SCOTTSDALE, Ariz., April 20, 2012 (GLOBE NEWSWIRE) -- Green Planet Group, Inc. (Pink Sheets:GNPG) announced today that its wholly owned subsidiary, Arizona Independent Power, Inc., (AIP) has been granted a permit from the Arizona State Land Department for access to the selected site where it plans to construct a renewable energy pump storage power project. This permit allows the Company to begin the initial evaluation phase for this project which will include hiring various experts to verify that there will be no damage or disturbance of any Native American artifacts and no damage to either the local vegetation or animal populations.
The selection of this construction site included evaluating how the electricity produced would be connected and distributed through the grid and where the water supply is located. Both of these resources are readily available within a few miles of the proposed site. In addition, the Company will obtain satellite images and other detailed maps to help determine the location of the project's major components.
Edmond L. Lonergan, President/CEO stated, "We are excited to finally have access to the proposed construction site and are eager to begin to prepare the preliminary project plan. In addition, we will begin the selection process to evaluate and choose the engineering firm that will ultimately be responsible to develop the master design plan."
About Green Planet Group
Green Planet Group, Inc. (Pink Sheets:GNPG) is based in Scottsdale, AZ and engages in ongoing research and development to create products and services that enhance our environment. The Company's revenues are currently derived from the production and distribution of fuel-based energy conservation and clean-air products, as well as through the placement of members of the growing ranks of the unemployed into meaningful "green collar" careers. For additional information, please visit www.greenplanetgroup.com.
SAFE HARBOR: Certain information included herein may contain statements that are forward looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.