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Posts Tagged ‘Solar Energy Initiatives’

Solar Energy Initiatives names CEO of subsidiary

Thursday, July 15th, 2010

solarenergyinitiatives PONTE VEDRA BEACH, FL – Solar Energy Initiatives Inc. has named David Surette CEO of its Solar Park Initiatives Inc. subsidiary. Surette replaces Michael Gorton, who stepped down July 12.

Surette, founder of Maple Leaf Renewables Group of Raleigh and Texas-based Solar Power Technologies Inc., acted as a consultant to the company previously.

Surette was also previously CEO of Alamo Solar Manufacturing Corp. of Cary, NC.

Solar Energy Intiaitives (OTCBB:SNRY) has inked a letter of intent to lead a $4 million solar project in Georgia.

SNRY Solar is a wholesale distributor of branded photovoltaic and thermal (water heating) systems selling via a network of dealers throughout the United States and the Caribbean. Solar Energy Initiatives also owns SolarEnergy.com, one of the most visited solar websites on the internet .

Tags: David Surette, Florida, Georgia, North Carolina, Solar Energy Initiatives
Posted in Carolinas, Energy, Florida, Georgia, North Carolina, People | Comments Off

Solar Energy Initiatives plans $4M project in Georgia

Wednesday, June 30th, 2010

Solar panels on roof PONTE VEDRA BEACH, FL – Solar Energy Initiatives Inc. (OTCBB: SNRY), with businesses in solar project development, distribution and workforce training, today announced it has signed a letter of intent with a private developer to initiate a $4 million turn-key solar project in the State of Georgia.

Solar Energy Initiatives will serve as the developer of the project and will provide all of the solar equipment and balance of system to the commercial site. In addition to product sales and services, the Company will also receive revenue from the management of the sale of the newly generated solar electricity and solar renewable energy credits (SRECS) to the local utility, over a 10-year contract period.

SNRY plans to partner with a major funding source, as well as a recognized local solar installer, to launch the solar system. The project is designed to utilize approximately 4,250 solar panels totaling 1 megawatts of installed capacity and is projected to reduce hazardous carbon dioxide emissions by 1,500 tons, annually.

The company did not disclose the location of the site.

Tags: Florida, Georgia, solar energy, Solar Energy Initiatives
Posted in Energy, Florida, Georgia | Comments Off