Clear Skies Solar Expands International Presence with $5.7 Million Solar Energy Project in Larissa, Greece.Multi-million Dollar Agreement Marks Company's Second Greek Project and Fourth International Contract 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:
See OTC Bulletin Board (OTCBB). :CSKH CSKH Countersunk Head ), today announced a $5.7 million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. agreement with Achilles Chondronasios & Co. to develop and construct a 960 Kilowatt solar power project in Melia, Larissa, Greece. This marks the company's second signed agreement in Greece within the last three months. "Due to robust government tax incentives, Greece has emerged as a leading market for solar power, and for Clear Skies Solar as we continue to embark on our aggressive international expansion program," 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. "Their current environment of available grants and favorable feed-in tariffs presents a great opportunity for the company, and we fully expect to see an increase in projects within the region." This contract follows closely on the heels of an $8 million solar energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun. contract announced in Chitrakoot, Uttar Predesh, India last week, which brought Clear Skies' India-based project portfolio to a total of $28 million USD. "We realized in early 2008 that the international markets were the key to our continued success and have focused our efforts on overseas growth in Europe and Asia," continued Green. A leading developer and installer of solar power solutions, Clear Skies Solar is aggressively targeting foreign markets where strong governmental support of green technology has created fertile business opportunities. Clear Skies attributes its rapid international success to the company's ability to develop large scale projects at an accelerated pace, and to nurturing the right relationships with native companies in its targeted overseas markets. "In this case, we're working with Aspen Energy, a very talented team of alternative energy professionals, who have secured two solar project contracts for us in less than three months," added Green. About Clear Skies Solar Clear Skies Solar, Inc. (CSS (1) See Cascading Style Sheets. (2) (Content Scrambling System) The copy protection system applied to DVDs, which uses a 40-bit key to encrypt the movie. ) 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. , 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 on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS, visit www.ClearSkiesSolar.com. 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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