Net Zero Renewable Energy Enters into LOI
with MultiGen Solutions Australia
NIAGARA FALLS, ON – January 13, 2021 Net Zero Renewable Energy Ltd. (www.nzre.ca) (TSXV:EHT) ("NZRE" or the “Company”), a global leader in renewable energy combining solar and wind technologies has entered into a Letter of Intent (“LOI”) with World Environmental Solutions PTY. LTD. http://www.multigensolutions.com.au/ to launch an innovative design called the SOLA HYDRA CUBE.
“The combination of Net Zero’s Sustainable Renewable Energy Fabrication Technology coupled with MultiGensolutions’ proprietary Air to Clean Drinking Water Technology within a SOLAR POWERED CUBE will provide many regions globally the ability to produce clean drinking water fully powered by renewable energy”, says Jerry Foster, President of NZRE. “The unit is perfect for many NGO’s, hospitality, and rural and remote areas where access to power is limited to fossil fuels and access to clean drinking water is complex”, added Foster.
“The various scaled design applications of Multigensolutions’s state-of-the-art technology integrated with Net Zero’s solar cube fabrication system will provide a solution for various customers not only in Australia but other regions globally”, says Water Ivison, CEO of World Environmental Solutions PTY. LTD.
The ever increasingly growing crisis with respect to clean drinking water is also coupled with the need to reduce reliance on fossil fuel based power generation systems. The SOLA HYRDA CUBE provides a viable option for both.
For further information please contact:
John Gamble
Chief Executive Officer
Net Zero Renewable Energy Ltd.
Tel: 289-488-1699
Email: info@nzre.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The statements herein that are not historical facts are forward‐looking statements. Forward-looking information relating to sales of the products (the “Opportunities”) involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, for the Opportunities to differ materially from those expressed or implied by such forward-looking information. Although NZRE believes that the assumptions used in preparing the forward-looking information on the Opportunities outlined in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. NZRE disclaims any intention or obligation to update or revise any forward-looking information, whether a result of new information, future events or otherwise, other than as required by applicable securities laws.
