Thursday, April 23, 2009

Stimulus Program Opens Doors for Evolution Solar

PHOENIX--(BUSINESS WIRE)--Evolution Solar Corporation (PinkSheets:EVSO) announced today that it has identified U.S. partners with whom the Company can apply for major grants under the alternative energy provisions of the $800 Billion stimulus program. By partnering with established U.S. companies, EVSO will be able to tackle more and larger projects than it could acting alone. The Company expects this to allow it to expand market share more quickly.

“With over $30 Billion coming to the alternative energy industry in the next two years, EVSO wants to be ready to expand with the opportunity to address America’s energy needs,” stated Robert Kaapke, CEO of Evolution Solar Corp. “As an aggressive and growing energy company, we expect to lean on our partners to help us implement on a larger scale.”

The solar industry is expected expand significantly with producers, such as SunTech (NYSE: STP) and Energy Conversion Devices (NASDAQ: ENER), seeing substantial order growth.

About Evolution Solar Corporation

Evolution Solar Corporation, (PinkSheets: EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.

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