NEWS

EP Global Energy Ltd (EPGE), the Energy Ventures development company, a member of the Paraskevaides Group of companies based in Cyprus, and, Powercorp, the Australian Power solutions Company based in Darwin, NT have entered into a joint venture to develop, build, and operate strategic sustainable power generation sites around the world.

Chairman and CEO of EPGE, Mr Efthyvoulos Paraskevaides, said: “Powercorp technology and their achievements in stand-alone systems, particularly wind-diesel, are impressive and a valuable addition to our Projects.  Powercorp will play a key role in fast tracking these projects through the engineering design and build stages.  Their power management solutions and stand-alone designs will add flexibility and efficiency to sustainable power around the world”.

Powercorp Managing Director, Alan Langworthy, said:  “Powecorp solutions, in particular PowerStore,  use the most innovative technology available in the world to solve a real problem in power management particularly in the wind power sector.  We are proud to say that our solutions and expertise are developed and built on-site in the Northern Territory by innovative local engineers. And now, with our partnerships with EP Global Energy and Siemens, we can take this local technology to the world”
ENDS

For further information please visit the following sites:

EPGE : http://www.epglobalenergy.com

Powercorp: http://www.pcorp.com.au

Or contact Ms Eve Fierou:
Tel:  +35722376143
Email: eve@epglobalenergy.com