W2 Energy Forms New Subsidiary

Toronto-based W2 Energy Inc. has established a wholly owned subsidiary, Think Solar USA. The new company will design, build, sell and deploy solar-based electricity and process heat systems throughout the continent.

‘W2 Energy is first and foremost a renewable energy company, and there is no energy more renewable than solar energy,’ says Mike McLaren, CEO of W2 Energy. ‘Having Think Solar USA as a part of W2 Energy enhances our company and our brand.’

Think Solar USA is currently developing several proprietary technologies in order to efficiently turn solar power into electricity and process heat. The SunCatcher line of parabolic solar collectors and heat exchangers is designed to turn solar heat into steam, and the Steam Ray line or rotary steam engines is designed to turn steam into electricity.

SOURCE: Think Solar USA

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