Helix Wind, Inc. Receives $10.6MM Firm Order From South America

by Dave

MarketWatch

Helix Wind, Inc., a San Diego, CA based manufacturer of small wind turbines, today entered into a firm sales agreement with EDAL RE, Inc., (Energy Development Argentina Limited), a leading cell phone tower construction and services provider and renewable energy distributor in Argentina.

EDAL is a leading developer of distributed power generation solutions for wireless communications towers in remote areas and in regions with unreliable power supplies, as well as for irrigation and liquids pumping applications. The company plans on targeting markets in Argentina, Uruguay, Paraguay, Chile, Brazil, Aruba and the Antilles. The Agreement, which provides for the purchase of at least 1,500 units over the next three years, reflects the growing demand for renewable energy solutions in South America, and the increasing cost of petroleum based mobile power generation.

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