WALNUT, Calif., July 15, 2013 /PRNewswire/ -- Sunvalley Solar, Inc. (OTCBB: SSOL), a leading solar power technology and solar system integration company, announced today that it has been awarded a new 297KW solar system installation contract from Global Farms Enterprises in Los Angeles, CA.
The 297KW contract is for a system capable of generating 448,636kWh of electrical power annually. The system utilizes 1190 pieces of high efficiency 250 watt poly-crystalline solar panels.
"The steady increase in demand for commercial solar energy in Southern California bodes well for Sunvalley Solar. Though the change of Federal Tax Incentive policy may bring some difficulties to the solar installation business, we are confident of our future success and will continuously demonstrate our commitment to customers by providing the best solar energy solutions," said James Zhang, CEO of Sunvalley Solar, Inc.
Installation of this project will begin by September 2013.
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.