3POWER ENERGY GROUP INC
OOTC:PSPW0.00
USD
0.00
(0.00%)
ISIN
US88580V1044
CUSIP
88580V104
Return %
Stock
S&P 500
1Y
-66.67
14.20
3Y
-94.74
81.12
5Y
-99.67
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.Company Description
- CEO
- Sharif Rahman
- Full Time Employees
- 6
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Sh. Rashid Building Dubai DU United Arab Emirates
- IPO Date
- Nov 8, 2005
- Website
- 3powerenergy.com
- Similar Companies
- Business
- 3Power Energy Group, Inc. focuses on establishing, constructing, and overseeing power generation facilities. The company produces electricity from a range of sustainable sources, including solar, wind, hydroelectric, and biomass technologies. It maintains a global approach to developing utility-scale hydropower plants, with a notable emphasis on projects within the Balkan region. The company holds a significant interest in a hydro-electrical endeavor on Albania’s Shala River, representing an overall installed capacity of approximately 127.6 megawatts. This includes a specific 35-year concession agreement secured in 2018 for an 83.45-megawatt component within the Shala project, encompassing the Lekaj, Breg Lumi, and Vajvishti plants. Initially established in 2002, the entity was formerly recognized as Prime Sun Power Inc. before officially adopting the name 3Power Energy Group, Inc. in March 2011. The firm is based in Dubai, United Arab Emirates.