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Bergamo Acquisition Corp. (BGMO) And The Micro-Solar Solution

|Includes: Bergamo Acquisition Corp. (BGMO)

The global transition from power production based on fossil fuels, sources that pour billions of tons of carbon dioxide and other greenhouse gases into the atmosphere every year, to solar and other renewables is usually viewed in terms of large power plants. But the development, distribution, and use of what are called micro-solar installations could be the one of the most important contributions in the global struggle to reduce greenhouse gases and global warming.

Micro-solar installations are small-scale solar power generators that can be used off-the-grid for all sorts of purposes. The reason they are so important is that they can effectively replace millions of highly polluting energy sources used in remote locations that don't have easy access to electricity in developing countries around the world. For example, instead of using kerosene to produce lighting, pumping out carbon dioxide as well as particular pollution, micro-solar generators can be used to generate the same power with no pollution footprint. India claims to already have installed over a million such systems, with millions more to go. China, the source of more greenhouse gases than even the U.S., is also a huge potential market for such systems, as is virtually the entire continent of Africa.

Bergamo Acquisition has developed a unique and effective funding process allowing the company to pursue its strategy of building a diverse acquisition portfolio of growth companies. One of these acquisitions is dedicated to the development and distribution of solar generators for cell phone towers, solar generators for home and industry applications, and solar operated tube well water pumping systems for developing countries in Asia, with potential worldwide application. Their water pumping system, for instance, uses a PV solar array to power the pumping of vital water in remote locations, avoiding the use of small-scale engines which are some of the worst polluters.

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