Access Energy, Inc., signs MOU with Pianeta

June 29, 2007

Access Energy, Inc., has signed a Memorandum of Understanding with Pianeta - an innovative alternative-energy technology provider to deliver a variety of solar technology for use in Access Energy's energy development projects. Pianeta is backed by a strong track record in delivering innovative alternative-energy solutions and is considered one of the European leaders in distributed renewable energy systems. According to the Memorandum of Understanding, Access Energy and Pianeta will collaborate in the following:

  • the installation of solar-powered water pumping systems to provide irrigation water cleanly and efficiently to remote parts of Pakistan
  • and the installation of solar-energy systems to provide electricity to rural villages in parts of Pakistan.

The majority of the population there live in villages without any electricity. Fortunately, the government has passed legislation to ease the process that would bring electricity to these same villages. However, these villages are not located in close proximity to the national grid to be connected via traditional methods at a cost effective price. Therefore, Access Energy in partnership with Pianeta, will provide electricity to these villages in a clean, efficient and economical way via solar photovoltaic panels.

These systems will improve the market economies, improve the standard of living, and enhance the agricultural sectors of these areas. This is a socially responsible strategy which follows both company's respective mission statements and humanitarian efforts as well.

Access Energy, Inc. (AE) is a multi-dimensional company dedicated to the implementation of clean, renewable energy solutions around the world. We have a network of domestic and international partners trained and experienced in renewable energy project development. Access Energy can provide complete cost-effective energy solutions; from preliminary site exploration, productivity assessments, and project design, to manufacture, installation, maintenance, and support - including training, of the project's infrastructure.

Access Energy, Inc. was formed in 2003 as a subsidiary of Access Group International, which provides financing for renewable energy projects. Today, Access Energy is involved in numerous energy projects around the world and continues to remain at the forefront of the renewable energy industry providing equipment, services, and financing throughout the development process of the project.