HOUSTON, July 20, 2009 (GLOBE NEWSWIRE) -- Global Wind Corporation (Pink Sheets:GWND) announced today that it has closed the acquisition of biomass power company, Biotricity Corporation. Biotricity has developed a new combustion technology for the burning of woody biomass to generate electricity. Biotricity will trade under the symbol GWND.
Biotricity is now the primary operating subsidiary of GWND and will be responsible for all operations. Houston based, Biotricity addresses America's growing demand for green power. Biotricity will generate green power from renewable energy sources and expects to reduce carbon emissions that would otherwise result from the natural decay of the biomass it burns.
The Company is designing a proprietary Biotricity Power Generator to produce electricity from biomass such as wood chips, sawdust, waste paper, and other organic matter by processing biomass and burning it in a soon to be patented combustion chamber to power a turbine and generate electricity.
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