Evolution Solar Completes Build Out of Second Chinese Office
Evolution Solar Corp. (Pink Sheets:EVSO),a young aggressive solar start up, located in Tempe Arizona, has finished construction of its second Chinese office. The new office is situated in The Golden Sheraton Towers in the port city of Xieman in Fujian Province China. “We chose this particular location due to its proximity to the factories that will be responsible for the production of Evolution Solar’s panels and related solar products,” explained Michael Franklin, director of Asian operations. Mr Franklin added “another important consideration for this location was to keep a close eye on efficiency, quality control, and shipping issues.”
“As we move forward in our quest to produce high-quality solar panels, we are more convinced than ever that China is the place to be,” stated Robert Kaapke, CEO of Evolution Solar Corp. Intel Capital, the investment arm of computer chip giant Intel (NASDAQ:INTC), announced yesterday that it made its first cleantech investment in China that included a $20 million deal for Trony Solar Holdings.
Mr. Franklin recently returned to the US after four months of strategic meetings with numerous component factories, silicon suppliers, and shippers. Important meetings also took place with Dr. Ma Xin in a collaboration to develop future products. Dr. Ma Xin is considered to be one of the more important innovators in China’s solar energy and thin film movement.
Solar stocks continue to move higher on the news of First Solar (NASDAQ:FSLR), reporting its 3rd quarter revenues and net income doubled.
About Evolution Solar Corporation
Evolution Solar Corporation (OTC:EVSO) commercializes leading-edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities. For more information please visit our homepage at: http://www.evolutionsolar.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.
