewable energy platform for the oil and gas industry.”
CheckPoint CEO Andy Elliott commented, “Integrating the Helix Wind turbine into a novel, co-developed energy storage and pumping solution will deliver a very attractive value proposition for our customers worldwide. Oil and gas producers are highly motivated to adopt renewable energy solutions and have been implementing stringent policies to progressively reduce their impact on the environment.”
He added, “A turnkey, wind-powered system for many thousands of remote field locations offers greater reliability and safety over traditional systems, including even the newest solar-powered ones, reduces maintenance overhead, and enables field locations to reduce or eliminate emissions at latitudes where solar solutions cannot be economically justified. It’s a unique win/win for our customers and for the environment.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
