Thursday, July 2, 2009

Solar Energy Initiatives in green energy alliance with RS&H and K Power

PONTE VEDRA BEACH, USA:Solar Energy Initiatives Inc., executing on a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the US workforce and focus on reducing the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, announced that the company is a founding member of the Green Energy Alliance, a strategic affiliation with RS&H, one of the nation’s leading facilities and infrastructure consulting/engineering firms, and K Power Inc., a provider of full service solar energy solutions to commercial and industrial users.

The Green Energy Alliance will combine member areas of expertise providing turn-key solar solutions including project financing to commercial and solar park projects located in North America and the Caribbean.

RS&H and K Power are leaders in energy and power generation/construction and as a combined entity possess the ability to build commercial solar projects and solar parks that could extend to well over 100 megawatts.

The newly formed relationship will provide Solar Energy Initiatives with both new business relationships and access to capital through affiliated relationships. The companies’ parallel operational focus and business strategies provide a platform for a long lasting and mutually successful relationship.

“This alliance provides Solar Energy Initiatives with the experienced and capable relationships needed to target larger sized commercial solar projects,” stated, David Fann, Chief Executive Officer, of Solar Energy Initiatives.

“We believe that the Company now possesses all the necessary tools to target more large scale and higher margined projects much like the 18 megawatt solar park that we recently announced. It is important for our strategic business plan that we form strong partnerships with top notch power companies, funding partners and consulting firms so that we can continue the rapid market penetration we are experiencing. We look forward to signing new contracts that mirror and exceed our $80 million solar park in California.”

RS&H, founded in 1941, is a multi-disciplined facilities and infrastructure consulting firm whose client-centered program structure provides value-added solutions to clients around the world.

“We are extremely pleased to be part of the Green Energy Alliance and to be working with SNRY to assist in deploying solar solutions for large scale commercial projects,” stated, Ron Ratliff, Executive Vice President of RS&H.

“With the combined capabilities of the Alliance we expect to capture significant market share for large solar projects. Moving forward we will be targeting all sizes of commercial, industrial, institutional and solar park projects. As a combined group we now have the ability to complete projects in excess of 100 megawatts. In addition, the Alliance will work closely with a variety of governmental agencies to optimize and secure substantial grant money for the education and deployment of alternative energy.”

K Power, a wholly owned subsidiary of the Dana B. Kenyon Construction Co., is a provider of solar thermal and solar electric systems for large scale projects. K Power excels in the design, installation, service and incentive/rebate procurement of solar power.

Matt Kenyon, President of K Power, Inc., commented: “The formation of the Green Energy Alliance will allow all the partners to secure large scale solar projects. With our expertise in the design and installation of solar solutions we have the ability along with RS&H and SNRY to work with states and municipalities to deploy low cost energy solutions.”

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