Uv Natural Sale

Chennaiites looking up to solar energy

Rising fuel prices, frequent power cuts and the overall costs that accompany the use of electrical devices have forced many households and institutions in the city to look beyond conventional sources of energy, especially at solar power.

Suppliers point to a nearly-ten per cent-increase in the sale of solar devices in the city in the past one year. According to K. R. Jagadeesh Babu, General Manager, Solkar Solar Industry, the number of players in the solar energy market has increased from 50 to 75 this year with most of them based in Chennai. Solar water heaters, solar streetlights and solar inverters are gaining demand too, he adds.

The State government's proposal to build 1.8 lakh green houses with rooftop solar panels could play a decisive role in altering public perception, says Ajit Kumar Kolar, founder and convener of the IIT-Madras Energy Forum.

While regular solar water heaters cost up to Rs. 20,000, the new tube-shaped ones that absorb solar energy easily in 2-3 hours cost lesser, say users. “Many households on ECR and in Velachery are going for them. The only complaint that we get is of the glass panel getting broken,” says Harish Kumar, a distributor of Tata –BP solar water heaters. Sometimes, panels with low-quality stainless steel are a problem too. “We left it for a year. Without maintenance, it gets eroded,” says S. Raghavan, who has been using solar heater for five years now.

While solar energy utilisation for power generation may not be economic for individual households, it can be ideal for a set of houses, say U. V. Krishna Mohan Rao, a resident of Madipakkam. With solar water heater, natural lighting systems, LEDs and a solar panel, Mr. Rao's household spends just about Rs. 50 on electricity a month. His investment was about Rs 2.5 lakh three years ago. “Pipes that directly harness solar light to offices and houses that remain dark even during daytime is something that can be easily done,” he says.

Though almost 70 per cent of solar appliances are manufactured in the country now, they are only for small-scale usage, and the invertors and cells are still being imported, says Narasimhan Santanam, Director, Energy Association of India. “While solar water heaters have a payback time of 2 years, it takes 10 years to recover the capital cost of solar lighting system. A system of one kilo watt capacity will cost nearly Rs.2.2 lakh,” says Sikkander Amin, managing partner of Solarys Energy Solutions. But, if 1,000 houses instal water heaters, nearly six megawatt of electricity can be saved per year, he adds.

Natural Gas Stocks News; (OTCBB: AAPH) Starts Natural Gas Sales ...

This inaugural gas sale event will be calculated at a Barrel of Oil Equivalent (BOE) sum at a 6:1 ratio of MCF gas to barrels of oil and will be combined with oil production figures as shipped from the tanks at month end once actual numbers are tabulated and made available by the operator.

The Company is now projecting, with the added BOE gas, that the cumulative daily net production total has now increased to 155 BOE and we are confident of reaching this total during the month of July. This cumulative number represents oil and gas production from four wells in Oklahoma and two in Kansas.

At 155 BOE per day production rate, the Company is now estimating over $5 million a year in cash flow projections at $90 oil prices. As reported previously, this injection of revenue will be instrumental in meeting our planned development costs as additional offset to the producers, including another horizontal well are now in the final planning and scheduling stages.

About American Petro-Hunter, Inc. ( OTCBB: AAPH )

The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the “hunt” for domestic petroleum assets. Visit us at: www.americanpetrohunter.com

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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