Delray Securities today announced an Alternative Energy Joint Venture in Germany
Delray Securities today announced a Green Hydro Energy joint venture in Germany for its "Delray Securities Energy Fund".
- (1888PressRelease) April 25, 2012 - Boca Raton, FL - At present, 83% of Germany's energy production and consumption comes from fossil fuels (oil, coal & gas), another 12% comes from nuclear energy, and about 5% of Germany's energy requirements come from regenerative energy sources or from raw materials that grow again.
As of 2010, Germany must cover 12.5% of its power supply by renewable energy. With Germany's Rigid financial policies limiting the number of new energy production companies entering the market, the senior members of Delray Securities Energy Fund and partners are in the late stages of the development of a state of the art hydro energy production power station, the first of which is expected to be put into operation in early 2013.
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