Astra Energy Inc. Stock Analysis ASRE

Astra Energy, Inc. is a technology acquisition company, which engages in the development of clean energy projects. The company is headquartered in Sarasota, Florida. The company went IPO on 2004-08-10. The firm is engaged in the acquisition and development of technology in the waste-to-energy and power amplification and in the clean and renewable energy project sector. The company focuses on advancing a 350 MW (Megawatt) Combined Cycle Gas Power Plant project. The firm also advances the Clean Energy Park project on the island of Zanzibar which includes a 42.5 MW solar farm combined with a waste to energy system to convert 15 tons of municipal solid waste per hour into 7.5 MW/hour of electric power and battery storage. The project enables the island to dispose of all its garbage, thereby avoiding the need for a garbage landfill.