Far East Wind Power Signs LOI With Malama Composites

Far East Wind Power Corp. has signed into a letter of intent (LOI) with San Diego-based Malama Composites Corp. to develop a collaborative agreement for the production of new technologies specific to the wind turbine-manufacturing sector.

Malama Composites manufactures proprietary rigid polyurethane foams made from plant-based resins. The company utilizes polyols derived from soy, castor, jatropha or algae to produces new core materials.

‘Given the global environmental context which drives the alternative energy sector in the first place, a significant part of our mission at Far East Wind is to find new solutions to drive costs out of the manufacturing process while at the same time to introduce new green technologies and partnerships that enhance and firmly stake out our role as responsible innovators in the industry,’ says Marcus Laun, director of Far East Wind.

SOURCE: Far East Wind Power Corp.

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