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Last updated on May 26, 2012 at 10:42 EDT

Evolution Solar Expands Energy Study to Include Wind

November 4, 2008
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Evolution Solar Corp. (Pink Sheets: EVSO) recently completed a massive four-month study of the Chinese solar industry, and now turns its attention to wind energy. “We recently completed our tour of the Chinese solar marketplace, literally visiting each panel manufacturer, silicon producer, and related component companies, in an effort to identify the manufacturers that best fit our needs, and we will expand our due diligence to include the wind turbine industry,” stated Michael Franklin, director of Asian operations of Evolution Solar.

“Wind power is a key component in many of the projects we will be involved with, so we will give the wind turbine industry in China the same attention we dedicated to solar panels,” commented Robert Kaapke CEO of Evolution Solar, “and we will focus heavily on a mid-sized wind turbine that is more suitable for a less rural environment.”

Solar stocks continue to move higher as investors begin to see the light on the horizon from the extraordinary tax incentives recently extended. First Solar (NASDAQ:FSLR) is up in early morning trading, now 75% higher than its recent low of 95.32, and Evolution Solar (EVSO.PK) is up 54% from its recent low of 1.00, both Tempe, Ariz.-based solar companies.

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.