Federal Stimulus Money Officially Kicks-Off RENEW THE NATION Campaign (www.solarenergy.com)
JACKSONVILLE, September 8, 2009 Solar Energy Initiatives, Inc. [OTCBB: SNRY] today announced a partnership with three Jacksonville job training and placement agencies to train displaced workers as solar energy installation and maintenance technicians.
This new partnership is a first step in Solar Energys Renew the Nation campaign intended to promote job growth and economic development nationwide by providing a trained workforce to enter the fast growing renewable energy industry. The program, pending final approval by the Jacksonville City Council, is being funded in part by $396,000 in federal stimulus dollars provided by the American Recovery and Reinvestment Act of 2009.
Solar Energys business model focuses on three fronts:
•Solar Parks. Development of large utility-scale photovoltaic (PV) installations bringing together landowners, utilities and corporate resources to build and operate.
•Solar Power Purchase Agreements (SPPA). Placing solar systems on or adjacent to commercial or municipal buildings and selling the energy output to the owner(s).
•Solar Dealers. One of the fastest growing independent dealer networks that sells and installs solar systems to homeowners and commercial customers.
Recently, Solar Energy announced Letters of Intent for $17 million in commercial Projects that will utilize approximately 20,000 solar panels producing up to 4 megawatts of solar electricity and projected to reduce hazardous carbon dioxide emissions by 6,000 tons, annually. Solar Energy also recently completed training its 78th solar dealer and signed a contract securing land for the development of a 300 megawatt solar park in west Texas.
For more information, please visit www.solarenergy.com
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