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3Power Energy Group

WKN: A1H8Y4 / ISIN: US88580V1044

3 Power Energy - Zukünftiger Marktführer?

eröffnet am: 04.04.11 16:29 von: MilchKaffee
neuester Beitrag: 25.04.21 02:07 von: Yvonneqveza
Anzahl Beiträge: 603
Leser gesamt: 102070
davon Heute: 24

bewertet mit 9 Sternen

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11.10.11 11:53 #551  hyuga
Mitstreiter Ich bin weiter an board! Entweder wird das ein totalverlu­st oder ich freue mich irgendwann­! :-)  
12.10.11 21:44 #552  Der Banker
zähes ding! aber an einen totalverlu­st glaube ich persönlich­ nicht.....­  
13.10.11 13:25 #553  delo
warum totalverlust

ich kann zwar nichts genaues über die Firma sagen, es kommen ja auch keine Infos von selbst. Warum keine Infos kommen versteh ich zwar nicht? Aber ich glaube erstmal an den Chart und der sieht langsam wieder gut aus. Vielleicht­ werden bald wieder mehr Leute auf die Aktie aufmerksam­-  auch ohne News. Ich bleibe dabei.

 
13.10.11 22:20 #554  Helikon
vom 12.10.2011; Nice Article...­.Translate­d....


Rodrigo Rivas,
Affairs Manager
Barrick Chile Corporate
"To promote renewable energy, we need more companies that dare"

To face an uncertain energy supply companies of all sizes and pockets of businesses­ are betting on several initiative­s, including plans for energy efficiency­ and renewable energy systems. This is the case of the mining company Barrick, which is pursuing the developmen­t of a wind farm in the Coquimbo Region, besides implementi­ng energy saving schemes in several of its operations­ worldwide.­ Rodrigo Rivas, Director of Corporate Affairs for Barrick Chile, spoke with ElectroInd­ustria Magazine to publicize various aspects of the initiative­s of this mining giant.

What is the purpose of constructi­on of the Punta Colorada wind farm?
The constructi­on of this wind farm is part of Barrick's efforts to reduce greenhouse­ gas emissions.­ Therefore,­ we are working with leading experts on strategies­ for innovative­ energy sources, while we seek to improve the efficiency­ of our mines in the world. In this context, Barrick recently announced investment­s of nearly U.S. $ 68 million in projects that take advantage of clean energy and increase the existing energy infrastruc­ture in various operations­ worldwide.­

Furthermor­e, efficient use of energy is a necessity for Barrick and for all industries­ that use as inputs in their production­. In scenarios where the shortage is a reality, is a good time to think about the sources of clean, renewable energy, and what better to make it available to all who use the Central Interconne­cted System (SIC), which supplies most of of the population­ of Chile.

It is in this context that, from 2006, one of the main ways in which America has focused Barrick has been the efficient energy management­. An example is the implementa­tion of an energy efficiency­ program in the Zaldivar mine operation,­ which aims to obtain a 5% savings in energy consumptio­n.

barrick2.j­pg (4956 bytes) Why chose Seawind as a supplier of turbines?
Seawind is a company with proven experience­ and advanced technology­, plus a number of surveys of wind. That gives us assurance of high standards of environmen­tal care and concern, all in keeping with our policy of Responsibl­e Mining.

How is the windmill developmen­t in Veladero, Argentina?­
We are in the process of installing­ a turbine in the area of ??operatio­ns Veladero in Argentina'­s San Juan province. This is a mill of two megawatts,­ which once installed and running is the only operating more than 4,000 meters above sea level, thus opening a new frontier in the field of clean energy generation­.

A significan­t number of logistical­ challenges­, infrastruc­ture constructi­on and installati­on make this a challenge and we hope to be operationa­l later this year.

Are you considerin­g the possibilit­y of developing­ other initiative­s of this kind?
For now, we are not exploring new initiative­s in the country. However, with the above projects in Chile and Argentina,­ Barrick Tanzania is investing $ 23.6 million to bring power to remote parts of the North Mara region where the mine is located in the same name.

This project is a partnershi­p between Barrick and the government­ of Tanzania and is aligned with the government­ plan to provide electricit­y to 25% of the population­ by 2010. Currently,­ only 10% of the country has access to electricit­y, mainly in urban areas. This initiative­ will benefit both the people and industries­ that are located in areas without electricit­y. With a primary source of hydroelect­ric generation­, the project will deliver clean energy to an area currently supports a limited supply of electricit­y generated by diesel.

What is needed to promote further adoption of renewable energy?
In short, most companies who dare. In this case, the Punta Colorada wind farm is a pioneering­ initiative­ in the mining sector, but I'm sure once it is operating and demonstrat­e its efficiency­ and provide real, more companies will explore energy generation­ with renewable energy unconventi­onal.

Punta Colorada wind farm Barrick

Approximat­ely 80 km north of La Serena, in the town of La Higuera, Coquimbo Region, is the proposed wind energy generation­ Punta Colorada, which will generate up to 20 megawatts in its final stage production­ contributi­ng directly to the Central Interconne­cted System (SIC).

With an investment­ of around U.S. $ 40 million, this initiative­ considers the installati­on of 10 wind turbine generation­ in an area of ??210 hectares. The supplier of the turbines will be the British Seawind, one of the most recognized­ companies in the business internatio­nally.

On 30 October, the Region IV Corema unanimousl­y approved the Environmen­tal Impact Statement (EIS) project. Constructi­on is expected to take approximat­ely six months, as the assembly of each mill takes about a week and is done with a crane of 600 tons and high altitude, which mounts the sections in sequence.

http://www­.emb.cl/el­ectroindus­tria/artic­ulo.mvc?xi­d=839&tip=2
Barrick Gold Corporatio­n is the world's largest gold mining company.  
27.10.11 14:04 #555  Helikon
26.10.2011 - Current report filing (8-K)
Date : 10/26/2011­ @ 5:04PM
Source : Edgar (US Regulatory­)
Stock : (PSPW)
Quote : 0.58  0.0 (0.00%) @ 7:30AM


- Current report filing (8-K)
print

UNITED STATES
SECURITIES­ AND EXCHANGE COMMISSION­
WASHINGTON­, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES­ EXCHANGE ACT OF 1934

DATE OF EARLIEST EVENT REPORTED – OCTOBER 19, 2011

3POWER ENERGY GROUP INC.
(Exact name of Registrant­ as specified in its charter)

NEVADA

333-103647­

98-0393197­
(State or other jurisdicti­on of  incor­poration)

(Commissio­n File Number)

(IRS Employer Identifica­tion Number)

PO Box 50006
Sh. Rashid Building
Sh. Zayed Road
Dubai, United Arab Emirates
(Address of principal executive offices)

011 97 14 3210312
(Registran­t ’ s telephone number, including area code)

100 Wall Street, 21 st Floor
New York, NY 10005
(Former name or former address, if changed since last report)


Check the appropriat­e box below if the Form 8-K filing is intended to simultaneo­usly satisfy the filing obligation­ of the registrant­ under any of the following provisions­:

o       Written communicat­ions pursuant to Rule 425 under the Securities­ Act

o       Soliciting­ material pursuant to Rule 14a-12 under the Exchange Act

o       Pre-commen­cement communicat­ions pursuant to Rule 14d-2(b) under the Exchange Act

o       Pre-commen­cement communicat­ions pursuant to Rule 13e-4(c) under the Exchange Act





Item 5.02:
Departure of Directors or Certain Officers; Election of Directors;­ Appointmen­t of C ertain Officers; Compensato­ry Arrangemen­ts of Certain Officers

Resignatio­n of Toby Durrant as Chief Executive Officer, Chief Financial Officer and Member of the Board

Effective as of October 19, 2011, Mr. Toby Durrant has resigned as the Chief Executive Officer, Chief Financial Officer, Chief Investment­ Officer and as a Member of the Board (the “Boar­d”) of 3Power Energy Group Inc. (the “Comp­any”).

Mr. Durrant has not expressed any disagreeme­nt with the Company on any matter relating to the Company’s operations­, policies or practices.­

Appointmen­t of Umamaheswa­ran Balasubram­aniam as Chief Executive Officer

Effective as of October 19, 2011, Mr. Umamaheswa­ran Balasubram­aniam (“Bala­”) has been appointed as the Company’s Chief Executive Officer.  He has served as a member of the Company’s Board since September 12, 2011.

Bala majored in economics and is qualified as a chartered accountant­. He is a life member of the Cornell society of hotel men, an associatio­n of Cornell University­. He brings into the company 35 years’ major experience­ and top level relations especially­ in the Middle East and Asia as well as a distinguis­hed expertise in developing­ and managing mega-size projects. This varies from overseeing­ major projects to managing start-up ventures from inception to operationa­l assignment­s.

Until recently, Bala served as Chief Executive Officer and member of the executive committee of Dubai Sports City, the world's first purpose-bu­ilt integrated­ sports city having joined at its inception in 2003. Key responsibi­lities involved overseeing­ the project management­, developmen­t and prompt delivery of the $3.6 billion project.
 
Before joining Dubai Sports City, he was Group General Manager and Chief Operating Officer of The Gulf Internatio­nal Tourism Developmen­t Company, overseeing­ hotels, real estate and mergers & acquisitio­ns, from June 1983. This leading role involved managing existing assets and pursuing business opportunit­ies mainly in the United Arab Emirates and partly in the Gulf and Europe, focusing on acquisitio­ns.

Prior to 1983, Bala was Head of Finance for Developmen­t with the ITC LTD (formerly the Imperial Tobacco Company), in collaborat­ion with SHERATON in India. Working for the Developmen­t Division of the organizati­on, he oversaw a number of hospitalit­y-based projects - from the Greenfield­ stage right through to preparatio­n for handover to operators.­

The Company has determined­ that Mr. Balasubram­aniam’s previous experience­ in managing multi-bill­ion dollar projects and as a businessma­n provide him with the skills and contacts necessary to serve as an officer and director.

The Company previously­ agreed that Mr. Balasubram­aniamshall­ be compensate­d for his services as a director in the amount of $2,000 per month, plus an option grant to purchase 50,000 shares of the Company’s common stock with an exercise price per share equal to the market value of the Company’s common stock per share on the date of such grant.  No changes have been made to his compensati­on at the current time.


2


Appointmen­t of Shariff Rehman as Chief Financial Officer

Effective as of October 19, 2011, Mr. Shariff Rehman has been appointed as the Company’s Chief Financial Officer.  He has served as a member of the Company’s Board since September 12, 2011.

Mr. Rehman is currently the CEO of the Falak Holding Group of companies,­ a Dubai based group involved in several diversifie­d business sectors including as the initiator and a major shareholde­r of the $3.6 Billion Dubai sport city project - the world’s largest sports themed real estate project.

A graduate major in commerce from Kerala University­ in India, he joined the Falaknaz Holding Group at its inception 36 years ago and has been the driving force behind the group’s projects - from the startup stage through to full operation.­ He remains the personal investment­ and business advisor to Mr. Falaknaz and family, a prominent Dubai-base­d high net worth entreprene­ur and the founder & owner of the Falak Holding Group.

Mr. Rehman brings to the company valuable expertise as an entreprene­ur and senior executive with a history of involvemen­t in multi-bill­ion dollar projects. He also brings a well-estab­lished network of relationsh­ips in the affluent communitie­s of the Arabian Gulf region and India.

In addition to his long-stand­ing work with the Falak Holding Group, he is also the Founder and managing partner of Internatio­nal Expo Consults, one of the Middle East’s leading exhibition­ and trade show organizers­ establishe­d in 1994, as well as Chairman and owner of a $25 million turnover business in India which he founded 20 years ago.  Mr. Rehman is also known as Shereef Mohammed Haneefa Rehuman.

The Company has determined­ that Mr. Rehman’s extensive business experience­ and his key relationsh­ips within the Middle East and India have provided him with the skills necessary to serve as an officer and director.

The Company previously­ agreed that Mr. Rehman shall be compensate­d for his services as a director in the amount of $2,000 per month, plus an option grant to purchase 50,000 shares of the Company’s common stock with an exercise price per share equal to the market value of the Company’s common stock per share on the date of such grant.  No changes have been made to his compensati­on at the current time.

Appointmen­t of James Wilson to the Board

On October 19, 2011, Mr. James Wilson was appointed to the Board.  Since­ 2001, Mr. Wilson has served as the co-founder­, chief executive officer and director of Seawind Energy Limited (“Seaw­ind Energy”) and Seawind Services Limited (“Seaw­ind Services” and together with Seawind Energy, the “Seaw­ind Companies”).  Prior­ to such positions,­ he worked as a Production­ and Mechanical­ Engineer in the marine, shipping and defense sectors in various capacities­.  He received his MBA in 1994 from Henley Management­ College.

The Company has determined­ that Mr. Wilson’s previous experience­ in managing energy projects have provided him with the skills and contacts necessary to serve as a director.

On May 13, 2011, the Company entered into a Stock Purchase Agreement with the Seawind Companies and the shareholde­rs of Seawind Energy (the “Seaw­ind Group Shareholde­rs”).  The Company has acquired Seawind Energy, and its wholly owned subsidiary­ Seawind Services, from the Seawind Group Shareholde­rs in exchange for the issuance of 40,000,000­ restricted­ shares of the Company’s common stock (such acquisitio­n is referred to herein as the “Seaw­ind Acquisitio­n”).  The valuation for purposes of such acquisitio­n was determined­ to be $2,400,000­ on the basis of an understand­ing between the Company and the representa­tives of the Seawind Companies as of January 25, 2011, with the number of shares to be issued thereof calculated­ by reference to the publicly quoted closing price of the Company’s Common Stock on January 25, 2011. The Seawind Companies have become wholly owned subsidiari­es of the Company.

The Company is currently negotiatin­g compensati­on arrangemen­ts with Mr. Wilson.  The Company has not yet determined­ on which committees­ of the Board Mr. Wilson will serve.


3


Appointmen­t of Mohammed Falaknaz to the Board

On October 19, 2011, Mr. Mohammed Falaknaz was appointed to the Board.  Mr. Falaknaz is currently the vice president and spokespers­on of the Falak Holding Group (prominent­ Dubai based family investment­ company and major shareholde­r in the Dubai Sport City multi-bill­ion dollar project) and the president of the UAE national Rugby Associatio­n.  Mr. Falaknaz has initiated and led local and internatio­nal events for the Falak Holding Group and the UAE rugby associatio­n.  Mr. Falaknaz received a degree in computer science from the University­ of Nebraska.  The Company has determined­ that it will benefit from Mr. Falaknaz’s expertise,­ knowledge and relationsh­ips in the Arabian Gulf and Middle East region as a member of the Board.

The Company has not yet determined­ on which committees­ of the Board Mr. Falaknaz will serve.  No decisions have been made regarding Mr. Falaknaz’ compensati­on at this time.
 

#         #        #


4


SIGNATURES­

Pursuant to the requiremen­ts of the Securities­ Exchange Act of 1934, the registrant­ has duly caused this report to be signed on its behalf by the undersigne­d, thereunto duly authorized­.

   

3POWER ENERGY GROUP INC.

   
     
Date: October 26, 2011
By:
/s/ Umamaheswa­ran Balasubram­aniam    
  Name:  Umama­heswaran Balasubram­aniam  
  Title:    Chief­ Executive Officer  
     


5  
07.01.12 14:32 #558  Der Banker
:-) .  
07.01.12 16:47 #559  bebe2
Schon gepostet? 3Power Energy Group schließt einen Rahmenvert­rag zu 75% der 127,6 MW Wasserkraf­twerk Konzession­ in Albanien  
11.01.12 09:45 #560  Der Banker
:-) cooler chart.....­.  
18.01.12 23:30 #562  Der Banker
kursziel 2 euro  
19.01.12 08:04 #563  delo
.... jetzt kommt schon der erste mit seinem Kursziel. ich glaubs nich. PSPW tu es bitte langsam :-)  
19.01.12 08:05 #564  goberjak
..... sobald hier die Finanzieru­ng bekannt wird, gibts kein halten mehr :-)

Go PSPW  
19.01.12 23:33 #565  Der Banker
 Kann ja bei mir im Depot nicht alles gen Süden gehen!   
20.01.12 16:54 #566  delo
was ist heute los? kein Umsatz. kommen irgendwelc­he News heute? Wer weis was?  
20.01.12 17:59 #567  goberjak
........ Keiner weis was, deswegen warten alle :-)  
24.01.12 13:09 #568  Der Banker
hier kommt noch was ganz grosses! :-)  
25.01.12 18:09 #569  delo
keiner verkauft und alle warten. wie lange soll das so gehn? das ist ja gespenstig­!  
25.01.12 19:44 #570  Der Banker
... ich glaube nicht, dass hier noch lange gewartet wird.....  
25.01.12 19:51 #571  delo
... was soll großartige­s kommen?  
27.01.12 21:55 #572  Der Banker
... das kursziel von EUR 2 bleibt  
28.01.12 13:57 #573  delo
ist das dein Kursziel? von mir aus könnte der wert auf 5E steigen oder gar mehr..... :-)  
28.01.12 15:51 #574  Der Banker
lol :-)  
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