Green Energy Veterans Launch Innovative Wind and Solar Venture

AUSTIN, Texas, May 12 /PRNewswire/ -- A new energy venture, Pioneer Green Energy, has opened its headquarters in Austin, Texas.  Started by a team of experienced wind and solar developers, the company was formed to meet the increasing demand for green energy projects across the U.S. using innovative development strategies.

The seven founding members have direct experience successfully managing challenges of bringing projects from concept to construction.  Prior to forming the company, the group collectively helped to develop more than 2,500MW of constructed wind projects around the country, now owned by major renewable energy companies.

Leading Pioneer Green is Andy Bowman, wind industry executive with 15 years experience in different aspects of the business.  Previously Bowman was founder and president of Renewable Generation Inc., an Austin wind company acquired by Irish company Airtricity in 2005.  At Airtricity he oversaw US and Canadian development efforts, and subsequently became Chief Development Officer for E.On Climate & Renewables North America following its acquisition of Airtricity in 2007.

"Despite current challenges owing to the financial crisis and transmission constraints, all signs point to continuing growth in green energy sectors, particularly 3 to 5 years down the road," said Bowman.  "At the same time, the market is more competitive and complex than ever and puts a premium on experience and track record.  Pioneer's founding team is one of the strongest and we are taking creative approaches to meet the demand for new projects."

According to the US Energy Information Administration, wind energy was at just 1.25% of US electricity generation in 2008 and projected to reach 5% as soon as 2012.  US EIA also predicts wind will grow from about 25GW installed in 2008 to 66GW installed in 2014.  Solar generation is also poised to increase sharply in the next few years as demand from existing solar energy requirements will mean 9,000MW of solar capacity installed by 2025, according to Lawrence Berkeley National Laboratory.

Pioneer Green Energy is fast at work on new projects in the first stage of development in key regions of the US, and quickly gaining momentum and growth.  "In addition to pursuing positions in historically proven areas," said Bowman, "this also means targeting untraditional, complex, challenging sites to make the most of our development experience."

http:// www.pioneergreen.com

SOURCE Pioneer Green Energy