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Total Sales Reaches Over $11 Million as of June 30, 2011
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Companies:
Clear Skies Solar Inc.
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CSKH.OB 0.03 0.00
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Press Release Source: Clear Skies Solar, Inc. On Wednesday July 27, 2011, 6:00 am EDT
MINEOLA, N.Y., July 27, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH.OB - News), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has reached over 1 megawatt or $4 million in customer signed contracts for the month of June.
With majority of our projects financed and the balance in the process of being financed, we are looking forward optimistically to a healthy 2011 for Clear Skies Solar. With our diversified portfolio of projects now under construction we are happy to announce we have recently completed the first installation under our new high volume project management program. We currently have approximately eight projects under construction at different stages varying in size from a residential 4 kilowatts to several commercial facilities of 160 kW's and 250 kW's respectively.
The CSS process of execution is initially based on client financing with the installation dictated by engineering and product delivery. Our products are shipped from Asia, Canada and the United States with lead times up to 4-6 weeks which fits into the overall process of a project. With sales increasing and construction under way, we have been able to enter discussions with several non-dilutive sources of project and product funding.
We recognize that discussing events is very important but we at CSS also owe it to the shareholders that the information being delivered is not premature and subject to any radical change.
We look forward to delivering more good news. Ezra Green, CEO CSS
About Clear Skies Solar, Inc.
Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time, the Company developed its proprietary systems, obtained important licenses and certifications, and acquired technologies to maximize the impact of its construction expertise in the renewable energy sector. Clear Skies Solar has become one of the premier solar electric installation companies in the country. For more information about CSS please visit http://www.clearskiessolar.com
The Clear Skies Solar, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7498
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" that involve risks and uncertainties. These include statements about Clear Skies Solar's expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from these forward-looking statements can be found in Clear Skies Solar's periodic reports filed with the Securities and Exchange Commission. Clear Skies Solar undertakes no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.
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Joe Noel
Joe Noel is an award-winning stock picker and analyst with more than 30 years of experience in the investment and technology industries.
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Joe Noel is an award-winning
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and analyst with more than 30 years of experience in the investment and technology industries.
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Cler Skies Solar (CSKH) – It appears business at the Company is booming, but it simply isn’t yet reflected in the stock price. We view shares has significantly undervalued and investors who want to do some homework should read the Company’s latest press releases and pick up the phone and call the Company to perform due diligence. If what the company is saying comes to fruition, these shares should see strong appreciation.