Established in 2012, TerraGen ESL has been engaged in research and developme nt onrenewable energy with its main focus on gravity as a source of unlimite d and constant energy supply. Rethinking power generation for a sustainable global energy solution is not just a slogan, it forms the core of our work.
This is the second stage of a rollout plan is to build sample units of the Terr aGen gravity powered portable generator, strengthen relationship with manufa cturers and secure more sales and purchase agreements with off-takers.
TerraGen seeks to raise US$ 3 million. The IRR is estimated at about 80% and the investment is expected to create 50,000 jobs over a 5-year period and r educe CO2 emissions by about 1.8 MT per annum. The orders generated will hel p to raise the remaining investment needed to get the assembly plant fully r eady for mass production.