6 Megawatts+ currently in service.
1. Foreign Solar: Fund 5 Megawatt solar project on Luzon in Philippines to shovel ready. Have letter of intent. $400,000 company expense should yield about $1.2 million to Eco within 2 yrs. Within 1 yr on some similarly sized potential projects.
2. Domestic Energy Efficiency: Fund working capital for new wireless lighting energy efficiency product that can overlay prior products that are 3 yrs old and expect to add an additional 20% in savings for the customer. Best use 50,000 sq ft and above. NO new wires. Expect 40% margin of which Eco would receive 20%.
3. Solar Power World Magazine recently rated Eco Friendly Energy Company 90th in the world for 2013 based on 2012 performance.