PHOENIX--(BUSINESS WIRE)--Evolution Solar Corporation (PinkSheets:EVSO). Because the solar industry continues its rapid growth, EVSO has decided to seek acquisitions of existing solar companies to expand its ability to deliver projects for new clients. The Company will focus on acquiring companies with proven distribution and installation experience.
Driven by the forces of strong stimulus spending, new and cheaper technologies and the desire of Americans to embrace green, renewable power, solar continues to grow as an industry. There are many small solar companies engaged in sales and distribution but with no platform on which they can expand nationally. These are the targets that will be evaluated by EVSO.
“By expanding our operations from a consulting and design model aimed at project development, to a model that includes the ability to execute projects with our own personnel, we take control of our own destiny,” stated Robert Kaapke, CEO of Evolution Solar Corp. “As we identify and close on target acquisition(s) we expect to see our synergies increase.”
EVSO expects to incorporate products produced by, Sun Power (Nasdaq:SPWRA), First Solar (Nasdaq:FSLR), Trina Solar LTD (NYSE:TSL), and LDK Solar Co. LTD (NYSE:LDK).
Tuesday, June 16, 2009
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