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 secures energy efficiency contract with Diageo

11th May 2011, 4:59 am

Greenearth Energy (ASX: GER) has been awarded a contract to provide a smart lighting installation for Diageo Australia, a leading premium drinks business, potentially providing energy savings of up to 48%.

The contract was given to subsidiary Greenearth Energy Efficiency Pty Ltd and the project will showcase the benefits of the company's Metrolight commercial lighting technology at Diageo Australia's New South Wales Huntingwood facility.

Metrolight is a flexible, smart, High Intensity Discharge (HID) lighting system that can ‘harvest’ the benefits of daylight in a warehouse, and provide significant energy savings.

The technology is manufactured by Israeli-based partner, Metrolight. The company is the leading manufacturer of Smart Electronic Ballasts that power HID energy efficient lighting systems.

Richard Branson's Virgin Green Fund has invested in Metrolight whose HID lighting solutions can deliver substantial energy savings.

Through a combination of more efficient equipment, dimming with daylight, and implementation of 'smart' control systems potential energy savings of up to 48% can be achieved at Diageo's facility.

Greenearth Energy Efficiency recently announced it is now an Accredited Certificate Provider under the NSW Energy Savings Scheme, and has a specific Recognised Energy Savings Activity (RESA) for HID lighting upgrades.

As such Greenearth Energy Efficiency are able to create Energy Savings Certificates in respect of this project creating further value for the project over and above the already substantial modelled energy savings.

Greenearth is  currently advancing the Geelong Geothermal Power Project, in which the company signed an agreement with Alcoa (ASX: AAI) late last year.

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