WALNUT, Calif., Dec. 28, 2010 /PRNewswire/ -- Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading solar power technology and solar system integration company, announces an agreement with its partner Baoding TianWei SolarFilms Co., Ltd., a solar thin film supplier in China, to promote thin film solar power systems in Palm Springs, Thermal City and other cities in the Eastern Los Angeles area.
Since 2010, Sunvalley Solar has worked to bring the power of solar electricity and energy efficiency to farm owners in Palm Springs and Thermal City. In these agricultural locales, thin film modules have better performance in high temperature environments than crystalline modules making thin film modules a perfect fit for these climates. The good irradiance conditions in desert areas combined with the thin film technology offered by Sunvalley Solar provide an efficient and cost effective means of solar power for agricultural clients. Though thin-film panels require more area for installation, this is a non-issue at these large agricultural locations where space is readily available and the benefit of increased efficiency and lower utility costs far outweigh the space requirement.
Sunvalley Solar and TianWei SolarFilms recognize the potentially big opportunities for thin-film solar system in this area, especially with the strong solar incentive support from local utility companies. With Sunvalley's expertise in solar installation and TianWei SolarFilms' supply of high quality thin-film panels and related technical support they agree to collaborate closely to win contracts and implement solar systems in these areas.
"Baoding TianWei SolarFilms has taken a leading role in facilitating the Clean Energy Revolution by providing its high efficiency thin film solar panels," said James Zhang, CEO of Sunvalley Solar. "TianWei's high quality, low cost thin film panels, and experienced technical support help us to decrease costs and ensure the continued high quality supply of solar solutions to our clients in Palm Springs and Thermal City."
"TianWei SolarFilms is ready to provide full support for Sunvalley Solar Inc.'s Green Farm Program for clients in Palm Springs and Thermal City. We feel confident that Sunvalley Solar Inc. can offer a superior solar program to its customers. They are an experienced solar development company with strong technical background and solar equipment supplying partners and have an established excellent track record. The partnership between Sunvalley Solar Inc and TianWei SolarFilms will allow Sunvalley to possess competitive advantages in cost, service, warranties and support in order offer a complete solar installation program," said Mickey Liu, Sales Manager of TianWei SolarFilms when she visited Sunvalley Solar with her sales team in October of this year.
About Baoding TianWei SolarFilms Co., Ltd.
Baoding TianWei SolarFilms Co., Ltd. is a globalized high-tech company, which specializes in designing, manufacturing, selling and installing thin film solar modules and related accessories. Located in the National Renewable Energy & Equipment Industry Base in China, TianWei boasts both an internationally recognized R&D team and an extremely experienced management group. TianWei SolarFilms has invested approximately 1.2 billion RMB for phase 1 of their production plan to reach 50 MW and will have the capacity to reach 500 MW by 2015. To learn more, visit TianWei SolarFilms at http://www.btw-solarfilms.com
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering or utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is one committed to reducing the world's carbon foot print from traditional energy sources to make renewable sources such as solar the nation's mainstream source of power. To learn more, visit www.sunvalleysolarinc.com.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
SOURCE Sunvalley Solar, Inc.