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Here Enterprises Announces Plans for a Cutting Edge Five-Acre Solar Energy Farm HRTE Announces plans for Solar Energy Farm 27.10.2011 11:00 Comments: 0 Categories: Stocks Tags: otc stocks hot penny stocks stockgoodies stock stock market LAS VEGAS, NV, Oct 27, 2011 (MARKETWIRE via COMTEX) -- Here Enterprises Inc. (pinksheets:HRTE), a growing developer of clean energy, is pleased to announce plans to acquire and develop a five-acre solar farm to compliment its already impressive wind farm. The solar farm, strategically located in sun-rich Floresville, Texas, will generate clean, renewable energy the company will then sell back to the power grid. The move will help Here Enterprises become a leader in the renewable energy market, which is projected to grow greatly in the future. In fact, in its 2009 World Energy Outlook, the International Energy Agency predicts that world demand for oil (commonly seen as the proxy for world demand for energy) will increase eight fold, from 2,000 million tons of oil equivalent (mtoe) to 16,000 mtoe by 2030. That demand will be difficult to meet, which is why so many national and international organizations are investing in clean, renewable energy solutions. According to the European Photovoltaic Association (EPIA), the world's largest industry association devoted to the solar photovoltaic (PV) market, solar power could provide energy for more than one billion people by 2020 and 26% of global energy needs by 2040. Solar power, says the EPIA, is desirable and lucrative for many reasons, including the fact that once equipment is installed and paid for, the energy is free to the collector. It's also quiet and produces no harmful emissions or polluting gases, is safe, and requires low maintenance. "With fuel costs rising fast and growing global pollution concerns, clean, renewable energy is the future. That's why we're very excited about our current developments in this lucrative market," said Mark Ryun, CEO

The markets opened in the negative territory today. At present, both the indices are trading very flat with the Sensex down 11 points at 15959 and Nifty down by 3 points at 4775. Banking stocks were under selling pressure, falling nearly 0.5 per cent. Auto and FMCG stocks also traded lower.