Additional Information
Market: ASX
Sector: Cleantech and Renewable Energy
EPIC: GER
Latest Price: A$0.05  (-10.00% Descending)
52-week High: A$0.15
52-week Low: A$0.05
Market Cap: A$5.06M
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Greenearth Energy
www.greenearthenergy.com.au

Greenearth Energy (ASX: GER) is a diversified Australian renewable energy company that has interests in conventional geothermal resources in Australia, Indonesia and the wider Pacific Rim as well as technology opportunities and project applications in the waste heat recovery, energy efficiency, combined heat and power solar and CO2 to fuel conversion markets.

Greenearth Energy's projects and technologies are designed to deliver energy security outcomes in a carbon constrained world.

The company listed on the Australian Securities Exchange (ASX) on the 4 February 2008.

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Greenearth Energy raises A$610,000 for renewable energy projects

15th Apr 2011, 7:35 am

Greenearth Energy (ASX: GER) has raised A$610,000 through a placement of 7,625,000 ordinary fully paid shares at $0.08 per share to raise additional funds for its current suite of renewable energy projects.

The capital raising was done through Intersuisse Limited.

Greenearth Energy aims to become a leading edge renewable energy company primarily focused on conventional geothermal energy resources while implementing complimentary technologies that have the potential to deliver near and medium term returns.

In November 2010 a ground breaking agreement between Greenearth Energy and Alcoa (ASX: AAI) was signed, in a critical first step towards the establishment of base load renewable energy generation in Victoria.

The agreement with Alcoa was significant as it potentially ticks most of the boxes for Greenearth's Geelong Geothermal Power Project including site, grid connection, demonstration plant, base load renewable energy offtake and grid connection.

The Greenearth Energy Group now includes subsidiaries whose purpose is to facilitate the successful implementation of aligned technology opportunities domestically and internationally.

A new subsidiary, NEWCO2FUELS Pty Ltd was established during the course of the last quarter as a result of ongoing investigations in the area of CO2 conversion technology.

On January 24 Greenearth subsidiary, Greenearth Solar Energy Pty Ltd, and major shareholder Advance Publicity Limited, agreed on a high profile demonstration site for the ZenithSolar Z20 technology.

Greenearth believes the technology has the potential to efficiently deliver the dual benefits of emissions free power and hot water to a wide range of customers throughout Australia and the wider Pacific region.

Greenearth Energy is currently trading at $0.08.





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