Envision Solar Completes First Cadillac Solar Tree® Structure
New array will cut dealership's annual greenhouse gas emissions by equivalent to 2,500 gallons of gas
FREMONT, Calif., April 29, 2013 /PRNewswire/ -- Envision Solar International, Inc., a leading sustainable infrastructure product designer and developer, announced installation of its new Cadillac Solar Tree® array at Fremont Cadillac Buick GMC.
Energy produced by the installation will go directly back to the dealership. This will reduce greenhouse gas emissions equivalent to the consumption of 2,500 gallons of gas, or 52 barrels of oil, on an annual basis.
"The Solar Tree will generate approximately 33,000 kWh of clean energy from a highly architecturally accretive platform," said Desmond Wheatley, President and CEO of Envision Solar. "We've also implemented design enhancements provided by the Cadillac team to make the system uniquely theirs and supportive of the renowned carmaker's brand in a very positive and aesthetically pleasing way."
Installation of the array will lower the dealership's environmental impact while improving the region's built environment.
"It's very exciting to be the first dealership to roll out this initiative," said Jessie Dosanjh, General Manager of Fremont Cadillac Buick GMC. "Deploying this beautiful and iconic renewable energy landmark reiterates that we understand the wants and needs of the people in the Bay Area and is another example of how we're fulfilling our commitment to the environment. We're proud to take on a leadership role in this movement and encourage other Cadillac dealerships in the country to do the same."
Equipped with integrated electric vehicle charging stations, the Solar Tree® array can generate enough renewable energy to charge six electric vehicles each day. Envision Solar's proprietary tracking system, EnvisionTrak™, causes the array to follow the sun, capturing more of its energy and increasing electrical output by nearly 25 percent over typical fixed solar installations.
"Our renewable energy strategy goes beyond our company walls," said Mary Alice Kurtz, Program Manager, Sustainability Initiatives, General Motors. "We encourage all of our partners to explore renewable energy alternatives, whenever possible."
Within the next year, Cadillac will launch the ELR, the first luxury coupe with extended range electric technology. The Cadillac Solar Tree is available to Cadillac dealers nationwide to support the ELR launch, and to assist in making dealership facilities more energy efficient.
"Fremont Cadillac's solar tree installation is a great individual example of how we're elevating and expanding in the areas of product, technology and customer experience," said Chase Hawkins, Cadillac Vice President of Sales. "We're the fastest growing full-line luxury brand in the U.S. today, including a 54 percent increase in the San Francisco area."
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.
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.
SOURCE Envision Solar International, Inc.
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