SHANGHAI, China, Jan. 9, 2012 /CNW/ - Sunbelt International (http://www.sunbelt-inter.com/) (OTCBB: SUNB) is pleased to announce expansion through the developing nation initiative. The company announced today that they will offer a wide service range through the Operation Network to provide critically needed local Turbine and Solar PV services and technical support to the energy users in Africa. Sunbelt International president Fang Soo Lui realizes the potential this initiative has for both the company and the end users. Mr.Lui has had several meetings with the Developing Nations and Aid organizations who are planning to invest in the future of developing countries, and exploit Africa's huge energy potential as a weapon against poverty.
Currently, 600 million people in Africa live with no access to electricity. The enormous solar energy potential in Africa is currently underutilized, and only accounts for less than 2% of installed world solar facilities or solar / wind farms. Of the fossil energy sources that are exploited in Africa, only 25% of oil production is consumed locally. Limited energy development in the region has resulted in one of the lowest use of modern energy sources. More than 75% of sub-Saharan Africans have no access to electricity, compared to fewer than 15% of Latin Americans and East Asians. Sunbelt International can facilitate current efforts to spur economic growth and reduce poverty by providing the region with a needed energy supply.
Developing countries are a large market for the sustainable energy systems provided by Sunbelt International. Due to poor infrastructure, and large initial investment requirements, only 7 percent of the potential market is being reached. At least half of the African Continent's 53 countries could profitably produce Wind / Solar energy. Sunbelt International is pleased to reach these markets to provide sustainable energy solutions.
For further information:
Sunbelt International Inc. Fang Soo Liu President [email protected]