EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Premier Power Renewable Energy (OTCBB:PPRW - News), a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets in the U.S., Spain and Italy, today announced that it has completed the installation of multiple solar systems for the County of San Joaquin in California.
The projects will generate approximately $1.3 million in revenue for Premier Power and will utilize a combination of different solar module technologies, including Suntech crystalline modules, SunPower Powerguard modules and the first U.S. installation of Solyndra modules.
In constructing their first new buildings in approximately 40 years, San Joaquin County seized the opportunity to go “green” with its new administration building and new agricultural center. With the help of Premier Power’s design and engineering team these solar photovoltaic systems are expected to generate approximately 250,000kWh of “green” electricity per year, offsetting the County’s consumption of fossil fuels. Additionally, San Joaquin County was able to LEED certify their new agricultural center, and avoid approximately 201 tons of greenhouse gases in year one by using these solar photovoltaic systems.
“This project required a significant degree of design and engineering expertise,” said Dean R. Marks, Chief Executive Officer of Premier Power. “After researching many alternative energy options the County of San Joaquin chose Premier Power because of our unique design and our ability to be technology agnostic. As a company, we were excited to be involved with the County’s efforts to become an environmental leader in California.”
About Premier Power
Premier Power Renewable Energy, Inc. is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial, governmental and residential customers throughout North America and Europe. Premier Power designs, engineers and integrates the solar industries leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and trades on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.
FORWARD-LOOKING STATEMENTS
This release contains certain "forward-looking statements" relating to the business of Premier Power Renewable Energy, Inc. (“Premier”), which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to reliance on a limited number of customers, market demand, cyclical nature of our markets, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Premier's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting Premier will be those anticipated by Premier. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Investor Contact:
MKR Group, Inc.
Charles Messman & Todd Kehrli
323-468-2300
pprw@mkr-group.com
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