Tomahawk, WI 9/8/2011 (PennyPayDay) – GreenHouse Holdings, Inc. (OTC:GRHU) recently announced, in a press release, that the establishment of the Army Energy Initiatives Office (EIO) Task Force further confirms the growth potential for past performance government contractors specializing in sustainability and renewable energy projects. GRHU is also under an e-mail promotion campaign initiated last night by a third party investor. As I write, shares of GRHU were up 20 percent at $0.80 per share on volume of 120,000 shares.
Secretary of the Army John McHugh, on August 10th, announced the creation of the Energy Initiatives Office, which will work with the private sector to help centrally plan and deploy renewable energy projects on Army lands. The goal of the estimated $7.1 billion dollar initiative is for 25% of the Army's energy use to come from renewable sources by the year 2025, much of which they believe can be produced utilizing 5 of the 15 million acres of U.S. land the Army currently owns.
"This is a very aggressive goal, but one we also believe is attainable," said Rob Davis, Vice President of Energy Services for GreenHouse. "The Army is facing a daunting task, determining the feasibility of multiple renewable energy technologies based on the myriad of variables that 5 million acres of diverse land will present. As a past performance government contractor GreenHouse is positioned to provide considerable support in that effort."
"Here's the bottom line, independence from oil saves American lives," said Ken Robinson, GreenHouse founder and 2004 inductee of the National Military Intelligence Hall of Fame. "We know that last year for every 24 fuel convoys a civilian or soldier was killed. From there it's just simple math, the fewer the convoys the more soldiers come home. The EIO is an important first step in a paradigm shift that will strengthen our national security and protect the lives of our men and women in uniform."
GreenHouse Holdings is a provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint.
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