SOURCE: IO Circuit

December 13, 2011 07:30 ET

Sunbelt International (PINKSHEETS: SUNB) Sees Potential in Developing Nations

Note to Editor: The Following Is an Investment Opinion Issued by the IO Circuit.

NEW YORK, NY--(Marketwire - Dec 13, 2011) - Sunbelt International (PINKSHEETS: SUNB) announced yesterday that they will begin development and deployment of their energy technologies and systems in third world countries. The Company has highlighted Africa as a potential target due to the great demand for renewable energy.

Currently, many African nations already have small-scale solar, wind, and geothermal devices in operation providing energy to urban and rural populations. These types of energy production are especially useful in remote locations because of the excessive cost of transporting electricity from large-scale power plants. Currently, the majority of African countries are only able to provide direct access to electricity to 20% of their peoples with the percentage as low as 5% in some countries.

Solar resources alone in Africa are fairly uniform, 80% of the landscape receives nearly 2000 kWh per square meter annually.

Other active stocks are JA Solar (NASDAQ: JASO), Trina Solar (NYSE: TSL) and Canadian Solar (NASDAQ: CSIQ)

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