WALNUT, Calif., April 21, 2014 /PRNewswire/ -- Sunvalley
Solar, Inc. (SSOL), a leading solar power technology and solar
system integration company, announced today that it has been
awarded a new 1,122KW solar system installation contract from
Wreden Ranch in Handord, CA.
The 1,122KW contract is for a system capable of generating
2,096,352Wh of electrical power annually. The system utilizes 3,740
pieces of high-efficiency 300-watt poly-crystalline solar
panels.
"This is definitely a milestone for Sunvalley Solar in terms of the system size and
the project funding solution. The customer's financial support, in
the form of a project loan from a financial institution and a
banking partnership, effectively addresses solar funding issues
resulting from the termination of the Federal Cash Grant solar
incentive plan last year. The faith, by both the bank and the
customer, allows Sunvalley to demonstrate its commitment to its
customers and provide the highest quality solar solutions. We are
confident of future contracts with this project financing
capability," said James Zhang, CEO
of Sunvalley Solar, Inc.
The installation of this project will start by middle of
2014.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a
leading solar system solution provider that offers comprehensive
solar energy technology, system design, installation, equipments,
and technical support for electrical contractors, builders,
homeowners, businesses/commercial buildings, and government
entities that assist them in lowering of utility bills, reducing
environmental impacts, and increasing energy reliability and
independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing
the world's carbon foot print from traditional energy sources to
make renewable sources such as solar the nation's mainstream source
of power.
To learn more, visit www.sunvalleysolarinc.com.
Forward-Looking Statement: The statements in the press release
that relate to the Company's expectations with regard to the future
impact on the Company's results from acquisitions or actions in
development are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The
statements in this document may also contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions
identify such forward-looking statements. Forward-looking
statements are subject to risks, uncertainties, and other factors
that could cause actual results to differ materially from those
contained in such statements. Such risks, uncertainties, and
factors include, but are not limited to, future capital needs,
changes, and delays in product development plans and schedules, or
market acceptance.
SOURCE Sunvalley Solar, Inc.