WALNUT, Calif., April 11, 2011 /PRNewswire/ -- Sunvalley Solar, Inc. (OTCQB: SSOL), a leading solar power technology and solar system integration company, announces today that it has started its market programs for 2012 installation contracts.
"Sunvalley's engineers and installation team are now fully booked for 2011 installation contracts which were awarded in late 2010 and early 2011. The sales and marketing team have begun to negotiate contracts for 2012 with potential new and existing customers in Palm Desert, Anaheim, Pasadena and other cities in the greater Los Angeles area.
"Based on its great success so far, Sunvalley will continue to focus on commercial solar system installations in these areas, especially in Palm Desert," said James Zhang, Sunvalley Solar Systems, Inc. CEO, "and with the new Power Purchasing Agreement from Southern California Edison (SCE) and other utility companies, Sunvalley will seek opportunities to invest in solar farm co-ops with investors and land owners."
Sunvalley expects to install more commercial solar systems in year 2012 and to invest in solar farm projects to generate electrical power which can then be sold back to the utility companies per the new Solar Power Purchase Agreement. The first round of the marketing campaign for 2012 installation contracts will be completed by the end of June this year.
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 of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is 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.