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Clear Skies Group Partners with SGFP2 on Solar-Powered Active-Living Community.


$6,500,000 Solar-Powered Generation Facilities Will Help DeKalb County, Georgia DeKalb County is a county located in the U.S. state of Georgia. As of 2000, the population was 686,712. According to the 2006 U.S. Census Bureau estimate, the county's population had risen to 723,602 [1]. The county seat is Decatur, Georgia6.  Community Lead Drive to Smart Living

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Clear Skies Clear Skies could refer to:
  • Clear Skies Act of 2003 and 2005 in the United States
  • Clear Skies microgeneration programme in the United Kingdom
 Group, a wholly-owned subsidiary of Clear Skies Solar, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CSKH CSKH Countersunk Head ), today announced a partnership with SGFP 2 LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a SmartGrowth Opportunity Fund, LLC company ("SGFP"), to provide solar power to the real estate investment fund's active-living community project in DeKalb County, Georgia, located outside of Atlanta.

Under the $6,500,000 agreement, Clear Skies will provide a 900kW solar power generation facility, which is expected to save community residents approximately 80% on their anticipated utility costs.

Contingent on obtaining financing, the project is in the final stages of permitting. Construction, anticipated to commence in early 2009, will consist of two phases. The first phase will include construction of a 330kW installation with the capacity to serve 55 ranch-style town homes. Phase Two will incorporate another 570kW to serve an additional 95 town homes.

"CSG CSG - constructive solid geometry  is proud to work with forward-thinking home developers like SGFP to bring the benefits of solar energy to homeowners who are concerned about rising energy costs and a cleaner environment," said Ezra Green, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Clear Skies Solar. "We recognize that solar energy will play an integral role in the future of the global energy market and applaud companies like SGFP that are helping us to make great strides in bringing solar to the masses in the form of sustainable and eco-friendly communities. Like SGFP, CSG is committed to the concept of 'smart growth' and to achieving the highest-quality living experience for its residents."

About Clear Skies Group

Clear Skies Solar, Inc. through its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Clear Skies Group, Inc. ("CSG"), provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. For more information about CSG, visit www.ClearSkiesGroup.com.

About SGFP 2, LLC

SGFP 2, LLC is a SmartGrowth Opportunity Fund, LLC company ("SGFP"). SGFP is a real estate investment fund that invests in housing, retail, and commercial projects in urban communities. The Fund engages primarily in rehabilitation and repositioning of projects. Its mission is to help rebuild America's cities through prudent investment and management of urban in-fill development projects.

Forward-Looking Statement forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 Disclaimer

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Mar 25, 2008
Words:547
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