Upon the imminent completion of their multi-state distribution agreements, ASE plans to focus their sales efforts on Arctic Solar’s commercial solutions, which uses solar thermal energy to pre-heat boilers for commercial and industrial businesses.
A special interest has also been given to the state of Colorado, which offers tremendous state incentives for residential alternative energy solutions. Because of this, the new distributor will focus efforts on Arctic Solar’s residential hot water heater replacement solution. It is anticipated that all distributors will operate under the SolarUs brand name.
Fred Sussman, Arctic Solar Engineering CEO, stated, “We are very excited to initiate our distribution network through the organizations we have identified as distributors for our solar thermal energy solutions. We look forward to working closely with their teams in order to bring this highly efficient technology to the U.S. and International markets.”
As previously announced, EGPI Firecreek, Inc. has initiated plans to consolidate through the sale of certain assets and divisions in order to focus on their Oil & Gas and Alternative Energy divisions. This expansion of distribution channels for their Alternative Energy division meets with the Company’s short term objectives for growth in the energy sector. A special emphasis is also being put on acquisitions and production for their Oil & Gas division.
Arctic Solar Engineering, LLC integrates Solar Thermal Energy technology patented over 30 years ago by Daimler Aerospace in Germany. This technology is used throughout Germany, other parts of Europe, Asia and the Middle East. ASE’s competitive advantage is product knowledge and knowledge of how water based energy systems work and can be successfully implemented to reduce an average building’s energy consumption by up to 70%.
EGPI Firecreek, Inc.’s business and acquisition strategy is focused on both the vertical integration of enterprises serving the D.O.T. Construction and Intelligent Traffic System markets through South Atlantic Traffic, Inc. (SATCO) alongside its wholly owned subsidiary M3 Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. (Energy Producers) and for oil and gas servicing business through its wholly owned subsidiary Chanwest Resources, LLC. EGPI Firecreek, Inc. is also looking to expand into alternative energy sources as well as industries in the energy field.