EIN Presswire: Solar Energy Featured Press Releases

Zager Plumbing & Solar, Inc. set to install solar at office headquarters

Tue, 24 Jan 2012 06:47:01 +0000

/EINPresswire.com/ Deerfield Beach, FL - January 19, 2011 -- Zager Plumbing & Solar, Inc. gets ready to kickoff 2012 with the installation of a 10kW grid tied photovoltaic system at its office headquarters located in Deerfield Beach, FL.

With the recent drop in prices for solar panels coupled with the FPL solar rebates, now is a better time than ever to install solar on your home or business if you live in the south Florida area. Zager Plumbing & Solar, Inc. was able to secure a $20,000 rebate through FPL's Business Photovoltaic Pilot Project which will help to make the installation extremely cost-effective along with the 30% federal tax credit currently being offered.

The company sees this as an excellent opportunity to lead by example. Dale Zager, President of Zager Plumbing & Solar, Inc. said "There are a lot of solar installers throughout Florida, however, hardly any have put solar on their office buildings or warehouses." The company hopes that the installation will serve as a demonstration piece for the surrounding community and create positive support for solar energy. "With all the negative publicity the solar industry has received recently regarding the Solyndra scandal, it is easy to overlook the continued benefits of installing a solar energy system" said Zager.

The installation will consist of 46 solar panels mounted to the roof and will be designed to withstand winds of 145mph. The project will also utilize a performance monitoring system that will show the current and cumulative energy production along with carbon & environmental offsets. This data will also be available on the company's website at www.zagerplumbingandsolar.com. Utility customers are able to sell back excess electricity generated by their solar energy systems to the power companies through net metering. Implementing solar projects are also helping companies to promote environmental sustainability initiatives. The new solar energy system at Zager Plumbing & Solar, Inc. will offset over 20,000lbs. of carbon emissions every year once it is installed.

As the next round of FPL solar rebates is set to become available in 2012, Zager Plumbing & Solar, Inc. is confident that more businesses and homeowners will decide to pursue solar projects now that the economic feasibility of these projects makes sense. This was evident in the fact that in the last two rounds of rebates the money was allocated almost immediately after being released.

For more information regarding this project or if you would like to pursue your own solar project, please contact:

Bert Lichen
Business Development
Zager Plumbing & Solar, Inc.
149 SE 4th Street
Deerfield Beach, FL 33441
Office: 954-481-2629
Email: bert@zagerplumbing.com
URL: www.zagerplumbingandsolar.com

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Genesis Energy Daily Report Launched by EIN News

Wed, 11 Jan 2012 11:25:57 +0000

Washington, January 11, 2012 /EINPresswire.com/ EIN News, a leading media monitoring company published by the IPD Group, has announced the launch of Genesis Energy Daily Report.

For more details see:

- Genesis Energy Stocks News - http://genesisenergy.einnews.com/news/genesis-energy-stocks
- Genesis Energy Daily Report - http://genesisenergy.einnews.com/

About the publisher of Genesis Energy Daily Report, EIN News (http://www.einnews.com/)

EIN News has developed one of the world's leading real time news indexing services. Its systems continuously scan the web, indexing news from thousands of worldwide sources. The data is then filtered according to specific needs, and the processes are supervised by a team of professional news editors.

Thousands of industry, government and private institutions rely on EIN News for their media monitoring needs. Combining both intelligent search technologies and the human element, EIN News delivers the most efficient, yet personalized media monitoring, news aggregation and syndication services on the market.

EIN News is positioned as the leading news index on the planet.

For more information about EIN News:

David Rothstein
Chief Executive Officer
EIN News (an IPD Group Service)
http://www.einnews.com/contact
http://www.einnews.com

Will United Nations Angel dawn World Peace?

Tue, 20 Dec 2011 07:28:13 +0000

/EINPresswire.com/ December 20th, 2011 Chauvet Cave, France

A Pegasus has just been unveiled at the UNESCO Chauvet Cave in Southern France. The profound symbolism was explained by metaphysical scholars Gerald D'Aoust and Daryl Breese. The Pegasus has always been a symbol of the Holy Spirit and Peace. Four angelic encounters led the team to this cave art, now the oldest religious relic which has pushed back the dawn of religion another 15,000 years.
The Pegasus is showcased in two murals. One graphic is the first Story of Creation and the other shows animals getting off a vessel which has landed on a mountain. Enjoy this treasure of graphics, linked below. Breese posted exhaustive details of interpretation 'on line' for the world to enjoy!
http://www.culture.gouv.fr/culture/arcnat/chauvet/en/owpt14.htm
www.culture.gouv.fr/culture/arcnat/chauvet/en/owpt24.htm
http://www.culture.gouv.fr/culture/arcnat/chauvet/img/fond0421.jpg
D'Aoust and Breese just published the non-fiction "God's Steed- Key to World Peace" (Lulu 2011). The Chauvet Pegasus is featured on the book's cover. Like Tom Hanks in the fictional "Angels and Demons", they are the real life 'symbologists' who have discovered this ancient point from which all religion and philosophy have descended- and will culminate. "Cave of Forgotten Dreams" by Werner Herzog lets us see this earliest cave art. Some viewers report visions after seeing the movie.
Breese believes the common ground of this new discovery connects all the Holy Books and could spawn greater understanding, tolerance and harmony. Will this usher in the Age of Aquarius?

Sir Knight Daryl Breese
Nampa, Idaho USA
calbreese@hotmail.com
(661)703-4444

Qatar Solar Technologies wins The New Economy Magazine's Clean Tech & New Energy Award

Tue, 13 Dec 2011 13:09:30 +0000

• Qatar Solar Technologies Wins Best Joint Venture Award (Middle East)
• QSTec Middle East's leading Solar Joint Venture Company
• Qatar Foundation, SolarWorld AG and Qatar Development Bank bag Major Clean Tech Award for Best Joint Venture

/EINPresswire.com/ London, United Kingdom - Qatar Solar Technologies today announced that it had won The New Economy Magazine's Clean Tech & New Energy Award for Best Joint Venture, Africa/ Middle East.

The New Economy Magazine's Clean Tech & New Energy Awards, which were presented to the winners at the London Stock Exchange, were established to recognise companies that are set to guide the world's renewable energy future through innovation, vision and leadership. QSTec, formed in March 2010, is a joint venture between Qatar Foundation's solar investment arm Qatar Solar, SolarWorld AG and the Qatar Development Bank. QSTec is currently building an 8,000 metric ton per annum polysilicon plant in Qatar worth US$1bn with a vision to become an integrated solar energy company.

"Together with our joint venture partners we have formed QSTec to develop a solar industry for Qatar and build an organisation whose solar products, services and technologies are known throughout the world for their quality," said Dr Khalid Klefeekh Al Hajri, Board Member and CEO of Qatar Solar Technologies. "As individual companies, our joint venture partners are known as leaders in their fields and when visionary leaders come together with access to unrivalled resources we can achieve great things. Qatar Solar Technologies is honoured to be recognised with this award as the Middle East and Africa's leading solar industry joint venture company and we look forward to a bright future."

The winners of the Clean Tech and New Energy Awards 2011 were selected by The New Economy Magazine's panel of industry experts and readers from a record number of global nominations. "With its vision, commitment to excellence and solid market experience coupled with a strong financial backing, it is evident that QSTec is ideally positioned to become one of the most significant renewable energy players globally, as well as positioning Qatar as the most innovative technological and sustainable hub within the Middle-East," said Jan Spiegel, Editor of The New Economy.

The four month long awards selection process selected organisations that are at the forefront of clean technologies and new energy advancement and possess a vision for the future that will add value to their industry and society.

About Qatar Solar Technologies

Qatar Solar Technologies (QSTec), with a vision to become a world leading integrated solar energy company is a joint venture formed between Qatar Solar (a wholly owned subsidiary of Qatar Foundation for Education, Science and Community Development), SolarWorld AG and Qatar Development Bank. Qstec's polysilicon manufacturing plant, located on 1.2 million sqm of land in Ras Laffan Industrial City, will initially produce 8,000 Metric Tonnes Per Annum of polysilicon for use in the solar industry before vertically integrating along the solar value chain. QSTec has acquired the advanced second generation technology for solar grade polysilicon production from Centrotherm Photovoltaics of Germany. QSTec's polysilicon production facility is valued at US$1bn and will be ready in the second half of 2013.

Media Contact:
Craig Field
Qatar Solar Technologies
+97430287557
http://www.qstec.com

PR courtesy of Online PR Media: http://bit.ly/ueEiaJ

GCC Solar Expert Predicts The Middle East Will Need Solar Industry Professionals In the Next Decade

Mon, 31 Oct 2011 09:01:46 +0000

Middle East Jobs for Solar Industry Professionals
• GCC will require qualified solar Industry professionals
• Solar use within the GCC will skyrocket within the next decade.

/EINPresswire.com/ Paris France - A GCC solar expert at the 2nd GCC-France Economic Forum predicted that solar power will be an important source of energy for GCC states in the next decade and that there will be a solid need for skilled professionals to meet the regions' plans for the solar energy industry.

Although the GCC nations have been slower than countries like Germany and Spain in the development and uptake of solar technologies, Dr. Khalid Klefeekh Al Hajri, Board Member and CEO of Qatar Solar Technologies, believes that we will see a solar boom across the GCC and North Africa over the next decade and that the region has unlimited potential for the development and use of solar technology.

Speaking at the 2nd GCC French Economic forum in Paris, Dr. Al Hajri said: "The GCC countries are blessed with abundant energy reserves both above and below the surface. We have tapped the energy that lies below us in the form of our oil and gas deposits and we are now looking upwards to the sun to tap its unlimited energy potential. The possibilities are endless."

There is a growing demand within the GCC for solar technologies and applications that are sustainable, reliable and that will bring a lasting benefit to the region and the world. Several GCC countries including Qatar, the UAE and Saudi Arabia are already using solar energy and researching new applications for this technology in solar desalination, solar cooling and for use in the oil and gas refining processes.

"There are a number of interesting solar projects which we are seeing within Qatar and the region that will have a positive impact on the development of the solar industry both locally, regionally and internationally," said Dr Al Hajri. He further stated that "the region is well placed to become a major solar energy user, producer and researcher and I see a huge demand for skilled solar industry professionals to help us meet our growth objectives."

QSTec announced earlier this month that it will build a US$1bn solar-grade polysilicon manufacturing facility in Qatar. QSTec is a joint venture company formed between Qatar Solar (a wholly owned subsidiary of Qatar Foundation for Education, Science and Community Development), SolarWorld AG and Qatar Development Bank.

Craig Field
Qatar Solar Technolgies
+97444546669
www.qstec.com

PR Courtesy of Online PR Media: http://bit.ly/sW2dU5

Blue Sky Solar's 2MW Thin-Film Solar Array Delivers Impressive 117% of Predicted Power

Mon, 17 Oct 2011 09:06:45 +0000

/EINPresswire.com/ Performance Testing data shows Blue Sky Solar's 2MW solar energy plant is delivering 17+% more power than anticipated under the predictive model. Blue Sky Solar designed and built the plant for client Air Products corporate campus in Allentown, Pennsylvania.

Blue Sky Solar designed and built the plant for client Air Products corporate campus in Allentown, Pennsylvania. The testing was conducted in accordance with pre-defined testing and measurement protocols and analysis and computation methods.

Online monitoring of the system can be viewed at http://live.deckmonitoring.com/?id=air_products.

Blue Sky Solar CEO Bruce Carlson, Vice-Chairman Jim Cooke, VP Project Developer Brady Kelly and Engineer Carlos Romero were on hand July 12th when John McGlade, Chairman and CEO of Air Products, flipped an oversized switch and, as The Beatle's "Here Comes the Sun" filled the air, powered up the 15 acre, 2MW solar farm.

More than 500 Corporate and Government guests attended the ceremony, marking the completion of the largest silicon thin-film solar energy plant in the United States.

Blue Sky Solar, chosen by Air Products to be the project's turnkey installer, worked with Newkirk Electric Associates, which provided the mechanical and electrical construction; Newkirk was previously the primary contractor for the DeSoto Florida Power and Light 27MW PV solar complex, one of the largest operational solar PV plants in North America.

In early engineering work, Blue Sky optimized the solar field size by precise balancing of the inverters.

Consequently Air Products will now generate about 2MW of electricity rather than the previously announced 1.5MW. Now producing 2MW of renewable power, Air Products field reduces the company's dependence on purchased electricity, thereby lowering its carbon dioxide (CO2) footprint by approximately 2,000 tons per year. Clean solar energy will now power half of the company's six administrative buildings, saving $250,000 in annual energy costs.

Construction on the 15-acre site began in October, 2010. Blue Sky Solar installed a total of 11,239 silicon, tandem junction thin-film photovoltaic (PV) panels, manufactured by Astronergy and ENN Solar, both Air Products customers. In every phase of construction Blue Sky Solar developed and utilized innovative, cost-saving installation methods and balance-of-system components to significantly lower project costs.

"Blue Sky Solar working with Air Products is a great combination as it reinforces both companies'
commitment to provide money saving solutions in solar manufacturing as well as the all-in cost of an
installed farm" said Bruce Carlson, Blue Sky CEO.

Blue Sky Solar LLC (http//www.blueskysolar.com), headquartered in Celebration, Florida is a provider of turnkey commercial and utility scale solar energy installations. The company strives to persistently source innovative and reliable solutions, which in turn can lower the cost of solar PV in all areas: manufacturing, installation, operations and maintenance. Our stated goal is to hasten the adoption of clean, reliable solar energy by lowering its cost.

Tanika Mosely
Blue Sky Solar LLC
407 557-2719
www.blueskysolar.com

PR Courtesy of Online PR Media: http://bit.ly/raJSIE

OPIC holds 7th Annual International Investment Conference for SE Asia, May 3-5

Wed, 20 Apr 2011 11:20:11 +0000

Jakarta, Indonesia - May 3-5, 2011, The US Government Agency - OPIC (Overseas Private Investment Corporation) is organizing the "Access to Opportunity in Southeast Asia" conference designed to identify investment opportunities in the region's emerging markets, encourage joint ventures between U.S. and regional businesses, and facilitate support for new investment in Southeast Asia.

OPIC's annual investment conferences provide participants an opportunity to meet personally with a mix of entrepreneurs, financiers and decision-makers who can best enable them to take advantage of the potential in new markets.

Attendees hear presentations by leading investment experts, U.S. businesses currently investing in Southeast Asia, financial institutions operating in the region, and U.S. government officials. Conference sessions will focus on access to credit, private equity, infrastructure, tourism and entrepreneurship. Particular emphasis will be placed on the renewable energy and clean technology sectors.

To register: http://opicevents.linderforms.com
more information on OPIC: www.opic.gov

Free Webinar On Combining Grants And Rebates For Solar Hot Water Systems

Tue, 22 Feb 2011 10:41:44 +0000

Perry, KS - February 21, 2011 -- Solar Heat Exchange Manufacturing (SHEM), Perry, KS will present a webinar on combining various grant and rebate incentive programs to achieve a 55% cost reduction for commercial solar hot water systems. The webinar will be on Friday, February 25, 2011 at 10:00 A.M.

Solar Heat Exchange produces solar hot water systems for resale throughout the United States. They also provide grant administration to enable rural Midwestern businesses to access the USDA "Renewable Energy for America Program" (REAP) 25% solar thermal grants in combination with 30% Federal cash back "Treasury Grants for Specified Energy Property in Lieu of Tax Credit". The deadline for grant submission is April 1st. Funds are limited, and provided on a first come, first serve basis.

Solar Heat Exchange has partnered with Mid-American Water and Plumbing in Manhattan and King's Solar in Hillsboro, KS to provide a free site evaluation to interested parties.

For details on the solar hot water webinar, State and Federal programs, or to schedule a free site evaluation, please visit the Solar Heat Exchange website at www.simpledrainback.com/incentives, or call 785-597-2333.

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Solar Inspired LED Solar Lamp Brings a New Design Concept to the Market

Tue, 15 Feb 2011 16:50:26 +0000

Los Angeles, Calif. - February 15, 2011 -- Greendix, a fast rising supplier of custom solar panels, debuts a solar LED lamp concept for the consumer electronics market.

Greendix's solar LED lamp incorporates a leaf-shaped solar panel providing 14% plus efficiency. The lamp includes a built-in 1800mA NiMH battery and six 1.2W high-brightness LEDs. The lamp has an eco friendly design and can be used as a desk lamp, night light, camping light or emergency light. The leaf-shape solar panel charges the battery in 5 hours and the built-in sensor prevents overcharging of the battery. The ambient sensor also can automatically turn on the LEDs at night. The metal base design allows the solar LED lamp to perform in temperatures of up to 65 degrees Celsius.

Joseph Lin, President of Greendix commented, "The leaf-shaped solar LED lamp brings a new product design into the market. The design of the lamp is weatherproof and it features a new technique where the LEDs can be embedded directly into the solar panel saving space. This is consumer ready product and we are accepting orders from consumers or distributors.

About Greendix:

Greendix is a Taiwan based company leader in the design and supply of custom solar panels for the OEM/ODM market. Greendix designs and manufactures advanced custom shaped and colored solar panels with their innovative proprietary and patented cutting process. Additional information about the company is available on the web at www.Greendix.com.

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Philadelphia PA - PhillyJunk Expands Fleet and reaches 99% Recycled or Donated Material Goal

Mon, 14 Feb 2011 16:10:48 +0000

Bala Cynwyd, PA February 14, 2010 -- PhillyJunk, a local family owned and operated residential and commercial junk removal company, is adding to its truck fleet and expanding their business. "In less than one year the response to our residential and commercial junk removal services has far surpassed our expectations," states Marty Ingram, President of PhillyJunk, "To meet the growing demand for our junk removal and estate cleanout services we have expanded our truck fleet. We also will hire five additional drivers to help continue to provide quality service to Philadelphia and the surrounding area."

What makes PhillyJunk standout from other junk removal companies within the market is their desire to help the environment with every junk pick up. They pride themselves as being an environmentally friendly company that specializes in removing e-waste such as computers, televisions and electronics in addition to old furniture, appliances and house cleanouts.

With every pick up, PhillyJunk evaluates all items during removal in efforts to recycle or donate unwanted items. Their goal is to donate as much as possible after every pick up. "We now have reached the point where almost 100% of the material we pick up is either recycled or donated. One man's junk is another person's treasure," states Ingram. "We are pleased that we can continually turn other peoples unwanted material into something useful one way or another. If something cannot be donated, we then take items to an environmentally friendly transfer station to recycle. We want to make sure that we are doing our part to give back."

PhillyJunk provides free on-site estimates by a team of professionally insured drivers. PhillyJunk provides cleanouts of apartments, houses, garages, basements, attics, rooms and back yards. Within the commercial sector, their services clean out retail stores, office and warehouses facilities. To book an appointment, you can visit on PhillyJunk.com or calling 1-888-810-JUNK. "Frankly, our business is all about service so we prefer our customers just to call us!" states Ingram.

About www.PhillyJunk.com:

PhillyJunk.com is a locally owned and operated company serving Pennsylvania, New Jersey and Delaware. They provide services to residential, commercial and government agencies. They are open seven days a week. To schedule an appointment visit www.phillyjunk.com or call 1-888-810-JUNK.

Contact:
Marty Ingram, President
http://www.PhillyJunk.com
888-810-JUNK

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Solar Thermal Education - US Solar Academy

Wed, 22 Dec 2010 11:32:57 +0000

Jacksonville, FL, USA December 21, 2010 -- Alternate Energy Technologies, LLC (AET) further promotes solar thermal education by teaming up with National Solar Trainers to offer quarterly factory direct training at the US Solar Academy in Charlotte, NC. The five day, in depth training will consist of advanced thermal design and hands on labs from residential to large commercial solar thermal systems. Completion of the solar thermal course qualifies the attendee as an Authorized AET Dealer. AET is expanding their dealer and distribution network and is looking for authorized dealers in your area. Registration for the class is available at www.aetsolar.com.

Seminar Registration Form Feb 2011_.pdf

Training Flier Feb 2011_.pdf

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Circa Solar Energy Inc., Toronto, Ontario, Canada. Selling & Installing Solar Worldwide

Mon, 06 Dec 2010 13:54:11 +0000

/EINPresswire.com/ Circa Solar Energy Inc., out of Toronto, Ontario, Canada launched their worldwide service December 1st, 2010 of supplying and installing home Solar PV systems both Grid-Tie, and Stand Alone.
Circa Solar is also supplying and installing Dual Axis Astrological Trackers both 5 kilowatt and 10 kilowatt systems for farms and rural areas.
Our President and Founder Andrew T. Choly along with partners Lorna L. Splichen, and Jerry I. Hefner have made it our quest to install and supply Solar and Wind products worldwide, thus saving the world we live in for the future of our children.

DC Artists Get A Boost

Mon, 20 Sep 2010 20:17:23 +0000

DC Architectural Firm Contributes to Our Cultural Community

Washington, DC - September 20, 2010 -- Could the current economic climate threaten our usually thriving arts community in the DC area? Our area is so rich in cultural resources but when times get financially tough they tend to lose the funding so desperately needed to foster a diverse cultural community.

The recent relocation of Perkins+Will, an Architectural firm in DC, left the company with a surplus of furniture and equipment. In an effort to be responsible with their resources, Perkins+Will joined up with Etreev and sold or donated 100% of their items. A majority of the materials went to local arts programs, The Torpedo Factory in Alexandria, and The Lorton Workhouse Arts Center in Lorton. Together, these art centers house over 300 area artists and offer educational courses in hopes to provide a diversity of artistic expression and experience.

"Art is an important facet of our culture. When the economy goes south, the arts often suffer the first cuts. I am pleased Perkins+Will was able to contribute to the needs of our local arts community," said Gregory Korthase, President of Etreev. Perkins+Will also donated items to Habitat for Humanity Potomac, and Treasures for Life, an area thrift shop that supports local charities including the Brain Foundation and Life Line, Inc.

According to Mr. Korthase, over 21 tons of the material was diverted from the landfill and over 53 metric tons of greenhouse gases were eliminated. Every American produces an average of 4.5 pounds of waste a day. This collaboration allowed Perkins Will to reduce the equivalent of waste produced by 9,527 people in one day.

Etreev is a local sustainability consulting firm committed to saving customers money, time, energy and helping the environment by making reuse easy. Visit www.etreev.com

If you would like more information on this topic, or to schedule an interview, please contact Gregory Korthase (571-229-5312) or email: gregory@etreev.com.

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NST and AET work together to create the leading dealer training course

Wed, 15 Sep 2010 13:34:58 +0000

Two of the most experienced solar companies have teamed up to provide the training and the tools needed for solar professionals to reach success.

September 16, 2010 -- Alternate Energy Technologies (AET) has supercharged solar training for their dealers with a thoroughly enhanced training program developed by National Solar Trainers LLC.

With over 35 years of experience in the solar thermal industry AET now partnering with NST will continue to help thousands of solar installers thru the years. They are the perfect partners for both new and seasoned professionals to gain the tools needed for success.

National Solar Trainers provides a full 5 day long solar thermal training course, covering in depth the fundamentals, design and practice of solar installations. Renowned for its hands-on format, the course requires students to install fully functional systems on state-of-the-art mock roofs in lab groups of 3-5, ensuring all students will play an active role in the installation process before installing their own systems. In the second part of the course, students will learn the sales, marketing and business techniques, unique to solar, that will help them land more jobs and build highly successful solar companies.

"This new dealer package is a great opportunity for solar contractors everywhere. If they want to launch their business, this is the place to go. NST training is top in the industry and will cover all the skills and inside tips they'll need," said Tara Byrom, VP of Sales and Marketing of AET.

Alternate Energy Technologies is an industry leader in providing dealers with exceptional services. Once students have completed the leading 5-day training program, they will receive an Authorized AET Dealer Certificate. This certificate allows them access to exclusive marketing and branding materials, consumer financing programs offering customers solar systems with no money down, access to government contracts through AET's GSA and ARRA Schedule, as well as highly competitive price discounts on the industry's best collectors.

"We're very excited to be working with AET. Their experience and market leadership really shows. The new program is a great chance for contractors to pick up the full set of skills needed to become highly successful solar companies," said Lars Rudstam, Sales and Marketing Manager of NST.

AET Dealers will receive the full package for solar business success starting on October 25th, 2010 with soon to be announced regularly schedule classes. AET's dealer training program will be held at the U.S. Solar academy, a state of the art, 10,000 square foot solar training Academy located in Charlotte, NC.
To sign up for this course or get more information on AET's dealer program please contact AET's Marketing Office at 800-874-2190.

Selena Alger
www.AETsolar.com
selena@aetsolar.com
Alternate Energy Technologies
1057 Ellis Road N, #4
Jacksonville, FL 32254
Phone: 904-781-8305 xt 117
Fax: 904-781-1911

LadyBug Shareholders to Get Stake in New Solar Spin-off

Fri, 20 Aug 2010 14:02:18 +0000

Aug. 20, 2010 - LadyBug Resource Group will spin-off its New Solar Electricity Corporation to the shareholders on Oct. 4, 2010. Shareholders will receive one share of New Solar Electricity Corporation for every 10 shares of LadyBug they own.

New Solar is developing a technology to use concentrating solar power to capture energy from the sun and transfer it in the form of heat to run steam turbine generators.

Dr. Craig Barton, COO of LadyBug, said, "We're pleased that our shareholders will have the opportunity to participate in the upside potential offered by New Solar Electricity Corporation. With our recent signing of the Letter of Intent to acquire 100% of Men's Medical Corporation, we feel this portfolio realignment will further enhance our long-term goals of double-digit growth and greatly improved returns."

New Solar Electricity Corporation, which will be headquartered in Orlando, Fla., is an alternative energy company seeking to capitalize on the solar energy market through the development of a low-cost solar concentrator that saves manufacturing costs while increasing the power generated.

For more concentrating solar power news, visit Solar Energy Industry Today.
Concentrating Solar Power news - http://solarenergy.einnews.com/news/concentrating-solar-power

Located at http://solarenergy.einnews.com, Solar Energy Industry Today is a solar energy news monitoring service from EIN News.