April 23, 2009 (FinancialWire) — Akeena Solar’s (NASDAQ: AKNS) Andalay AC panels were installed in the first project of an innovative public/private partnership between the California Department of Community Services and Development and MS Solar Solutions Corp. (MSSS), a subsidiary of Morgan Stanley’s Commodities group.

The new housing development, a project of Habitat for Humanity of Orange County, offers low-income housing to veterans and low-income families. The solar installation began on April 16, and used local installation crews from the Community Action Partnership of Orange County and the Conservation Corps. In less than a day, the Habitat for Humanity volunteers installed four Andalay AC systems on two new duplex homes.

The project received praise from Gov. Arnold Schwarzenegger, who commended it for its green job creation, worker training processes, and energy efficiency improvements in low-income homes.

MSSS and Akeena have established an exclusive partnership to outfit low-income households throughout the country with new Andalay AC solar panels. Andalay AC panels eliminate the complicated racking, DC wiring and high-voltage components found with ordinary systems, while increasing solar panel production.

The entire 27-unit project will be completed later this year with the first veteran families moving in later this summer. All units will be outfitted with Andalay AC solar panels and should reduce the homeowner’s electricity bills by more than 70%.

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