Pan Global, Corp. Launches Development of Solar Ecommerce Marketplace for India
26 Juni 2014 - 2:30PM
Marketwired
Pan Global, Corp. Launches Development of Solar Ecommerce
Marketplace for India
Industry Report Claims "India's Solar Market Could Be Worth
Billions of Dollars Over the Next Decade"
CARSON CITY, NV--(Marketwired - Jun 26, 2014) - Pan Global,
Corp. (OTCQB: PGLO) (the "Company") today announces it has launched
the development of a solar installation and services ecommerce
marketplace website for India ("Pan Solar Marketplace"). The Pan
Solar Marketplace would be an ecommerce effort intended to bring
buyers and sellers of solar equipment and services together in one
place. The initial focus will be on rooftop solar paneling
systems and eventually branch out to consider providing other
services and large ground-based solar installations.
Company management commented, "We have recognized the growth
potential regarding green energy in India, and we believe we have
identified an opportunity for the Company to enter the solar
market. India's new government is perceived to be highly supportive
of accelerating India's renewable growth plans; and this gives us
added confidence with our future initiatives. We look forward to
completing our development of this solar marketplace in the near
future and providing enhanced shareholder value through the
implementation of this new business line."
The Company shares the following articles and reports that
provide insight into the promising future of the solar industry in
India:
1. The following report focuses on its view that "India's
solar market could be worth billions of dollars over the next
decade":
http://www.atkearney.com/documents/10192/692844/Solar+Power+in+India+-+Preparing+to+Win.pdf/b6b34499-8285-4813-9d66-ecdc293a8537
2. The following article from Forbes.com discusses
"India Becomes Next Hot Market For Solar and LED with New PM":
http://www.forbes.com/sites/michaelkanellos/2014/05/19/india-becomes-next-hot-market-for-solar-and-led-with-new-pms-promise/
3. The following 2014 report from the Center for
Strategic and International Studies provides comprehensive analysis
of "India's Solar Energy Future":
http://csis.org/files/publication/140224_Murthy_IndiaSolarEnergy_Web.pdf
About Pan Global,
Corp. Pan Global, Corp., through its wholly-owned
subsidiary, Pan Asia Infratech, Corp., is focused on
environmentally sustainable energy, infrastructure and
technologies. Our aim is to invest in green energy technology and
infrastructure to build an inclusive green economy around the
world.
For additional information, please visit the Company's website
at www.panglobalcorp.com, the contents of which are not
incorporated into this press release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The foregoing contains "forward-looking statements" within the
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intend for these forward-looking statements to be covered by the
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are not guarantees of future performance. Our actual business,
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from those suggested by forward-looking statements as a result of
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and uncertainties described in any of our other filings with the
SEC. Certain other factors which may impact our business, financial
condition or results of operations or which may cause actual
results to differ from such forward-looking statements are
discussed or included in our periodic reports filed with the SEC
and are available on our website at www.panglobalcorp.com under
"Investor Info". You are urged to carefully consider all such
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forward-looking statements to reflect actual results, changes in
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circumstances occurring after the date of this news release, even
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Disclaimer: This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, and shall not
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Pan Global, Corp. Investor Relations Phone: 877-999-7978 Email:
PGLO@panglobalcorp.com
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