TGI Solar Enters into Strategic Alliance Agreement with NOVOSOL.

TGI Solar Enters into Strategic Alliance Agreement with NOVOSOL.

Freehold, NJ, October 28, 2015 -- TGI SOLAR POWER GROUP INC. (PINKSHEETS: TSPG) a diversified technology company enters into Strategic Alliance Agreement with NOVOSOL. TGI will assist NOVOSOL with project management, engineering, marketing and recruiting personnel.

For more information please see www.otcMarkets.com under ticker symbol "TSPG".

 "We’ve been working on closing of this project for over six months, working out details with NOVOSOL management, trying to define points of collaboration as well as profit centers for both companies. TGI is looking to become service oriented technology and management organization catering to alternative energy and beyond, " commented TSPG management. 

About NOVOSOL

NOVOSOL Power was established in Canada in 2011 to commercialize advancements in low cost traditional and alternative power by leveraging financial, supplier and service relationships. As of 2014 NOVOsol as a registered power development company in Brooklyn NY USA, in Toronto Canada, in Accra Ghana and Manila Philippines has acquired over 600 MW of major power projects, developing the financing for site assembly and power production and through local business units will operate and maintain the energy power facilities.

NOVOSOL executive management, have well over 100 years of experience in the Energy and Industrial Sector including international project management, power plant design, construction and operation and the energy trading market. Under joint venture agreements global and domestic EPC and Power equipment supplier companies and NOVOsol provide project and engineering support for the current projects in the Philippines and West Africa.  

NOVOSOL took the project development initiative and has acquired the Land Rights, Power Contracts and Operating Licenses to build and sell power for the over 600 MW of power facilities under the relevant country Power Purchase Agreements. NOVOsol is also supplying private power generation system to remote and under-served communities to provide the needed economic stimulus to allow the purchase of power.

Currently over 500 MW of power projects are “shovel ready”, permitted and ready for construction. They include 170 MW of solar photovoltaic projects, 20 MW of concentrated solar projects, 50 MW of wind farm projects, 180 MW of clean fuel biomass, natural gas and propane energy projects as well as 65 MW of PV hybrid alternative, clean fuel and battery storage systems.

Our project designs are a combination of the major engineering and system suppliers and current technology innovators. NOVOsol draws on a global source of new, surplus and remanufactured products that are available for immediate deployment. Project designs are modular and repeatable providing the right combination of low capital cost and fast installation to first power in order to achieve the energy supply capability with the right economics.

Developed projects incorporate permanent and long-term rental power generators and if required fuel storage and fuel supply logistics, operations and maintenance services and in-country business formation and management. We also incorporate a range of NOVOsol performance products and remote information services that provide information access, uptime and reliability and increase the revenue from power production.

About TGI Solar

TGI SOLAR POWER GROUP INC. is a diversified holding company. TGI's strategy is to acquire new-patented technologies, components, processes, designs and methods with commercial value that will give market advantage and generate shareholder value.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.

For further info

info@TGIpower.com