Solar Energy Initiatives, Inc. (SNRY.OB) Announces Major Development in “Renew the Nation” Campaign
QualityStocks (September 3rd, 2009) Writes:
Today, Solar Energy Initiatives, Inc. published letters of intent outlining the plan to install and operate approximately 4 megawatts of photovoltaic systems on government buildings in several municipalities across the United States. This announcement follows the company’s plan to focus on executing on a grass roots campaign, “RENEW THE NATION”, designed to help redeploy a portion of the U.S. workforce and reduce the world`s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies.
Anticipating a completion date in 2010, the company will provide all solar equipment for on-site installation, and will sell the newly generated solar energy to the buildings at a discounted rate, offering competitive rates against the current provider. Additionally, Solar Energy Initiatives will recognize energy sales over a 20-year period.
The approximately 20,000 solar panels delegated for this project will reduce hazardous carbon dioxide emissions by 6,000 tons, annually. Upon completion,
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