RENEWABLE
ENERGY RESOURCES
Mass production of electricity from renewable
energy flows requires technology that harnesses the power
of natural phenomena such as sunlight, wind, tides and geothermal
heat. Renewable energy sources contribute approximately
25% of human energy use worldwide. Unit Group has initiated
a program for the implementation of projects from renewable
energy sources. As we have production based on fossil fuels
and reservoir based hydro production, our desire is to implement
those environmentally friendly based productions as mentioned
above. We have begun a vigorous investment program
for small to medium scale run-of-river hydro in the 5 to
40 MW range for a total ROR portfolio of 150 MW. We
have acquired the rights and have begun the initial studies
for a 65 MW portfolio of Wind Energy and will begin investments
in the latter part half of 2007. As the potential
and technological resources for other renewable sources
increase, we will begin detailed studies to try to implement
them.