2008-07-16 08:00:00
GILBERT, Ariz.–(EMWNews)–Evolution Solar Corp (OTC: EVSO) is in receipt of a request for bid to
install a solar array for a North Eastern American municipality. This is
the second request for bid in a schedule of over ten such energy
projects from an Accredited Energy Services Company (ESCO).
“The Solar Array is part of a very large
energy project estimated to be in excess of $20 million,”
stated Robert Kaapke, CEO Evolution Solar. “The
600 kilowatt inline and in-grid solar array uses 200 watt panels and is
designed to return excess energy to the power grid.”
Evolution Solar recently announced entering into the first in the series
of bid requests, beginning with a 34kw system. This second request
includes a separate and distinct 600-kilowatt solar array project.
An ESCO is an industry standard of excellence and designated by the
National Association of Energy Service Companies. For more information
about Accredited Energy Services Companies, please visit their web site
at: http://naesco.org/.
“The United States currently generates less
than 0.1% of it’s electricity through solar
energy,” Mr. Kaapke explained. “I
believe we could be as much as 10% solar by 2012.”
The Energy Information Administration predicts world energy demand will
grow 50% by the year 2030. First Solar Inc. (NASDAQ: FSLR) has landed
its first U.S. solar-power plant project – a 7.5-kilowatt plant to be
built near Blythe, Calif., to serve Southern California Edison by
October 2009.
The majority of all major photovoltaic manufacturers continue to expand
production. SunPower (NASDAQ: SPWR) of California has added more than
625-megawatt capacity at its Philippines facility, while Applied
Materials (NASDAQ: AMAT) has moved aggressively into the sector in the
past few years. Germany’s SolarWorld is
aiming to reach 500-megawatt production by 2010.
About Evolution Solar Corporation
Evolution Solar Corporation, (OTC: EVSO), commercializes leading edge
alternative solar energy technologies and related photovoltaic
technologies, equipment and next generation appliances. Evolution Solar
is an emerging industry leader capitalizing on its understanding of
solar technology and supporting the development of alternative energy
plans for large corporations and government organizations. Evolution
Solar is also an expert consultant agency to organizations in their
strategic and procurement plans for alternative energy contracts with
public utilities. For more information please visit our homepage at: http://www.evolutionsolar.com
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: This news release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including statements that include the words “believes,” “expects,”
“anticipate” or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of the company
to differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone’s
past success, either financial or strategic, is no guarantee of future
success. This news release speaks as of the date first set forth above
and the company assumes no responsibility to update the information
included herein for events occurring after the date hereof.
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