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3Power Energy Group Inc (PSPW)

3Power Energy Group Inc (PSPW)
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3Power Energy Group Inc was incorporated in the State of Nevada on December 18, 2002, as ATM Financial Corp. On April 1, 2008, the Company changed its name from "ATM Financial Corp." to "Prime Sun Power Inc." On March 30, 2011, the Company changed its name to 3Power Energy Group Inc. The main business of Company is to sell electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based on these technologies. The core approach of the Company's business is to deliver energy in markets where there is an inherent energy gap between supply and demand or where there exists long term, stable, government backed financial support for the development of renewable energy. The strategic plan of the Company is to develop power plants and sell electricity in mature and emerging international energy markets at secure rates with the highest potential margins for return on investment. The Company is planning on commencing operation of solar power plants, wind farm plants, hydroelectric power plants and biomass power plants throughout the world. Such operations will be subject to extensive national and local regulation at each location in which it will operate, both prior to and after commencing operations.

Fiscal Year End Date: 03/31

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