Astra Energy (OTCQB: ASRE) today issued a letter to its shareholders from the company’s CEO and Chairman Ron Loudoun that discussed the first half of 2023, the company’s business momentum and expected continued progress. “The overall timing for the clean and renewable energy sector as well as for the company could not be better. The demand for solutions has never been greater. The business case for each respective technology will support broad market adoption. Further, both the Zanzibar and Tanzanian projects have gained support and commitments from local officials as well as the U.S. Chamber of Commerce. Studies, reports, engineering etc. are underway, as well as initial discussions surrounding power purchase agreements,” Loudoun states in the letter. “It’s very noteworthy that Astra intends to own and operate these projects as an independent power producer, selling the power to the state-owned utilities via a long-term power purchase agreement. As a result of a diligent work ethic and solid business fundamentals, Astra is well positioned to capitalize on these business opportunities and create an influx of deals.”
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About Astra Energy Inc.
Astra is an integrated solutions provider investing in and developing clean and renewable energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs. Astra’s corporate strategy is rooted in securing technologies and assets; identifying viable market opportunities; and bringing together resources, expertise, technology and defined action plans to execute first-in-class projects that benefit communities, local economies, the planet and the company’s investors. Its goal is to create a more secure and sustainable power sector that supports the company’s purpose, mission and values to transform the economic, environmental and social landscape for generations to come. For more information on Astra Energy, visit the company’s website at www.AstraEnergyinc.com.
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