Scottsdale, Arizona 10/14/2008 12:53:20 AM
News / Finance

Premier Power Renewable Energy Inc. (PPRW.OB) Completes Solar Installation to Benefit New Jersey’s Green Drivers

http://www.qualitystocks.net/ would like to highlight Premier Power Renewable Energy Inc. (OTCBB: PPRW). The company is a leading global provider of small to large-scale solar power systems, delivering unmatched experience to commercial, agricultural and residential customers throughout North America and Spain. Premier Power designs, engineers and integrates the solar industries’ leading products. Premier Power’s technologies and services have enabled its customers to maximize clean energy output along with project savings.

 

In the company’s news Friday,

 

Premier Power Renewable Energy Inc. announced the completion of the first of two dual-purpose solar projects, each expected to generate enough energy to provide heat and light for 50 homes per year. Each solar canopy includes more than 600 solar panels and will total an aggregate 402Kw on the rooftops of two large six-story parking garages on each side of the new Trenton AMTRAK/NJ Transit center.

 

These projects are estimated to eliminate roughly 141 tons of CO2 emissions annually; but their purpose doesn’t stop there. The solar arrays will be equipped with charging stations for Plug-in Hybrid Electric Vehicles (PHEVs) and Electric Vehicles (EVs).

The solar project and charging station will benefit EV drivers in New Jersey and enhance advances in green initiatives, and reflects Premier Power’s and Nexus’ collaborative efforts.

 

“These projects exemplify Premier Power’s ability to provide our clients with unique, cost competitive renewable energy solutions. Premier was awarded this opportunity by employing a cooperative approach with Nexus Properties, to maximize energy output while minimizing the footprint of the project. We applaud Nexus for their forward-thinking and professional approach to jointly developing and implementing this landmark project,” Stephen Clevett, executive vice president of Premier Power stated.

 

The companies have scheduled the ribbon cutting for the project later this month and will feature several electronic vehicles utilizing the charging station, as well as the successful implementation of the first solar project.

 

William Harris, vice president of operations for Nexus Properties, stated, “Premier Power’s ability to be flexible, to meet the specific requirements for a clean energy solution illustrated by each of these projects, and its commitment to following up with the highest level of professional resources to compete the project on schedule and on budget is, in our opinion, unique in the solar business.”

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.