Clear Skies Solar in Deal to Develop Solar Projects in India

Energy Resource, April 8, 2008

ENERGY RESOURCE-8 April 2008-Clear Skies Solar in Deal to Develop Solar Projects in India(C)2008 JeraOne - http://www.jeraone.com

Clear Skies Solar Inc. announced a $20 million agreement, subject to financing, with Power Cube, a company located in Utter Pradesh, India, to develop and construct the first of several solar energy projects in India.

For the project, which is Clear Skies Solar's first step into the international arena, the company will design and construct a multi-megawatt solar power system that will supply power to a steel mill and support the community's energy grid system.

"India represents the first of many untapped markets that Clear Skies Solar plans to enter in 2008 and 2009," said Ezra Green, chairman and CEO of Clear Skies Solar. "Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs."

"While international projects pose special challenges for solar energy providers, such as identifying proper high voltage lines and the ownership of the property for the system to be installed," added Green. "Our unique ability to overcome such challenges makes Clear Skies Solar the natural choice for clients with challenging power needs."

Clear Skies Solar will provide the technology, engineering and construction services needed to create the PV Project and will also be prepared to provide the operation and maintenance services needed.

For more information, visit www.ClearSkiesSolar.com.

((Comments on this story may be sent to newsdesk@jeraone.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

COPYRIGHT 2008 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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