Pan Global Corp. Comments on Small Hydro Power Industry
Small Hydro May Be Emerging as the Next Big Thing
CARSON CITY, NV -- (Marketwired) -- 10/25/13 -- Pan Global, Corp.
(OTCQB: PGLO) (the "Company") today discusses reports from various
sources around the globe, citing that the small-hydro industry is
gaining momentum in popularity as a method of hydroelectric power
The Company is aiming to enter the small hydroelectric power market
through a recently executed Letter of Intent between its wholly-owned
subsidiary, Pan Asia Infratech, Corp., and a private corporation in
India to acquire 100% of a 5.7 MW small hydro project in India.
The Company's management commented, "We have decided to invest in the
Green Economy. We believe small hydro is on the cusp of being a key
solution to many of the electricity power generation issues
throughout the emerging markets, particularly India. Small hydro
provides reliable power output while being less environmental
invasive than traditional large-scale hydro projects that use dams,
and at a fraction of the cost."
The Company cites the following articles and reports from various
sources around the globe as providing insight into the growing
excitement around small hydro and validating the Company's belief
that small hydro power may be emerging as the next big thing in green
energy, especially in India.
-- "Why Small Hydropower is Making a Big Splash"
-- "Small Hydropower, a promising technology for rural electrification"
-- "Small Hydro: Small Hydro is Getting BIG"
-- "Potential of Small-Scale Hydropower for Electricity Generation in
-- "Why Small Hydropower Beats Big Dams"
-- "Small hydro in India: Bringing power to all"
-- "Steady Growth in Small Hydro Power..." a report on Small Hydro Power
in India by ICRA Limited, An Associate of Moody's Investors Service
Further details of the Letter of Intent are available in the Company's
Form 8-K filed with the SEC on September 18, 2013 and available free
of charge on the SEC's website, www.sec.gov.
About Pan Global, Corp.
Pan Global, Corp., through its wholly-owned subsidiary, Pan Asia
Infratech, Corp., is focused on environmentally sustainable energy,
infrastructure and technologies. Our aim is to invest in green energy
technology and infrastructure to build an inclusive green economy
around the world.
For additional information, please visit the Company's website,
www.panglobalcorp.com, the contents of which are not incorporated
into this Press Release.
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