Tuesday, February 24, 2009

Sunrise Solar Begins Development of Industrial Solar Applications

SAN ANTONIO--(BUSINESS WIRE)--Sunrise Solar Corp. (OTCBB:SSLR). Sunrise solar has begun the internal development of a new solar technology for industrial applications. This technology will aim to deliver clean, green power on a commercial scale for industry, including other green industries such as biofuels, biodiesel and ethanol production.

Industry must increasingly consider ways to reduce its carbon footprint by reducing the amount of energy consumed from fossil fuels. SSLR’s technology development will be aimed at delivering a direct reduction in the use of oil & gas by replacing it with industrial levels of solar energy.

“We have initiated the development of industrial solar applications to help industry reduce dependence of fossil fuels,” noted Eddie Austin, Chairman and CEO of Sunrise Solar Corp. “Every company must consider how to reduce its carbon footprint in the next five years, and we see industrial solar technologies as a key answer to that challenge.”

“We are positioning our product development to focus on the needs of industry rather than the home and consumer market where most of our competition is focused,” Austin concluded.

The world is awakening to the importance of solar power both to the reduction of carbon emissions and to energy independence. Companies such as British Petroleum (NYSE: BP PLC) are aggressively diversifying into solar development with installations in over 100 countries. Japan is aggressively developing solar technologies in a joint venture with Shell Oil (NYSE: RDS.A) to build a $900 million solar power plant. As these giants break ground, mid-size industries will quickly follow in the implementation of solar energy projects.

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