Solar America ships first products to Los Conejos project
Friday, Mar 22, 2013
Solar America Corp. (OTCBB: SOLX) is pleased to announce the it has made the first shipment of products to the Los Conejos housing project in Tonlola, a suburb of Guadalajara, Mexico. This shipment comes as a result of the Memorandum of Understanding between Solar America and Valdez Cueva Constructores Asosiados, the project's principal contractor.
“Not only are we proud of the contribution we are making to the Los Conejos project, but because this is the first step of Solar America's engagement in Mexico, a country in which we hope to develop other new solar projects.”
“This is an exciting day for Solar America,” said CEO Robert Bludorn. “Not only are we proud of the contribution we are making to the Los Conejos project, but because this is the first step of Solar America's engagement in Mexico, a country in which we hope to develop other new solar projects.”
Showcasing Solar America's Solar Power Stations and Solar Lighting solutions, The Los Conejos project will provide renewable energy to a planned community of 700 homes. This is just the beginning for Mexico, which has been identified as a region prime for growth in the solar market due to increased consumption and relatively high prices.
In a recent Bloomberg article, President of the Asociacion Nacional de Energia Solar, Alvaro Lenz-Herrera, stated, “The 500,000 residential users that pay the highest rate for electricity are a key market for solar energy.” Solar America is positioned to participate in this growth, beginning with the Los Conejos project.
Source: Business Wire