MINEOLA, USA: Clear Skies Solar Inc., a full-service renewable energy provider to commercial, industrial and agricultural clients, has received an additional $375k in signed residential and commercial contracts.
Ezra Green, CEO of Clear Skies Solar, said: "We have been delivering this continuous stream of good news in order for our shareholders to recognize that we have made serious and effective changes to our sales and operations model. Announcing closed contracts, needless to say, is important news to deliver, but from time to time we will also discuss projects that we are confident will materialize into signed contracts. Some projects that haven't gone to closing, such as LOI's, we might feel are material events that should be shared with the shareholders, but again, we will be focusing our shareholder communications on the signed and closed contracts.
"As we close the month of May with more than $7 million in closed sales for 2011, we have shown our model is working and we will be duplicating the process in other markets in the near-term future. Successful companies know that expansion needs to be tempered in order to build a solid and sustainable growth model. In the Northeast, we have established that plan for success, and we are now taking the steps necessary to duplicate that process into new markets. We have operated for years on the West Coast, completing a number of large and complicated commercial projects which reflects our ability to complete a project anywhere anytime."