GreenHouse Holdings, Inc. (OTCBB:GRHU.OB) and ten tequila distilleries, members of the largest and most profitable export industry in Mexico, announced that they are becoming more energy efficient and environmentally sustainable as mandated by recently enacted regulations. The distilleries have entered into agreements with GreenHouse Soluciones, a wholly-owned subsidiary of Southern California-based Greenhouse Holdings, Inc., a leading provider of energy efficiency and sustainable infrastructure. The agreements are expected to generate over $8 million in revenues for GreenHouse in 2011.
GreenHouse will remove approximately 600 tons of solid agave waste per day from its initial ten Tequila customers, which represents approximately 33% of the total agave waste from the area. The Company estimates it will receive approximately $1.7 million annually in revenues based on the initial ten customers. In addition, GreenHouse plans to convert the waste to compost and sell fertilizer to local farmers which can in turn be used to protect the soil of the region. The company estimates they will be able to produce approximately 120,000 tons of compost fertilizer per year, which equates to approximately $6.5 million in additional revenues for GreenHouse.
For every liter of Tequila produced, ten liters of liquid waste known as Vinassa and 5-6 kilograms of solid waste fibers known as Bagasse is also generated. In 2009 alone, 249 million liters of Tequila were produced along with 1.245 million tons of fiber waste. Small and mid-sized Tequilerias make up approximately 50% of all Tequila produced in Mexico, and often don't have access to the resources needed to properly dispose of their waste as is required by local laws. As a result, much of the waste is dumped into local streams and city dumps, creating a host of environmental hazards and health concerns, and the contamination of Mexico's water supply.
"We are working with the environmental agencies in Mexico who monitor how waste is treated so that the smaller Tequila producers can properly compost and/or dispose of their waste," commented Alex Viecco, Director of Operations for Greenhouse Soluciones. "These tequila companies came to us for a solution to the waste problem and we will work with them on managing these issues so that they can be environmentally efficient while maximizing their revenue."
"Within the Tequila industry, there are significant opportunities to boost the local economy through job development and the improvement of the environment while increasing the quality of the Tequila," said Congressman Gustavo Macias Zambrano. "I encourage the collaboration between GreenHouse and these agencies to develop a long-term, sustainable plan for the region."
With the potential capacity of accepting as much as 2,100 tons daily of solid waste per day, GreenHouse Soluciones will be making a large contribution to improve the problems facing the industry and hence improving the local and global ecology.
About GreenHouse Holdings, Inc.
GreenHouse Holdings, Inc. is a leading provider of energy efficiency solutions and sustainable infrastructure products. The company designs, engineers and installs disparate products and technologies with visible return on investment, enabling our clients to reduce their energy costs. Its target markets for its energy efficiency solutions include residential, commercial and industrial, as well as government and military markets. In addition, the company develops designs and constructs rapidly deployable, sustainable infrastructure primarily for use in disaster relief and security in austere regions. For the GreenHouse YouTube channel visit: http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.
To learn more about GRHU visit: http://www.greenhouseintl.com
Signup for FREE Daily Stock Alerts From CRWEFinance.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEFinance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEFinance.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://crwefinance.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock.Crown Equity Holdings Inc. (OTCPK:CRWE) has received ten thousand dollars in cash and anticipates another ten thousand dollars in cash from the company for 60 days of advertisement services for Green House Holdings, Inc. (OTCQB:GRHU). In addition to the cash, Crown Equity Holdings Inc. (OTCPK:CRWE) also anticipates receiving 20,000 shares of 144 restricted stocks from a third party.