LAS VEGAS Feb. 24, 2011 Floresville, Texas
Solar electric energy demand continues to grow due to rapidly declining costs and prices. Economies of manufacturing scale, manufacturing technology improvements, and the increasing efficiency of solar cells have driven cost declines, increasing the attractiveness and viability of solar power generation for Here Enterprises.
Here Enterprises acquired its first clean energy development project, Cycle Ranch, in September, 2010. The Company is engaged in building wind energy generation facilities on the Cycle Ranch site in conjunction with its operating, revenue-positive motocross speedway business. The addition of solar arrays is expected to add significantly to the production and profitability of clean energy generated at Cycle Ranch.
About Here Enterprises Inc. (HRTE.PK)
the United States
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HRTE has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect HRTE’s current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the HRTE’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HRTE undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.
SOURCE Here Enterprises, Inc.