Wednesday, May 19, 2010

Evolution Solar inks deal to engage Energy Diversity Group for projects

THE WOODLANDS, USA: Evolution Solar announced that management has executed a letter of Intent (LOI) with Energy Diversity Group (EDGe) to act as its energy management consultant for selected EVSO solar powered projects.

EDGe is a full-service energy management consultancy that concentrates on helping clients develop and execute cost-effective energy management strategies. The LOI is the first step in pursuing definitive agreements, anticipated within 60 days.

Under the terms of the LOI, EDGe has agreed to act as a full service energy management consultant for agreed upon projects, including responsibilities for interpreting legislation, Renewable Energy Certificates and emission allowances & credits.

EDGe is to also facilitate full energy audits for specific EVSO projects. As part of the deal, EDGe is to utilize EVSO as a consultant and/or authorized distributor for solar product solutions.

“We are pleased to have an opportunity to engage a leader in the energy management industry,” said Robert Hines, President of Evolution Solar. “EDGe’s talent, expertise and experience should greatly benefit our company’s business model going forward.”

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