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WorldWater Corporation

Ticker: WWAT

Breaking News: Financial Incentives Boost Solar Applications...

According to its plans, WorldWater is focusing in markets where it can take advantage of both state and local municipalities financial incentives and in some cases that makes government itself a candidate.

After pulling off some substantial projects like California's Cerro Coso College, where its solar-powered pumping system generates 60 percent of the school's electricity requirements. Or the world's largest solar-powered refrigeration compressor system -- a 350-horsepower hydracooler at a potato processing facility.

The citrus ranch project caps off a great start for the period, racking up sales of $2 million from that project verses $3.3 million for the 2nd quarter, which was announced Aug 20. At the time of that announcement WorldWater reported sales of $4.1 million for the first half, up an incredible 262% over the same period last year.

To view the full news release please visit http://biz.yahoo.com/iw/040907/072218.html

WorldWater's proprietary and patented AquaMax(tm) system will drive a high powered 200 horsepower pumping system at the facility, establishing the most powerful solar powered irrigation system in the world. The project represents a quantum leap forward in the deployment of large-scale solar power pumping technology and demonstrates the viability of solar power for broad applications in virtually all industries anywhere in the world.

``While many of the world's finite energy sources are being depleted at a disquieting rate, as evidenced by the current global oil crisis. WorldWater's ability to harness the unlimited power of the sun with our proprietary AquaMax systems represents breakthrough technology,'' said Mr. Kelly. ``Our patented technology can deliver up to 600 horsepower - more than 100 times as powerful as the nearest competitors -- making ours the only products available anywhere in the world that can deliver the water-pumping horsepower required for large scale commercial applications. Installations such as the one at this California agricultural facility clearly demonstrate how WorldWater has enabled solar power to achieve an unparalleled level of practicality and cost-effectiveness for a broad spectrum of commercial mainstream uses.''

``California is one of the leading states in the development of solar and renewable energy, and is the proving ground of many of the world's most advanced solar power systems,'' continued Mr. Kelly. ``This new ranch irrigation system is just the latest in a series of major projects in development for WorldWater in California.''

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