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Green Star Alternative Energy, Inc. (PINKSHEETS: GSAE) continues to issue positive news this week, and as the demand for clean renewable energy solutions continues to skyrocket, investors are urged to continue monitoring the stock. Yesterday after the markets closed, the company, which is working to develop more than 300 megawatts of clean wind energy, issued a press release announcing the acquisition of a wind measurement system from NRG Systems.

More great news for the company! The press release states that this wind sensor will assist Green Star in further evaluating targeted wind farm locations within the Republic of Serbia and Europe. The Company's development plan includes 300 MW of installed power capacity -- producing renewable, eco-friendly electricity from wind energy.

The initial region of examination will include the Autonomous Province of Vojvodina, in the north of the Republic of Serbia. This area is of significant interest because it experiences some of the most constant winds in the region and offers excellent capability for wind energy generation and transmission. Nearly two-thirds of the surface area of Vojvodina AP features wind speeds exceeding 4 m/s. Greater potentials can be found in several locations: Zrenjanin, Bela Crkva, Indija, Irig, Sombor, Novi Sad and Vrsac. The wind measurement system will allow for additional data to be collected and provide further precision to the extensive studies that have been conducted by the national Meteorological Institute, and the University of Novi Sad, in Vojvodina.

NRG Systems is an American company based in Vermont and has served the wind energy industry for over 25 years. The 50-meter XHD NRG TallTower is a highly versatile meteorological tower designed specifically for wind resource measurements.

This week the company also reported the development of a new wind energy project in the Republic of Serbia. It will be the country's first alternative energy project to generate renewable, emission-free power from wind. That press release states that the 20 Megawatt (MW) Belo Blato wind farm will be the initial phase of a 300 MW development plan! Highlights from the press release include: