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Last $0.0001 USD
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PWEI On Other Exchanges
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OTC US
As of 8:10 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

pacwest equities inc (PWEI) Key Developments

PacWest Equities, Inc. Plans to Relocate its Solar Manufacturing Line to Brazil

PacWest Equities Inc. announced that its plans to relocate its solar manufacturing line, including its tooling and Intellectual Property to Parana, Brazil. The company plans on installing a vertically integrated manufacturing line to manufacture a wide variety of Thin Film and Silicon Solar Products making it one of the first solar manufacturing companies in Brazil. The South American solar market is the fastest growing region in the worldwide solar market, and is estimated to reach $89 Billion by 2017. The Solar Manufacturing Line, which cost over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities Inc., addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain.

PacWest Equities Inc. Partners with Itambe Energy and 3CO Energy

PacWest Equities Inc. announced details of the recent partnership agreements with Itambe Energy and 3CO Energy. The partnerships would give PacWest Equities an immediate foothold in the region to quickly deploy its Solar Manufacturing Line and help accelerate its plans to capture a large share of the estimated USD 89 billion solar market in South America by 2017. The Solar Manufacturing Line, which costs over USD 100 Million to develop, with USD 67 Million going to Research and Development, USD 12 Million to build the prototype line, and USD 27 Million going to the actual production line now in physical possession of PacWest Equities Inc., addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain.

PacWest Equities Inc. Secures USD 50 Million in Financing from Euro Brazil Investments, SA

PacWest Equities Inc. announced that it had secured a commitment for USD 50 million in financing from Euro Brazil Investments, SA of Luxembourg City, Luxembourg. Euro Brazil Investments, registered through the Brazilian Central Bank, will receive a minority interest in exchange for its investment in PacWest Equities Inc., which plans to bring its recently acquired Solar Line of CIGS Manufacturing Technology and its proprietary Intellectual Property to Brazil. The technology, which cost over USD 100 million to develop, with USD 67 million going to Research and Development, USD 12 million to build the prototype line, and USD 27 million going to the actual production line now in physical possession of PacWest Equities Inc., addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover.

 

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