Clear Skies Solar to Enter Smart Grid Verification Testing for Patented Technology
March 03 2010 - 11:55AM
PR Newswire (US)
MINEOLA, N.Y., March 3 /PRNewswire-FirstCall/ -- Clear Skies Solar
(CSS) (BULLETIN BOARD: CSKH) today announced it will commence smart
grid verification testing with Met Laboratories of Baltimore,
Maryland to further independently test the accuracy of the
XTRAX ® smart grid monitoring technology. The Company has been
awarded patent number 7336201 on its XTRAX data communications
technology from the United States Patent and Trademark Office
protecting the intellectual property for a remote energy meter
system and method where a electrical meter communicates with the
client via a wireless connection link to recover energy production
parameter values. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090306/CSSLOGO ) XTRAX was
developed entirely by CSS for the high level tracking of energy
production data and is housed under their technology subsidiary
Carbon 612 Corporation. The XTRAX device monitors, collects,
transfers and interprets energy data via cellular technology at
very low costs and will be an integral part of the smart grid
solution. "This smart grid monitoring system, which we call XTRAX,
is an important smart grid technology and significantly enhances
our overall portfolio of grid-related technologies and services,"
commented Ezra Green, CEO of Clear Skies Solar. "We have selected
Met Laboratories to perform these important ANSI metering standards
tests based on its high quality testing facilities and its
excellent reputation in the industry. While our own in-house
testing has already shown high levels of accuracy over
predetermined periods of time, we believe it is important to have
our findings verified independently." Spending on Smart Grid
technologies is expected to grow significantly over the coming
years, as the U.S. government and major electric utilities seek
more efficient ways to connect homes and businesses to utilities,
to transport more data, and to use less overall energy. While
estimates of future spending vary widely, one estimate recently
published by Pike Research indicates that the considerable momentum
building toward smart grid construction could represent $200
billion in total spending by the year 2015. Mr. Green continued,
"We specifically developed this technology for small solar power
producers, which is one of the fastest growing segments of the
alternative energy and smart grid construction industries. With our
proprietary data management software and patented hardware, we
expect to gain a substantial market share based on our low
cost-factor. We believe our revenue opportunities relative to this
market segment are very significant as we believe we can become the
dominant player in the sub 100 kilowatt systems market. We view the
overall Solar Renewable Energy Certificate (SREC), carbon credit
and production data verification markets to easily exceed $1
billion annually. We expect the SREC program in New Jersey alone to
be valued in the hundreds of millions of dollars and with the
financial markets requiring production backup, sub metering, string
verification and default tracking, we believe our opportunities
relative to our XTRAX technologies are highly significant." Clear
Skies Solar is the majority shareholder of Carbon 612 Corp and
plans on launching the Company into the commercial markets as soon
as the ANSI & UL testing being announced today is completed.
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/. DATASOURCE: Clear
Skies Solar, Inc. CONTACT: Joe Noel, Clear Skies Solar, Inc.,
+1-925-922-2560 Web Site: http://www.clearskiessolar.com/
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