Wave Energy (FWE) of Colorado hoping public entity will help drive capital availability to implement integrated geothermal / comprehensive energy efficiency solutions
FWE is a geo/solar climate change solutions company founded and managed by a team of Colorado and Silicon Valley alternative energy engineers, engineers, and financial professionals. The business has applied for a name change to Wave Energy and for a new stock-trading symbol. Included in the Fourth Wave Energy co-founders and leadership group are:
- Alex Parrillo is a long-time business adviser and climate activist with experience developing energy-saving infrastructure improvement projects.
- Brent Mosbarger is a top alternative energy engineer who managed de-carbonization jobs for energy services companies across several states for decades.
- John Balbach is a pioneering climate options executive with a multi-decade livelihood scaling businesses, investment funds, and international foundations, facilitating financings of over $2 billion for clean energy and climate solutions companies and jobs; and
- Babu Jain is a noted top Silicon Valley solar engineer that has launched several effective renewable energy companies.
The business has developed and intends to advertise the Fourth Wave Energy System, a thorough geo-solar building system that allows business and home owners to achieve zero carbon emissions with no utility bills.
The Fourth Wave group also includes financial executives and advisors with extensive Wall Street and capital markets experience taking businesses from startup to NASDAQ and NYSE listings. FWE will initially focus on the growing net-zero housing marketplace by developing zero energy only and multi-family homes and sustainable communities in partnership with local builders in multiple markets.
500,000 zero energy prepared (ZER) houses are anticipated to be constructed in the U.S. by 2028, up 15 times the roughly 30,000 that exist today.
Joe Isaacs, Pierre’s Chief Executive Officer.
“Based on the growing urgency of the climate catastrophe, it is critical that the entire world rapidly decarbonize the constructed environment. Buildings account for almost 40% of carbon emissions, with 62% of their power being produced from fossil fuels. Net zero energy buildings must be a crucial part of the green movement and that is where we focus,” stated”
The business is likely to leverage its technology and achieve commercial scalability supplying zero carbon homes and warehouses. Greening the building market is an exciting part of this energy sector with massive market potential. Fourth Wave control believes they have a huge chance to accelerate the transition to zero carbon buildings.
The Fourth Wave Energy System includes a Range of innovative technologies in a totally integrated platform which includes:
- Solar photovoltaics
- Battery storage
- Geothermal ground-source heating and cooling
- Highly insulated walls and windows
- Energy recovery ventilation
- Air filtration and air quality monitoring
- Heat pumps
- DC LED lighting
- Electric vehicle charging stations
The business has kept the Silicon Valley patent/IP law firm of Mahamedi IP Law, LLC and will be preparing to record trademark and researching patent protections on the FWE name and system both in the US and internationally. The PIRE stock transactions on the OTCQB marketplace and management strategies to proceed into the NASDAQ marketplace if and when it meets the qualifications.
FWE intends to build its first pilot projects in Denver, San Jose and Dallas, and hopes to get strategies under construction by mid-2020 with original industrial earnings from Q-4, 2020. The company intends to expand its marketing efforts to additional cities by 2021.
