Envision Solar and Horizon Energy Group Announce the Execution of a Strategic Teaming Agreement
The Companies join forces on Microgrid and Solar Projects
SAN DIEGO, Jan. 17, 2013 /PRNewswire/ -- Envision Solar International, Inc. (EVSI), the leading designer and manufacturer of the highest quality solar shaded parking products, and Horizon Energy Group, a leader in US microgrid development, today announced the execution of a Teaming Agreement covering several active projects on which the Companies are collaborating.
"Horizon Energy Group is the most respected microgrid strategic consultant in the industry," said Desmond Wheatley, CEO of Envision Solar. "They are working with the major utilities and campus owners who are our primary target customers. They only work with quality customers and quality vendors, which is why they have chosen Envision for some of their most significant deployments. This teaming agreement will ensure that our joint customers get the most from both of our companies. Horizon gets the best solar shaded parking products and Envision Solar gets the best project development, battery storage and microgrid partner in the industry. Win, Win."
Envision Solar and Horizon will shortly announce the first of a series of projects in which Horizon and their partners, Green Energy Corp and McKim Creed Green, will be the lead project development and delivery team, while Envision Solar will be the exclusive provider of solar support structures such as the Solar Tree® array and Socket™ with EnvisionTrak™ tracking and SunCharge™ integrated renewable EV charging.
"At Horizon, we advise on, and invest in, only the highest quality energy infrastructure," said Steve Pullins, CEO of Horizon Energy Group. "Our clients demand it and our 40 years of experience in the utility industry has taught us that there is no substitute for high quality infrastructure. Envision Solar, with its iconic, high quality products is unique in the solar industry in that it has elected to focus on quality and longevity, and not cheapness. Their engineering, track record, and integration of battery storage solutions make them the right choice for our larger critical asset microgrid deployments. Our clients appreciate the fact that we are working exclusively with them on these significant projects."
Microgrids comprise of renewable energy resources, high-efficiency combined heat and power (CHP) solutions, advanced energy storage, and intelligent grid management systems, which form an essential element of the future of energy distribution in the US and globally. Annual project investments associated with microgrids are expected to top $2 billion by 2015. Horizon Energy Group and Envision Solar have the solutions, which are ideally suited to serve this rapidly growing microgrid market.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company's flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.
Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company's commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the "Green Halo." Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.
About Horizon Energy Group
Horizon Energy Group (www.horizonenergygroup.com) is one of the few leaders in microgrid design and implementation. Our advanced design for optimizing microgrid operations for economic, reliability, and emissions objectives is recognized in the industry as the way of the future.
Based in Tennessee, the company has been recognized as a Company to Watch in Perfect Power by Bob Galvin and Kurt Yeager, and Top 100 Movers and Shakers in the Smart Grid Movement by GreenTech Media. Horizon is the leading designer of utility and campus microgrids with thirteen projects to date, and one of the leading developers in the US, currently building its forth microgrid. For more information, visit www.horizonenergygroup.com or email at email@example.com.
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.
Envision Solar International, Inc.
SOURCE Envision Solar International, Inc.
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