Clear Skies Funding Fuels Growth
February 23 2011 - 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 received additional project
funding fueling a growing commercial pipeline.
"Our investors have delivered LOIs that represent the funding of
the CSS Power Purchase Agreement (PPA). These 5 agreements total
457.50 kws of commercial projects brought in under our
new-expansion program. These projects represent approximately $2
million which is in addition to what we have announced in the last
several weeks," said Ezra Green, CEO of Clear Skies Solar.
Continuing: "Every week we are adding projects to the deal flow
and, with our high-volume infrastructure, we are reducing the
entire project-cycle timeline. As I have mentioned before, I am
very pleased with the results of our new program and we look
forward to duplicating it in other key markets."
CSS announced last Q4 2010 that it was entering into the
sub-500kw commercial market as well as the residential arena. This
program has proven to be very successful not only with the
commercial market but has also been well received in the
residential sector.
"The results of our residential program have also been
very successful and we expect to begin discussing progress in the
coming weeks," said Allen Sosis, VP of Sales and Marketing for
CSS.
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
Email: IR@ClearSkiesSolar.com
Direct: 1-877-309-CSKH (2754)