Apr 24 2010
Management of Evolution Solar Corp. (PinkSheets: EVSO) announced that they have completed the development and manufacture of a unique corrosion-resistant solar panel, which is expected to give the company a marketing edge in winning projects located on islands or near the ocean.
The new systems are resistant to salt water and accumulate water condensation – which not only extends the product’s life, it is also becoming a new requirement for some projects – such as those located in Bermuda.
These panels were built for the Company in China and are currently being shipped to the US for marketing and for installations by Evolution Solar.
“We are glad that we are on the front line of developing these panels,” said Robert Hines, President of EVSO. “We anticipate that this will translate into greater sales and more projects for Evolution Solar.”
Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be located at the University’s Houston Campus. The project should help Evolution Solar acquire new projects in a sector that is growing to compete in the energy industry, which contains LDK Solar (NYSE: LDK), Trina Solar (NYSE: TSL), Valero Energy Corporation (NYSE: VLO) and BP (NYSE: BP).