GLOBTEC: A PIONEER IN GREEN ENERGY

Globtec has been a pioneer in Green Energy since 2012. We were one of the first companies to recognize the potential of renewable energy sources such as solar and wind power. We invested heavily in green energy projects, and we were rewarded with strong returns on our investment.

However, in recent years, we have become increasingly concerned about the political interference in the Green Energy sector. Politicians from all parties have been making promises about their commitment to green energy, but these promises have not always been translated into action.

In addition, the grid and supply chain issues have made it increasingly difficult to do business in the Green Energy sector. The grid is not always able to handle the amount of electricity that is generated by renewable energy sources, and the supply chain for renewable energy components is often unreliable.

As a result of these challenges, we have made the difficult decision to withdraw from the Green Energy business. We will continue to monitor the situation, but at this time, we do not believe that it is a viable business for us.

We are committed to sustainability, and we believe that renewable energy sources are essential for a sustainable future. However, we are also a business, and we need to make decisions that are in the best interests of our shareholders.

We hope that the political interference in the Green Energy sector will soon come to an end, and that the grid and supply chain issues will be resolved. If these conditions change, we may reconsider our decision to withdraw from the business.

In the meantime, we will continue to invest in other sustainable technologies, such as energy efficiency and storage. We believe that these technologies have the potential to make a significant contribution to a sustainable future.