GULFPORT, Miss.--(BUSINESS WIRE)--
Solar America Corp. (SOLX) is pleased to announce the it has made the first shipment of products to the Los Conejos housing project in Tonlola, a suburb of Guadalajara, Mexico. This shipment comes as a result of the Memorandum of Understanding between Solar America and Valdez Cueva Constructores Asosiados, the project's principal contractor.
“This is an exciting day for Solar America,” said CEO Robert Bludorn. “Not only are we proud of the contribution we are making to the Los Conejos project, but because this is the first step of Solar America's engagement in Mexico, a country in which we hope to develop other new solar projects.”
Showcasing Solar America's Solar Power Stations and Solar Lighting solutions, The Los Conejos project will provide renewable energy to a planned community of 700 homes. This is just the beginning for Mexico, which has been identified as a region prime for growth in the solar market due to increased consumption and relatively high prices.
In a recent Bloomberg article, President of the Asociacion Nacional de Energia Solar, Alvaro Lenz-Herrera, stated, “The 500,000 residential users that pay the highest rate for electricity are a key market for solar energy.” Solar America is positioned to participate in this growth, beginning with the Los Conejos project.
About Solar America Corporation
Solar America Corporation intends to commercialize and distribute innovative solar energy products and solutions. Solar America intends to capitalize on its position in the alternative energy sector to develop cutting-edge solar technologies. Solar America common stock is traded under the symbol SOLX. For more information please visit www.solaramericacorp.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.
Robert Bludorn, 337-214-0097