The wheels are in motion.."06 June 2005 Renewable Energy...

The wheels are in motion..

"06 June 2005

Renewable Energy Holdings plc

TRADING UPDATE


Renewable Energy Holdings plc (“REH” or the “Company”), the AIM listed investor in proven and innovative renewable energy technologies, today announces that commercial agreement has been reached on its first two renewable energy projects; a 42MW wind farm in Germany and a 2MW landfill gas project in Wales. Legal due diligence is now underway on both projects, which the directors believe can be completed from existing resources. Discussions continue with regard to biogas projects and wind farm projects in Ireland and across Europe.


CETO Device

The Company’s CETO Device, a unique wave energy extraction device, has been ballasted, towed to deeper water and sunk into position on the sea bed, and is now being subject to further testing.



Renewable Energy Holdings
Binns & Co PR Ltd
Corporate Synergy Plc

Mike Proffitt, Chief Executive
Paul McManus
John Prior


Tel: 020 7153 1485


Tel: 01624 64 11 99
Mob: 07980 541 893
Tel: 020 7626 2244"


Anybody heard anything more about CETO?? The country's fresh water supply (or lack thereof) seems to be getting worse by the day - the sooner this technology get commercially up-and-running the better.