Financing Partnership Forms the Strategic Link to Bring Funding Resources for Multi-Megawatt Solar Power Projects Domestically and Abroad
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"This MOA grants ZebaSolar the right of first refusal to finance and own any of the more than 40 Megawatts currently in Clear Skies' project pipeline - with an approximate value of
Clear Skies continues to move forward developing its multi-megawatt project pipeline in
"As the world moves toward the clean power solution that solar energy technologies offer, we believe that we are strategically positioned to benefit greatly as the global economy recovers," said Green.
ZebaSolar President and Executive Director Shahal Khan - who has been invited to speak at the CleanTech Equity 2009 conference in
"Our business strategy is to build a strong portfolio of solar power generation projects with a focus on the U.S.,
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com.
About ZebaSolar, www.zebasolar.com
ZebaSolar is a world leader and developer of solar energy power projects in
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Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
SOURCE Clear Skies Solar, Inc.