Astra Energy (OTC: ASRE), a renewable and waste-to-energy project developer and technology acquisition company, today announced initiation of joint ventures to develop and deploy energy transformation opportunities to meet Africa’s rising demands for modern renewable energy sources. The company is taking significant steps to achieve its vision to develop clean energy projects that empower communities, protect the environment and shape a sustainable energy landscape for future generations. As part of its market penetration strategy, Astra has entered memorandums of understanding in joint ventures with M&E Associates, one of Uganda’s biggest and most experienced local engineering consulting firms, and Muttico Technical Services Ltd., a large, local high voltage powerline and substation construction and maintenance contractor. Through these joint ventures, the two companies will benefit from Astra’s ability to raise affordable project financing as well as its team of highly experienced technical personnel gathered to successfully propel the projects forward.
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About Astra Energy Inc.
Astra Energy is an emerging company in project development and renewable energy technology. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is opportunity to address other imminent market needs, while cultivating a portfolio of intellectual property and global licenses for innovative renewable energy technology and generating projects to deploy that technology. 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. For further information about Astra Energy, please visit the company’s website at www.AstraEnergyInc.com.
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