Clear Skies Solar, Inc. (OTCBB: CSKH), a leading developer of solar
energy products and a full-service integration company specializing in
the turnkey installation of commercial photovoltaic (PV) solar systems,
today announced a Letter of Intent with Hotel Mt. Lassen to install a
solar energy system on its Susanville, CA hotel and restaurant.
“An increasing number of hotels are looking at
ways to decrease their carbon footprints and conserve natural resources,”
said Ezra Green, Chairman and CEO of Clear Skies Solar. “Clear
Skies Solar is proud to work with forward-thinking businesses like Hotel
Mt. Lassenwho are at the forefront of this initiative and
recognize the integral role that solar energy will play in both the
future of their operations and of the larger global energy market.”
Under the contract, Clear Skies Solar (CSS) will install a 120 kilowatt
solar photovoltaic system that is designed to offset roughly 65% of the
buildings' current energy usage. The project is structured utilizing a
third party Power Purchasing Agreement. Under this financing arrangement
the hotel will purchase the power generated by the system for 20 years.
The installation of this photovoltaic system will help to offset the
energy usage of roughly 55 average sized homes.
“Through Power Purchase Agreements and a
variety of other financing options and tax incentives available to
business owners there is no reason not to go solar,”
added Green.
About Clear Skies Solar
Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary,
provides full-service renewable energy solutions to commercial,
industrial, and agricultural clients domestically and internationally.
CSS was incorporated in 2003 and launched formal operations in 2005.
During that time period, CSS developed its proprietary systems, obtained
licenses and certifications, and acquired technologies that could
maximize the impact of its construction expertise on the renewable
energy sector. CSS has become one of the premier solar electric
installation companies in the country. For more information about CSS,
visit www.ClearSkiesSolar.com.
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