LHGI intends to acquire a Green Energy Startup that can cut 20% off electricity bills
Updated: Nov 27, 2019
Las Vegas, NV, 17 October 2019 Lighthouse Global Holdings, Inc (ticker: LHGI) announces its intention to acquire a new Green Energy Startup that claims to be able to cut 15% to 30% off electricity bills for any buildings or homes.
It seems like the new Startup's patented Nanotechnology will enhance Energy Efficiency (EE) to eradicate electrical wastages and ultimately help cut down on electricity bills and consumption anywhere in the world.
The world uses a lot of energy, estimated to amount to over 1.3 quadrillion British Thermal Units (BTUs) or about 1.4 million terajoules per day from all sources. In the U.S. alone, energy costs run about $1 trillion per year, almost 10 percent of the Gross Domestic Product (GDP). Today, most energy comes from fossil fuels: crude oil, coal, and natural gas. Fossil fuels are refined into gasoline, diesel, or other fuels, or converted into other forms of energy such as electricity, which in turn power homes, buildings, factories, vehicles and equipment.
The world is rushing to adopt renewables and by 2050, we should see 50% of world energy demand will be met by renewable energy, mainly solar and wind. However, will it be soon enough?
Climate Analytics announced that the global mean warming had reached 1 Celsius above pre-industrial for the first time. It is a signal from the climate system that time is running out if we are to be able to reduce emissions fast enough so as to hold warming below 2C, and ultimately below 1.5C by 2100.
Danny Lim, the CEO of LHGI, commented: There is an urgent need to maintain the CO2 emission and cope with global warming as renewables replacefossil burning. The best way is to reduce consumption. However, that is easier said than done. Energy production is rising every year to cope with demand as cities get bigger and the city population continues to grow. We must solve that energy demand. The only way is to eliminate wastages. We estimated there are at least 15% to 30% of electricity wastages in every building and household. We have a solution to cut everyone's electrical bill by 15% to 30%, without change of equipment, installation and appliances and interruptions.
Renewable Energy does offer the world an exit to reduced burning fossil fuel but it consumes a lot of power in its production, transportation and installation. If there is a way to cut down wastages on electricity consumption, that may help to stunt the climate warming process. If this new startup really works, and provided it will be able to quickly deploy and be used worldwide, the world may stand a chance to fight global warming and hold on its CO2 emission as the renewables ramp up its deployment.
In a way, wouldn't this startup be like a CO2 disruptor?
Yes, it is a CO2 Disruptor!, Danny exclaimed. If we can raise the first $2 million fast, we will possibly be able to multiply it 10 times every year. Deployment is magically simple and fast. We will change their business model to accelerate adoption by building owners, especially hospitals, hotels, airports and data centers that operate 24 hours. We will install it for FREE and collect their 20% savings over a period of 3 to 5 years. That is how confident we are in this product. Imagine, US alone spends $1 trillion a year in energy consumption. Not to mention we have the world to cover. By 2025, we hope to be able to reach every major building and every electricity guzzlers in the world. That is only the beginning. Next will be the millions of homes.
Indeed, if this magical product is truly able to save electricity consumption by 20%, it would be a CO2 disruptor. We'll have to wait for the product to be deployed and prove itself.