MINEOLA, N.Y., March 1, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH - News), a full-service renewable energy provider to commercial, industrial, and agricultural clients, today announced that it has received another round of project funding fueling the pipeline of work.
"We have received additional LOI's from our investors representing funding for 6 more projects. These agreements total 200 kw's of commercial projects brought in under our new-expansion program. These projects represent approximately $800,000 which brings us past the $4 million mark in project funding for Jan-Feb 2011. The significance of this milestone is the consistency that we were looking for in our new-deal flow," said Ezra Green, CEO of Clear Skies Solar.
Continuing, "As I discussed in our last release, we are adding new projects each week that are in various stages of process. We have many Megawatts of systems in various stages of development and we will discuss them with our shareholders as they develop and follow through to completion. I would also like to add that we have just started to receive the stamped engineered drawings on the projects announced the past few weeks and will be moving forward on the permitting process."
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.
Clear Skies Solar, Inc (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has signed several new contracts for PV power systems.
CSS, with its expanded sales & marketing department, has signed seven contracts over the past few days totaling approximately 500kws valued at more than $2 million. These 7 commercial grade projects range in size and will be installed throughout New Jersey under the CSS-PPA program.
"The strong growth we are experiencing at CSS is indicative of the hard work we put into the aggressive restructuring of the sales and marketing department over the past few months. As a result of these efforts, we have been able to deliver a continuous flow of good news to our shareholders. We look forward to regaining the confidence of our shareholders & investment community," said Ezra Green, CEO of Clear Skies.
Green continued, "I am also pleased to say, that in keeping with the milestone growth we discussed last week, we have already met the March quota."
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