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GA Announces New Joint Venture in Colombia

The Global Advances Group has joined OE Technologies (China) and Green Fair Trade Business (Colombia) to form OE Green S.A.S., a new joint venture in Colombia with the mission to catalyze a the renewable energy sector in Latin America through the development of alternative energy sources, the reduction of CO2 emissions and increasing access to alternative energy in both urban and rural environments.

OE Green is a specialized manufacturer of renewable energy products and business developer for landmark alternative energy projects with a special focus on Colombia and the Latin American region.For additional information, visit: www.oegreengroup.com

Partnership for Green Technology Development in Latin America

green-techIn light of the Republic of Colombia’s recent signing into law of a new clean energy policy on the 13th of May, 2014 that aims to boost new sources of renewables and reduce dependence on oil exports, Global Advances Group has formed a strategic alliance with Green Fair Trade Business: an entity of commercial and industrial nature that works to promote trade and commerce initiatives related to social inclusion, technology transfer and acquisition, mining and agricultural activities.

The objective of the alliance is to unite the knowledge, contacts, experience and ideas for the purpose of developing projects in Colombia and throughout Latin America that generate inclusive and sustainable business practices. The business undertaken will focus on technologies that prove to be economically profitable, environmentally and socially responsible, and that coincide with the framework of mutual benefit for the communities in which they are to be implemented, while improving the quality of life for low-income and vulnerable populations.