CHICAGO, May 16, 2011 /PRNewswire/ -- City Capital Corporation (Pinksheets: CTCC) is pleased to report that its recently formed subsidiary ERX Energy, LLC, has completed an additional project. This white TPO Solar Ready installation in New Jersey for a major global department store chain represents additional repeat business from our existing Fortune 100 customer base. New Jersey is the nation's second largest solar market behind only California. The global solar power market, as defined by solar power system installations, had an estimated $18.5 billion in revenue during 2010, according to SolarBuzz. Specializing in commercial, industrial, and municipal solar roofing applications and integration, ERX Energy continues to service all the solar and roofing needs of the Northeast.
Jeffrey Smuda, Chief Executive Officer of City Capital Corporation, stated, "ERX continues to penetrate the solar marketplace. This installation marks an important step toward becoming the provider of choice for solar roofing integration, and will help ERX Energy build upon our $1,200,000 February revenue figure."
About ERX Energy, LLC
Specializing in commercial, industrial, and municipal solar roofing applications and integration, ERX Energy provides services for all the solar and roofing needs of the Northeast, USA.
About City Capital Corporation
City Capital Corporation (Pinksheets: CTCC), through its subsidiaries, has entered the emerging solar energy technology and related services industry. Its holdings and partnerships in the green energy market currently focus on the design, integration, installation, and maintenance of solar roofing projects and related services for its clients across the nation. City Capital through its subsidiaries and joint venture partners seeks to expand its presence in the alternative energy services industry.
Notice on Forward-Looking Statements:
The matters set forth in this press release may contain forward-looking statements regarding City Capital Corporation and its business within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date on which they are made and City Capital Corporation undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Statements are subject to risks and uncertainties that may cause actual results to differ materially.
SOURCE City Capital Corporation