WALNUT, Calif., Oct. 25, 2011 /PRNewswire via COMTEX/ -- Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading solar power technology and solar system integration company, announces today that it has signed a 39 Kilowatt commercial solar installation contract for a company in Valencia, California.
"This system, though not as large as some of our commercial contracts, represents a substantial achievement in our marketing goal of penetrating the relatively new commercial and residential area of Valencia, California. This system will be the second placed in this district and will help us reach our objective of developing name recognition and gaining market share. Ultimately this business will help us generate future contracts," said James Zhang, CEO of Sunvalley Solar, Inc.
This 39 Kilowatt solar power system uses high efficiency solar panels from CEEG (Shanghai) Solar Science and Technology and a solar inverter from PV Powered. The total contracted value is approximately $200K. The contract is supported by solar incentive rebates from the local utility company and from Federal Tax Cash Grants from the Federal Treasury Department.
The installation for this project will start in late 2011.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing the world's carbon foot print from traditional energy sources to make renewable sources such as solar the nation's mainstream source of power.
To learn more, visit www.sunvalleysolarinc.com.