WWPW - Wind Works Power Corp

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Wind Works Aims to be Leader in Global Wind Energy Industry



According to CEO and President, Mr. Stuckmann, Wind Works aims to be a leader in global wind energy, an industry he estimates will attract $500 billion in investments over the next decade.

"We have a three-phase approach to start with, starting with a relatively quick project in Germany, highly predictable Ontario projects and a third phase of large projects in the United States," he said by telephone from Germany.

"We've done this before, now we just want to do it with a bigger cash backing," said Stuckmann, who over the past decade developed some 1,500 MW worth of wind power in U.S. and European markets, which he sold for about $3 Billion.

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WWPW's "Dream Team"Management Group...this is a Must Read


Let's face it.

I've seen countless resume's of management teams... of all sorts of companies...operating within all types of industries...for many years. And I have to admit that on paper WWPW's management team reads like its tremendously qualified.

Below is a snapshot of the highly qualified professionals that make up most of the Board...and I'm not going to dress a pig in a hat and bow to pretty things up.

Because I don't have to.

You see, virtually everything you're about to read regarding the accomplished professionals that make up the management team is in reference to their specific experience within the Wind Energy Segment . So, I promise that I won't be wasting your time with fluff.

It's really that impressive!

So here's the "Cliff Notes" verion...although you should consider reading the full bio's and please visit their corporate website by going here: http://www.windworkspower.com/corp.html




CEO, President and Director: Ingo Stuckmann, Ph.D.
In 2002, Ingo joined Energy Farming International, a wind farm financing and construction company based in Germany. During his management, 230 MW of wind farm projects were successfully developed in Spain and 329 MW were successfully developed in the US. Energy Farming International merged with Seeba Energy Farming Group in 2007, and Ingo now serves as a Principal of the merged entity. With currently more than 80 employees, SeeBa Energy Farming Group www.seebaenergyfarming.de is involved in the planning and developing of more than 900 wind turbines with an accumulated capacity of more than 1300 MW around the world. Approximately 30% of these wind turbines are mounted on SeeBa-lattice towers, the majority with hub-heights of more than 100m. In 2008, Ingo co-founded Zero Emission People LLC for wind energy development in North America.



Chairman of the Board of Directors: J.C. Pennie
Mr. Pennie is a pioneer in the wind energy industry in Ontario, Canada. He has successfully developed six wind energy projects representing $360 million in power contracts that have been sold into joint ventures with international firms such as Energy Faming International of Germany and Schneider Power of Toronto. Mr. Pennie is on the IESO (Independent Electrical System Operators) renewable energy standing committee. The IESO is responsible for coordination of generation and transmission with electricity demand.



Director: Thomas Tschiesche, Ph.D.
Thomas served over 5 years as general manager at Nordex, one of the world's leading wind turbine manufacturers. Over 100 wind farm projects were realized under his management - in locales as varied as Pennsylvania, California, Germany, Spain, Greece, Turkey, Egypt, and China with Nordex annually doubling its turnover year after year culminating in the IPO in 2001. In 2002 serving as its CEO, Thomas co-founded Energy Farming International, a company for wind farm financing and construction that grew to $100 Million USD in revenue over six years. Energy Farming International merged with Seeba Energy Farming Group in 2007 where he also serves as a Principal of the merged entity. In 2008, Thomas co-founded Zero Emission People LLC for wind energy development in North America.



Chief Financial Officer: Cam Birge
Mr. Birge served on the Advisory Board and as Vice President of Operations of the Trust for Sustainable Development which has been engaged in the business of planning and creating sustainable buildings and towns involving alternative energy since 1994.

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John Pennie, chairman of Wind Works Power, said in a separate interview that the new company will vary its strategy according to country and project. He said the new company could either enter partnerships, sell assets while retaining a 10 or 20 percent carried interest, or raise capital by issuing stock.


Once listed in Toronto, the company will go head to head with Canadian Hydro Developers (KHD.TO) which last month agreed to acquire the rights to a 4,400 MW offshore wind prospect in Ontario from Wasatch Wind, Inc., a private U.S.- based renewable energy company.

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Keep Wind Works Power Corp (OTCBB: WWPW) locked on your trading telescope!

The stock looks to have returned to its upwad trend and any momentum kick could cause a SPIKE in share prices!

And based upon the key milestones already achieved combined with management's accomplished resumes, let me repeat that I expect WWPW to do big things

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Wind Works Power Corp (OTCBB: WWPW) has seen its volume decrease with minimal parallel decrease...hence, and solid buying pressure could certainly lift the stock


Hence, once buying pressure re-enters the stock I expect that it could move to higher levels.

WWPW is looking technically very strong and has been moving smoothly towards its 52-week highs with high volumes.

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It’s also nice to see how fast this is the industry of wind energy is ramping up. The US has installed 31,000 MW of wind in the last ten years, which is equivalent to about 10 GW of baseload power. That’s 8 nuclear reactors the size of Seabrook, but built in a fraction of the time.

The current build rate of about 8 GW/year is about 2 nuclear reactors a year, and it’s increasing at 50%/year.

So, Wind Energy is certainly a highly popular Industry and I expect investors to consider WWPW as an aggressive player in it's pursuit of generating high amounts of MegaWatts of clean power.

[AllPlacesHot]

You are definitely not talking to yourself here. I am looking for the long ones and this one is a good pick. Clean energy is going to be around from now on and it is just starting to catch on in at a large scale.

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This needs to drop so I can get in

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News from Reuters

Canada's wind power company to acquire U.S. developer

28/10/09

By Pav Jordan

TORONTO (Reuters) - Canada's Wind Works Power Corp said on Wednesday it agreed to acquire Zero Emission People LLC, a closely held U.S. company, in an all-equity transaction giving it the rights to develop wind power projects with a capacity of more than 400 MW.

Wind Works intends to form a new company with the assets, Chief Executive Ingo Stuckmann said an interview. It will need some $20 million to prepare the projects for construction.

The value of the deal was not disclosed by Wind Works.

It will cost another $1.2 billion to build more than 10 projects in Europe, Canada and the United States, each producing anywhere from 10 MW to 200 MW, although the company may sell projects before the construction stage begins.

Stuckmann said Wind Works aims to be a leader in global wind energy, an industry he estimates will attract $500 billion in investments over the next decade.

"We have a three-phase approach to start with, starting with a relatively quick project in Germany, highly predictable Ontario projects and a third phase of large projects in the United States," he said by telephone from Germany.

To do that the company needs to raise cash quickly, and Stuckmann said investor appetite has proven healthy so far.

"We want to raise the first $10 million in the next 12 months," said Stuckmann, adding that the new company would raise initial cash through a private placement and on stock markets. It is listed on an over-the-counter basis in the United States and Frankfurt.

"We'll then increase probably to $50 million in the mid-term," he told Reuters in an interview.

TORONTO, NEW YORK

Stuckmann said the company planned to list in Toronto within three to six months and predicted a New York listing within a year.

Wind Power is one of the world's fastest-growing energy sources and industry players say the market will quadruple in size in the next 10 years, driven in part by new green energy policies around the world.

Canada's wind energy sector aims to supply 20 percent of the country's electricity by 2025, from less than 1 percent these days.

The plan in the United States is even more ambitious, with wind energy seen supplying 20 percent of electricity by 2020.

Setting up a wind farm is not as straightforward as putting up giant wind turbines. It requires large swathes of land -- on average 100 acres per turbine -- with adequate and relatively constant wind speeds and which are close to consumers and an authority that is prepared to enter long-term power agreements.

It also requires capital -- some $3 million for each MW of energy capacity produced.

"We've done this before, now we just want to do it with a bigger cash backing," said Stuckmann, who over the past decade developed some 1,500 MW worth of wind power in U.S. and European markets, which he sold for about $3 billion.

John Pennie, chairman of Wind Works Power, said in a separate interview that the new company will vary its strategy according to country and project.

He said the new company could either enter partnerships, sell assets while retaining a 10 or 20 percent carried interest, or raise capital by issuing stock.

Once listed in Toronto, the company will go head to head with Canadian Hydro Developers , which last month agreed to acquire the rights to a 4,400 MW offshore wind prospect in Ontario from Wasatch Wind, Inc., a private U.S.- based renewable energy company.

($1=$1.07 Canadian)

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Huge amt of projects they have:

http://www.windworkspower.com/projects.html