Sunrise Solar Forms Technology Advisory Board
Sunrise Solar Corp. (OTCBB:SSLR) announced today the formation of a Technology Advisory Board (TAB). The TAB will assist the Company’s senior management in researching and evaluating available solar technologies ready for commercialization.
“The United States currently generates less than 1% of its electricity through clean, abundant solar energy,” says Eddie Austin, Chairman and CEO of Sunrise Solar Corp. “According to a recent special report by Scientific American, a combination of photovoltaic solar farms and concentrated solar collectors could supply up to 69% of the daily electricity needs of the United States by 2050.”
Austin continues, “Major utilities like Southern California Edison and PG&E have been signing up for huge solar installations in the hundreds of megawatts. Duke Energy (NYSE:DUK) has proposed to install 20 megawatts of solar distributed generation capacity at a cost of $100 million.
“While the federal regulatory environment for solar is far from ideal, Duke’s decision to invest in solar is aided by North Carolina’s renewable portfolio standard. A similar mechanism is what has driven California to be a leading light in the domestic solar power push, and is also the key reason why companies like First Solar (NASDAQ:FSLR), SunPower (NASDAQ:SPWR), and Trina Solar (NYSE:TSL) have taken a shine to the U.S. market.”
About Sunrise Solar Corporation
Sunrise Solar Corporation intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment. Sunrise also intends to capitalize on its institutional knowledge of emerging alternative energy technologies to develop comprehensive alternative energy plans. Sunrise Solar common stock is traded under the symbol SSLR. For more information please visit www.sunrisesolarcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,”"expects,”"anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
