GLOBAL GREEN SOLUTIONS INC. (OTCBB: GGRN)

Dear Reader,

Today we bring you an important update regarding Global Green Solutions, Inc. (OTCBB:GGRN), a company smack dab in the middle of the white-hot environmental issue of global warming.  Global Green has created a way for companies to monitize their environmentally responsible business practices.  We strongly encourage you to review our previous profile on GGRN HERE and to review today's Breaking News (below) announcing the company's move to  accelerate its alternative-fuel initiative.  
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Breaking *NEWS* from Global Green

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Press Release Source: Global Green Solutions Inc.
Thursday July 26, 9:30 am ET

BRUSSELS, BELGIUM--(MARKET WIRE)--Jul 26, 2007 -- Global Green Solutions Inc. (OTC BB:GGRN.OB - News) -
Vertigro and SGCEnergia, the biofuels division of the SGC Group of Portugal, have agreed to form a joint venture company to produce Vertigro algae biodiesel feedstock. Vertigro is jointly owned by Global Green Solutions Inc. (GGRN) and Valcent Products Inc. (VCTPF).

The agreement calls for SGCEnergia to build and operate a Vertigro pilot plant near Lisbon, Portugal which will also serve as a research and development facility for Vertigro technology applications and projects in Europe.

"The Vertigro-SGCEnergia joint venture provides an excellent platform for commercialization of the Vertigro technology within Europe," said Doug Frater, President and CEO of GGRN, the Vertigro venture operator. "According to recent Frost and Sullivan research, approximately 9.5 million tonnes (224 million gallons) per year of biodiesel will be required to meet the European Union's directives that biodiesel become 5.75% of transport fuels. Our algae oil is the ideal solution to Europe's growing demand for biofuel feedstock."

"We are excited to team up with one of the world's leading providers of algae-to-biodiesel feedstock technology," said Vianney Vales, CEO of SGCEnergia. "This agreement is a significant milestone for SGCEnergia's planned production of second generation biofuels."

Construction of the pilot plant is slated to begin in late 2007. Under the terms of the agreement, SGC is committed to building additional large commercial-scale facilities in Portugal as well as other countries in Europe. Plants will also be built in Africa. As Vertigro algae thrives on the absorption of carbon dioxide, significantly reducing greenhouse gases, the plants will be constructed near major sources of carbon dioxide emissions.

Global Green Solutions Inc. (www.globalgreensolutionsinc.com) develops and implements ecotechnology solutions for renewable energy and reduction of greenhouse gas emissions. Global Green Solutions Inc. is a U.S. public traded company (OTC BB:GGRN.OB - News) with offices in Vancouver, San Diego, El Paso, New York, London, Brussels, Caracas and Johannesburg.

Safe Harbor for Forward Looking Statements: Except for historical information contained herein, the contents of this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices as well as other factors addressed in the company's filings with the Securities and Exchange Commission.

Contacts:

Source: Global Green Solutions Inc.
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About Global Green Solutions Inc.

Global Green Solutions Inc. ("Global Green" "GGRN") develops and implements ecotechnology solutions which focus on the development of sustainable renewable energy and the reduction of greenhouse gas emissions in energy industry applications. Global Green has offices in Houston, El Paso, San Diego, London, Brussels, and Caracas.

Greenhouse Gas (GHG) is a term used to describe gases harmful to the environment when emitted into the atmosphere. The Company's objective is the application of its solutions, technologies and services to reduce GHG emissions from oil and gas facilities and the development of projects designed for the production of bio-fuels and the sequestration of CO2.

Global Green also specifically targets emissions reduction projects in the oil and gas, production, processing and pipeline transportation sector, mainly for companies and operators with aging facilities.

In the recent past, Global Green acquired the assets, know-how, experience and proprietary methodologies of Sealweld International, including service contracts with their key employees. As part of the assets of Sealweld International, Global Green acquired a service contract to carry out a project in the Ukraine led by the United States Environmental Protection Agency - Methane to Markets Program.

Since December 2005, Global Green has invested in business development, sales and marketing activities and are presently negotiating contracts with government owned oil and gas companies in Europe, Central Asia and Latin America.

On October 2, 2006 Global Green entered into an agreement with Pagic LP, Valcent Products Inc., and West Peak Ventures of Canada Limited. Under the agreement, Valcent and Global Green Solutions Inc. will jointly participate in the development of a patent pending, bio mass system to produce hydrocarbons while sequestering CO2, by growing certain algae. This technology broadens Global Green's approach to mitigating greenhouse gases. 
A pilot project to demonstrate the commercial feasibility of the technology is being built in El Paso, Texas. The plant is expected to be operational by July 2007. The pilot plant has an estimated cost of $2,500,000, which is to be provided by Global Green. 

Global warming, which is primarily caused by greenhouse gas (GHG) emissions, is a serious threat to our planet.  The scientific community has ascertained that climate change, as a result of global warming, is causing significant damage to the environment and all living species.  To address this issue, many countries and international authorities are mandating GHG emissions reduction and less fossil fuel consumption. Alternative energy sources are also being explored and developed.

Global Green  recognizes that it is imperative that greenhouse gas reduction programs be financially attractive to its clients.  To meet this challenge, GGRN has developed a portfolio of innovative solutions, services, and eco-technologies for the energy industry that target both emissions reduction and renewable energy production.

The U.N-sponsored Kyoto Protocol has established a worldwide program that sets targets for industrial GHG emissions reduction, with financial incentives for companies implementing an emissions reduction program. The program offers project financing support and an international carbon emissions trading system that allows emitters to receive "carbon credits", which have a monetary value, as payback for emissions reduction.

Global Green applies advanced ecotechnology techniques to reduce industrial GHG emissions to support the Kyoto Protocol standards, while generating financial benefits for our clients. Using an innovative approach, Global Green Solutions provides the funding and the technology, and manages and implements the project. Global Green receives its compensation from a share the carbon credits generated from the emission reductions, and hence based on its project performance. The client profits from the reduced production losses and also from a share of the carbon credits generated.

Carbon Credits are measured in units of certified emission reductions (CERs). Each CER is equivalent to one tonne of carbon dioxide reduction. India has emerged as a world leader in reduction of greenhouse gases by adopting Clean Development Mechanisms (CDMs) in the past two years. Carbon emissions trading involves the trading of permits to emit carbon dioxide (and other greenhouse gases, calculated in tonnes of carbon dioxide equivalent, tCO2e).  It is one of the ways countries can meet their obligations under the Kyoto Protocol to reduce carbon emissions and thereby mitigate global warming.

The world's only mandatory carbon trading program is the European Union Emissions Trading Scheme (or EUETS). Created in conjunction with the Kyoto Protocol, a 1997 international treaty that took effect in 2005, it caps the amount of carbon dioxide that can be emitted from large installations, such as power plants and factories, in the EU's 25 member countries. 

A country (or group of countries) caps its carbon emissions at a certain level (this is known as cap and trade) and then issues permits to firms and industries that grant the firm the right to emit a stated amount of carbon dioxide over a time period. Firms are then free to trade these credits in a free market. 

Firms whose emissions exceed the amount of credits they possess will be heavily penalized. The idea behind carbon trading is that firms that can reduce their emissions at a low cost will do so and then sell their credits on to firms that are unable to easily reduce emissions. A shortage of credits will drive up the price of credits and make it more profitable for firms to engage in carbon reduction. In this way, the desired carbon reductions are met at the lowest cost possible to society.

Methane (natural) gas is a major contributor to global warming, with a global warming impact 21 times that of CO2. Oil and gas operations are the leading source of methane emissions, accounting for over 960M tonnes of carbon dioxide equivalent in 2000 (EPA, 2005), and expected to increase 50% between 2005 and 2020. 

This approach to plant emissions reduction is most beneficial in oil and gas-rich emerging economies, where there is a significant methane emission reduction opportunity and, too often, no technology or budget to pay for GHG emission reduction projects. In 2006, a Global Green demonstration project in the Ukraine reduced emissions on a small section of a natural gas pipeline transmission system which, as a Kyoto project, would have generated a carbon credit value of $1.5 million per year for 10 years.

In addition to global warming concerns, the high price of fossil fuels and geopolitical issues regarding fossil fuel supply are driving market demand for alternative fuels such as biodiesel. Some U.S. states, California for example, are mandating renewable energy use by publicly owned utilities. 

The U.S Department of Defense, the largest fuel user in the world, requires 75% of the new vehicles it purchases to be alternate fuel users. Currently, one third of the vehicle fuel consumption in Brazil is biofuels. Studies indicate that world market demand for alternative energy and biofuels will increase dramatically in the coming years. The U.S. Department of Energy projects a $70 Billion market in the U.S. alone by 2010, while Frost and Sullivan, international market consultants, expect an annual growth rate of 25% a year in Europe. The US Department of Agriculture believes that demand for biodiesel fuels will grow astronomically and account for 200 billion barrels produced by 2010. 

As a leader in the advent of renewable energy, Global Green recently announced it has acquired the exclusive license to develop and commercialize the "Vertigro" energy technology developed by Valcent Products Inc., which uses sunlight to convert CO2-rich waste gas into mass-produced algae-based vegetable oil to be used as a biofuel.

The Vertigro technology utilizes vertical farming techniques to produce yields in the range of 4000 barrels of oil per year per acre at a projected cost of $20 a barrel. The benefits of the Vertigro production process are cost effectiveness, utilization of non-arable land, and relatively low capital expenditure. This technology will have applications in the oil and gas, petrochemical and power generation industries with target markets in the USA, Latin America, Mexico and South Africa.

November 03, 2006 2005 set record for atmospheric greenhouse gas: UN
Heat-trapping greenhouse gases in the atmosphere reached a record high in 2005 and are still increasing, the UN weather agency said Friday... 

October 30, 2006 Global Warming Could Devastate Economy, British government report says unchecked global warming will devastate world economy
Unchecked global warming will devastate the world economy on the scale of the world wars and the Great Depression, a British government report said Monday, as the country launched a bid to convince doubters that environmentalism and economic growth can coincide...

U.S. Department of Energy - Alternative Fuels Data Center - What Is Biodiesel? How Is Biodiesel Made? The Biodiesel Market . 

The Bio Fuel Review - A primary news source for the biofuel, biodiesel industry.
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Other Recent News from GGRN

Press Release Source: Global Green Solutions Inc.
Tuesday July 17, 9:30 am ET

SAN DIEGO, CALIFORNIA--(MARKET WIRE)--Jul 17, 2007 -- Converting waste biomass to renewable energy with the lowest possible air pollution levels is the goal of Global Green Solutions Inc. (GGRN) (OTC BB:GGRN.OB - News), a worldwide ecotechnology company. GGRN was recently granted an experimental air quality permit by California's San Joaquin Valley Air Pollution Control District to demonstrate its ability to meet this challenge.

The permit allows GRRN to construct its Global Greensteam unit, a highly efficient combustion system that produces steam from waste biomass, on a site owned by Aera Energy LLC, one of California's largest oil and gas companies. Global Green Solutions' target is a major reduction in pollution levels, primarily nitrogen oxides (NOx). NOx forms ground level ozone, which is a key component of smog.

Currently, waste biomass is openly burned or discarded in landfills, but new legislation prohibits these methods. In addition to significantly reducing pollution levels, GGRN's Global Greensteam will meet California's requirements for disposal.

"We expect Global Greensteam will define a new Best Available Control Technology (BACT) standard for waste biomass," said Doug Frater, president and CEO. BACT is the most stringent limitation or control technique feasible for a specific emitting application. Factors determining BACT include energy, environmental and economic impacts.

GGRN and Aera are currently negotiating an agreement for multiple Global Greensteam units to provide steam to Aera's oilfield operations. GGRN plans to install Global Greensteam units at additional customer sites worldwide to provide both steam and electricity.

To read the complete release and disclaimer, Click Here

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 12, 2007 -- Global Green Solutions Inc. (OTC BB:GGRN.OB - News) (GGRN) announced the expansion of its Vertigro algae technology joint venture to target applications in multiple markets, including biofuels, food, pharmaceutical and health and beauty industries.

"Due to worldwide interest in the Vertigro technology and the results of our research, we have recognized the significant value of the algae for products in industrial, commercial and retail markets," said Doug Frater, president and CEO of Global Green Solutions.

To meet increasing multi-market opportunities, GGRN has expanded its exclusive commercialization rights and restructured its joint venture agreement with Valcent Products Inc. "Under the terms of the new agreement, Global Green and Valcent will each receive a 50% share of the venture and will contribute additional funding, which will allow us to expand our product research and development capabilities," said Frater.

GGRN's Vertigro business is based in El Paso, Texas, where a world class laboratory and research facility is nearing completion. The facility features a revolutionary high speed algae screening capability to determine the premier strains of algae and the optimum growth for the multiplicity of potential applications. The algae, which will be harvested and converted to algal oil for biofuel feedstock and other products, will be grown in state-of-the-art bioreactors. At the completion of the development phase, estimated for late 2007, small commercial plants will be constructed in North America, Europe and South Africa, with larger facilities scheduled to be built in late 2008.

To read the complete release and disclaimer, Click Here
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Leadership at Global Green

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Doug Frater is the president and CEO of Global Green and managing director of Global Green Solutions Ltd. (UK). He has 30+ years of experience in the energy industry, primarily in automation and control technology.  Prior to joining Global Green, he was a managing partner with Sigma Consult, where he was responsible for sales, marketing and business development to new technology and solution integration companies in the oil and gas markets. He also worked for Honeywell International Industrial Controls Business as sales vice president, Europe, Middle East and Africa and global director, oil and gas business and international projects.

Financial Highlights For GGRN

 Goals for the fiscal year ending November 30, 2007

Secure Phase II funding grant from International Utility Efficiency Partnership, US Methane to Markets Program or other global mechanisms, to carry out studies of potential greenhouse gas emission reductions across expanded sections of natural gas, high pressure, pipeline transportation systems in Europe and Central Asia.

Commence implementation of the Phase II Ukraine project funded under an International Utility Efficiency Partnership, US Methane to Markets Program or other global mechanism. Project to implement greenhouse gas measurement and reduction across expanded sections of Ukraine natural gas, high pressure, pipeline transportation systems.

• Determine commercial viability of CO2 bio sequestration technology.
• Determine commercial viability of a unique combustion technology utilizing agricultural waste to generate steam, targeting heavy oil companies.
• Explore the development of a consortium of strategic alliance partners related to carbon storage and gas emissions re-injection for oil and gas reservoirs.
• Explore feasibility of Carbon Development Mechanism projects in Southern Africa related to the GHG emissions reduction in the oil and gas industry. 

Fiscal Year End: 11-30 Recent Trade: 1.01 (07-26-07) 52wk Range: 0.55 - 1.40 Shares O/S : 34,942,544 as of Feb 28, 2007 Est. Market Cap: 35,641,394 as of Jul 25, 2007 Primary State of Incorporation: Nevada Country of Incorporation: USA Transfer Agent: Pacific Stock Transfer

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