GUELPH, Ontario, June 8, 2011 /PRNewswire/ -- W2 Energy, Inc. (OTC: WTWO) is pleased to announce that the Arizona Research Institute for Solar Energy (azrise.org) at the University of Arizona has prepared its laboratory to test the Advanced Energy Storage and Utilization and System (AESUS), which uses as its core the NT Plasmatron and SteamRay.
It was necessary for AzRISE to retrofit a laboratory with 480 volt electricity to power the 600 psi compressor, which will provide the compressed air for the AESUS. AzRISE has just completed this electrical upgrade.
In the first week of July, AzRISE will be flying the W2 Energy technical team out to the University of Arizona campus in Tucson, Arizona, to demonstrate NT Plasmatron system to the AzRISE staff and University of Arizona students. Then AzRISE will connect the NT Plasmatron system to a pressurized air tank and test the complete AESUS system. AzRISE will deliver the AESUS system to a major Arizona utility, where it will be connected to grid and tested again. After both tests are complete, AzRISE will provide W2 Energy with thorough 3rd party engineering data on the system's operation and performance.
The U.S. Military, as well as companies and research facilities around the world, have expressed interest in the AESUS as a means of high-volume energy storage at a reasonable cost. The AESUS will allow solar and wind power producers to store energy during peak production and release it during peak consumption. The AESUS will also allow large-scale consumers of electricity to buy inexpensive power during off-peak times and release that energy during periods of peak usage and cost.
"It's a thrill to be deploying our equipment out in the field, especially with the Arizona Research Institute for Solar Energy," says Mike McLaren, President and CEO of W2 Energy. "AzRISE is on the cutting edge of renewable energy research. W2 Energy is on the cutting edge of renewable energy technology. It's a great partnership."
W2 Energy trades in the United States on the OTC market under the symbol "WTWO." For further information, please contact Mike McLaren at (519) 341 4776 or go towww.w2energy.com
Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in reports and filings with regulatory bodies.
Contact:
W2 Energy, Inc.
519-341-4776
info@w2energy.com
SOURCE W2 Energy, Inc.
