Welcome!

News Feed Item

808 Renewable Energy Corporation Is Pleased To Announce It is trading on the OTCQX Under Symbol RNWR

808 Renewable Energy Corporation is a leader in Cogeneration in the State of California. They are now a public company trading under the symbol RNWR

GARDEN GROVE, Calif., Sept. 5, 2014 /PRNewswire/ -- Patrick S. Carter, Chief Executive Officer of renewable energy firm 808 Renewable Energy Corporation (OTCQX: RNWR), today announced that the firm has begun trading on OTCQX®, the marketplace operated by OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces. 808 Renewable Energy is trading on OTCQX under the symbol "RNWR." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Prior to 808 Renewable Energy's first trading day on the OTCQX®, the Company was one of the first firms to develop an investment method that connected technology and finance – this investment method allowed for the building or converting of power plants at commercial facilities, that could both generate and use renewable energy. These "cogeneration" facilities can save on energy costs and reduce environmental impact, and investors could previously, only directly support these companies that were implementing green energy solutions.

The introduction of 808 Renewable Energy's public trading platform broadens the opportunity for potential supporters of the Company's work, to invest in 808's efforts to create energy projects that lessen environmental impact.

"808 Renewable Energy, through its focus on owning and operating co-generation plants throughout California and the Western U.S., is helping America achieve green energy solutions that can reduce our nation's dependence on foreign oil," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are excited to welcome this innovative American company to the OTCQX marketplace and wish them success and growth in the public markets."

"We at 808 Renewable Energy Corporation are thrilled about our first trading day on the OTCQX, and are extremely appreciative of Merriman Capital's efforts, as advisor and sponsor of this initiative. We feel now, more than ever, that America needs to focus on becoming an independent energy user and needs to wean ourselves from our dependence on foreign oil. Our investors now have an opportunity to have some liquidity and our exposure to the stock market will allow even more of the public to have an opportunity to participate in our growth," added Mr. Carter.

Merriman Capital, Inc. serves as 808 Renewable Energy's Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing professional guidance on OTCQX requirements.

808 Renewable Energy owns and operates on-site cogeneration systems that produce energy in the form of electricity, heat, hot water and chilled water under long-term contracts with its commercial, institutional and light industrial customers. Its business is to own the equipment that is located at customers' facilities and to sell the energy produced by these systems to the customers on a long-term contractual basis.

To date, the Company's focus has been on acquiring existing combined heat and power ("CHP") plants. However, its objective is to grow revenue by pursuing the following areas: Continuing acquisition of new or existing CHP or other renewable energy projects; providing maintenance service, monitoring, and operations support to existing CHP plants not owned by the company; and sales of CHP and other renewable energy plants to interested third parties.

About 808 Renewable Energy Corporation

Headquartered in Garden Grove, CA, 808 Renewable Energy bridges the gap between industry and investors with renewable energy cogeneration investments. 808 Renewable Energy's primary focus, to provide and manage renewable "green energy" projects for manufacturing companies and other large facilities, is accomplished by installing or acquiring for clients, cost-free cogeneration, solar and other renewable energy equipment, which lowers energy costs, reduces environmental emissions, and produces a smaller carbon footprint for everyone involved. 808 Renewable Energy is the largest owner of cogeneration units in the State of California, with more than 50 plants in public and private buildings.

808 Renewable Energy has in place an engineering and maintenance staff capable of handling all design, permitting, maintenance, and upgrades necessary to ensure that their devices operate smoothly and efficiently. To that end, the company has a depth of experience in the design, manufacture, and supply of state-of-the-art technologies in pollution control, energy, waste-to-energy, energy efficiency systems, and combined heat and power systems (cogeneration mechanical units).

For further information and updates on 808 Renewable Energy, its trading status, completed projects and services offered, please visit: www.808renewableenergy.com. 808 Renewable Energy can also be found on Twitter (@808RenewableEnergy), as well as on the Web and Social Media, via the hashtag #WeAreInvested.

 

SOURCE 808 Renewable Energy Corporation

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.