GARDEN GROVE, Calif., October 8, 2014 /PRNewswire/ -- 808 Renewable Energy Corporation (OTCQX: RNWR), today announced a 43% increase in total kWh of electricity generated in the 3rd Quarter 2014, compared to prior Quarter. The Company projects that the robust production growth will continue over the 4th Quarter due to the expected reactivation of several more of its CHP systems. The Company's CHP systems produced over 1.4 million-kilowatt hours in the 3rd Quarter of 2014, compared to less than 1 million kilowatt-hours in the 2nd Quarter of 2014.
"We are proud of our results and are looking forward to another breakthrough year in 2014," states Patrick Carter, the Chief Executive Officer of 808 Renewable Energy. "There is an urgent need among our public and private customers for cost-effective, carbon-neutral energy solutions. Our increased production validates our commitment to seize this opportunity and to reward our investors with significant returns in the long run."
808 Renewable Energy currently owns and operates 22 CHP energy systems in 6 sites spread across San Francisco Bay Area and Southern California. The Company is California's leading CHP owner/operator of CHP systems under 1.5 MW, supplying the public and private sectors with eco-friendly, cost-effective electrical and thermal energy.
http://www.808renewableenergy.com
About 808 Renewable Energy
Headquartered in Garden Grove, CA, 808 Renewable Energy bridges the gap between industry and investors with renewable energy investments. 808 Renewable Energy's primary focus, to provide and manage renewable, eco-friendly projects for manufacturing companies and other large facilities, is accomplished by installing or acquiring for clients, cost-free cogeneration, solar and other renewable energy equipment, which lowers energy costs, reduces environmental emissions, and ecological footprint. 808 Renewable Energy is the leading CHP provider in the State of California, with more than 22 CHP systems in public and private buildings.
Forward Looking Statements
Statements contained in this press release may contain forward-looking statements. Any historical facts stated is faithfully represented as of the date these statements are released. Any expectations about the projected production are based on current projection and may substantially change under unforeseen events and/or circumstances in the future. The Company is not obliged to update the forward-looking statements provided for any events that occur or any circumstances that exist after the date this statements are published.
