LAS VEGAS, March 3, 2011 /PRNewswire/ -- Here Enterprises Inc. (Pink Sheets: HRTE), a growing developer of clean wind energy, today announced completion of the first phase of construction on its Cycle Ranch wind project. Here Enterprises is pleased to report that the first series of high efficiency variable pitch turbines is now in place at its Floresville, Texas wind park.
Mark Ryun, CEO of Here Enterprises, commented: "The selection, siting and installation of high efficiency wind turbines on our first clean energy project represents a significant milestone for our organization. Here Enterprises anticipates positive returns from the wind farm as we reduce our Company's reliance on fossil fuels, begin generating power from renewable energy resources and target local utilities looking to do the same."
Here Enterprises is building wind energy facilities on the site of its wholly owned Cycle Ranch Motocross Park, an established commercial motocross speedway drawing hundreds of fans, spectators and competitors each week. The Company has erected a series of Talon turbines to generate clean wind energy on the property. Talon turbines' leading edge speed regulation system features a passive variable pitch control mechanism. The variable pitch mechanism allows a wider working range than other designs, enabling Talon systems to produce more energy than competing turbines using other speed regulation methods such as tail furling. Variable pitch technology enables Talon systems to work up to 56 mph. Competing products shut down at high wind speeds rather than continuing to harvest power. The systems produce wind energy with low noise and high efficiency and utilize UL certified electronics for grid-tie approval.
Here Enterprises' Cycle Ranch project demonstrates a shift in dependence on costly, environmentally taxing conventional power sources toward reliable, viable alternatives, in line with the Company's green business model. Once tapped into the grid, Here Enterprises intends to sell surplus power generated at the wind farm to Texas utilities, the largest wind energy market in the U.S.
About Here Enterprises Inc. (HRTE.PK)
Here Enterprises is a developer of wind power, our nation's fastest growing renewable energy resource. The Company is engaged in planning, developing, acquiring and operating wind farms in the United States to generate clean, profitable wind energy. Here Enterprises is developing wind energy projects which co-locate wind farms with commercial businesses in order to maximize cashflow for each project.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HRTE has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect HRTE's current beliefs and are based upon information currently available to it.
Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the HRTE's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HRTE undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.
SOURCE Here Enterprises Inc.