Clear Skies Builds Job Pipeline
October 19 2010 - 6:00AM
Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH), a full-service
renewable energy provider to commercial, industrial and
agricultural clients, today announced that it has undertaken
several significant renewable energy installations in New Jersey,
along with additional projects in California that are in finance
mode. CSS anticipates that these, along with other projects in
various stages of closure, will propel the Company past the 4-5
megawatt threshold for 2010 and spill over into 1st Q 2011.
This follows closely after the successful completion of several
other solar energy projects previously discussed. We have completed
5 projects to date in 2010 totaling over 1.5 megawatts and expect
our work in progress and pipeline to spill over to a very healthy
first quarter in 2011. With the completion of the most recent
installations, CSS expects to surpass the 4-5 megawatt threshold
for solar energy installed this year. While waiting for several
additional projects currently finalizing financing, we are
completing the design and development work on several that already
have the finance package in place.
"All of us at Clear Skies are pleased with the way our business
model is developing this year," said Ezra Green, CEO of Clear Skies
Solar. "Our business pipeline for 2010 has been very strong and we
are projecting even better business in the coming year. There are
many positive industry factors contributing to this growing
pipeline, including strong government incentives, attractive
component pricing and the increased availability of financing for
such projects."
Continuing, Green said: "We currently have multiple MW of
proposals outstanding and we are effectively reducing the
processing as well as the installation times. We remain very well
positioned in the solar industry and look forward to continued
successes." Green added, "We are moving forward with our plans for
expansion and for delivering to our shareholders fully financed
projects and strong revenue growth."
About Clear Skies Solar, Inc.
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 in the renewable energy sector. CSS has become one of the
premier solar electric installation companies in the country. For
more information about CSS please visit
http://www.clearskiessolar.com.
The Clear Skies Solar, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7498
CONTACT: Clear Skies Solar, Inc.
Investor Relations Department
1-877-309-CSKH (2754)
IR@ClearSkiesSolar.com