MINEOLA, USA & MERKENDORF, GERMANY: Clear Skies Solar Inc. (CSKH), a leading provider of turnkey solar electricity installations and renewable energy solutions, announced a memorandum of understanding (MOU) with Payom Solar AG, supplier of in-roof and on-roof solar-energy systems.
"We are starting to see the markets move and funds open up for client companies to move forward with their renewable energy plans," says Ezra Green, CEO of Clear Skies Solar.
"As such, now is the time for companies like Clear Skies Solar and Payom Solar AG to collaborate and leverage our combined strengths as we move forward into the largest viable market in the world. CSS is one of the most efficient companies in the US solar sector due to the strong and unique management team assembled.
"Now that the credit markets have regained a strong foothold and are poised for growth, we expect our expansion to be far in excess of our original model. Working with Payom will also expand our already substantial international reach."
The purpose of the MOU is to explore possibilities of a strategic cooperation under which Clear Skies Solar and Payom intend to use the sourcing capabilities of both companies for its PV products as well as uniting the technical knowledge of CSS and Payom for construction and design of PV products.
"At Payom, we hope to utilize Clear Skies Solar's market and financing knowledge for PV projects in North America to aid in our growth in this region," said Jorg Truelsen, CEO of Payom Solar AG. "With Clear Skies Solar's comprehensive knowledge of the North American markets and our expertise in the development of PV projects, it is a natural fit for our companies to look at developing a long-term partnership."