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Envision Solar, GRID Solar Announce Solar Alliance
Agreement will provide flexible financing options for light industrial, commercial developments
SAN DIEGO (May 5, 2010) – Envision Solar International, Inc., (www.envisionsolar.com <http://www.envisionsolar.com> ) (OTCBB: EVSI) a leading solar master planner, architect and inventor designing and deploying advanced solar systems globally, announces a partnership with GRID Solar, a turn-key solar developer providing consultancy, project management and financing for companies looking to incorporate solar technology into the design of a new or existing project. The partnership will help property owners to create environmentally sustainable commercial, retail and industrial installations.
The partnership enables companies to incorporate large-scale solar developments without the need for major upfront investment, making clean energy a sound environmental solution that is financially attractive. The alliance will provide financing options for commercial developments to integrate Envision Solar’s innovative products, which include Solar Trees®, Solar Rows™ and others.
Envision Solar has an extensive portfolio of solar parking arrays and solar integrated building solutions at several locations including Dell, Kyocera, Centocor, University of California and others.
“More developers and property owners are incorporating environmentally friendly features into the design of commercial and light industrial projects, and this new partnership will give customers the opportunity to fulfill their commitments to sustainability,” said Bob Noble, CEO of Envision Solar. “It opens the door to owners who want to build or enhance a shopping mall, industrial park, medical center, parking lot or other development to realize the potential of clean energy and also makes the green investment financially highly attractive.”
GRID Solar and its parent GRID Partners have a strong track record of providing a range of consultancy, installation and financial services for major commercial and industrial developments, and are renowned for working with innovative companies.
“With solar energy generation being an increasingly more important – and mandated – feature of new developments, we need partners with a history of market leadership and vision,” said Dr. David Kanani, principal of GRID Solar. We are delighted to partner with Envision Solar to bring its cutting-edge technology to our clients. With a seasoned senior team and number of high-profile wins to its name, Envision Solar was an obvious choice for us.”
For more information on Envision Solar, visit www.envisionsolar.com or call 1-866-746-0514. For investor relations inquiries, email firstname.lastname@example.org or call 866-635-0011.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com <http://www.envisionsolar.com> , is a leading solar planner, architect and inventor designing and deploying clean energy systems globally. The solar master planning firm provides strategic long-term solutions conducting comprehensive sustainability planning and optimizing locations for solar array structures. It is the first to invent and build structures for solar that address the unused millions of acres of parking spaces. Its innovative systems include commercial, residential and public entities with products such as the Solar Tree®, Solar Row™, LifePort™, LifePod™, LifeVillage™ and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514
About GRID Partners
GRID Solar is a fully integrated firm offering turn-key solutions to photovoltaic solar systems for public entities and private sector companies. We enable our clients to leverage solar technology incentives and power generation to reduce cost, save money, and boost profits while creating cleaner, greener communities for all.
Dr. David Kanani has been a pioneer in the solar industry for nearly three decades. He began his career as a research scientist with Arco Solar, where he served as a member of a scientific team engaged in the development and production of crystalline and amorphous silicon solar cells and modules. Dr. Kanani is a renowned academic with a Ph.D. from Princeton University focused on photovoltaics and renewable energy.