SHANGHAI, China, Feb. 21, 2012 /CNW/ - Sunbelt International (http://www.sunbelt-inter.com/) (OTCBB: SUNB) President Fang Soo Liu is pleased to announce that Sunbelt International has signed an agreement with Promithian Mining Inc to provide the company with Water Turbines. Promithian will utilize the sustainable energy provided by these water turbines to power exploration and mining operations in a remote area of the southern Yukon.
This deployment of the In Water Turbines marks a milestone for Sunbelt International, and is in alignment with the corporate strategy as an energy provider in remote parts of the world.
The deal calls for Sunbelt International to provide Water Turbines, which will generate up to six megawatts of power. This production of energy will allow Promithian to operate more efficiently. Diesel generators were previously used as a power source for these types of operations; however, this is a significantly more costly alternative to energy produced by hydropower at a ratio of approximately $1: $0.16 respectively for diesel generators versus In Water Turbines.
Hydropower produces over 24 percent of the world's electricity, and supplies more than 1 billion people with power. This number is on the rise, and Sunbelt International is taking advantage of this trend towards sustainable energy productions to aggressively penetrate emerging markets in remote areas.
For further information: