Wednesday, October 29, 2008

Clear Skies Solar, Inc. (CSKH.OB) Announces $5.7 Million Project in Larissa, Greece

Clear Skies Solar develops new technologies and products to harness the energy of the sun. The company’s unique advantage is their proprietary PV panel mounting systems and trade secrets that reduce the system installation time. XTRAX® is a proprietary remote monitoring solution for measuring the production of renewable energy systems so energy intake can be monitored remotely through a secured system.

Today the company announced a $5.7 million USD agreement with Achilles Chondronasios & Co. to develop and construct a 960 Kilowatt solar power project in Melia, Larissa, Greece. This latest project marks the company’s second signed agreement in Greece within the last three months. If you remember, we posted an incredible $8 Million dollar project for Uttar Predesh, India last week. Clear Skies Solar has been on a whirlwind of activity.

“We realized in early 2008 that the international markets were the key to our continued success and have focused our efforts on overseas growth in Europe and Asia,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “In this case, we’re working with Aspen Energy, a very talented team of alternative energy professionals, who have secured two solar project contracts for us in less than three months.”

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