Global Resource Energy's Affiliate Develops Strategic Partnership with Pacific Coast Agency

Global Resource Energy Inc. announce that its affiliate, Kardings America, has developed a strategic partnership with Pacific Coast Agency Lighting of Vancouver, Canada.

Pacific Coast Agency is an indoor lighting distributor and represents more than 15 different brands and specializes in providing complete solutions to companies looking to reduce lighting costs by switching to efficient, green technologies. Kardings intends to formalize its partnership with Pacific Coastal Agency in the coming weeks.

Kardings will continue to work with Pacific Coast Agency to further acquire business in the Interior LED lighting industry, and industry that is growing at over 40% per year worldwide.

The same supply conditions that reduced the price of LEDs increased the demand for packaged LEDs in lighting applications from $1.2 billion in 2010 to $1.8 billion in 2011. System efficacy, rather than LED efficacy, was the gating factor in 2011. The LED luminaire and replacement lamp market was $9.3 billion in 2011, an increase of 45% over 2010. The market for LEDs in lighting is expected to demonstrate substantial unit growth over the next five years, but revenue growth may be lower due to pricing pressure although margins can be maintained due to reducing costs of raw materials.

Kardings is a multi-national green energy company designed to help bring eco-friendly technology to the market. Kardings offers LED Street Lights to all municipalities and can access a special fund called The Hero© program which was established specifically for green initiatives in municipalities.
 
The company (GBEN) currently holds the exclusive license on the sale and distribution of CLED street lights manufactured for Kardings in Dongguan City, China and is negotiating with Patedma Group Corp, owner of the Kardings America brand, to further strengthen its partnership.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan – 17 June 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the addition of the Direct Mountable Chip Series (Part Number: NVSWE21A-V1) to the portfol... READ MORE

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of XLamp® Element G LEDs, delivering a new product class with unmatched light output and efficiency for LEDs of this size. The... READ MORE