PONTE VEDRA BEACH, FL--(Marketwire - February 23, 2011) - Solar Energy Initiatives, Inc. (OTCBB: SNRY), with business in solar project development, today announced that the Company has sold its Solar (EOS) Division for a note and assumption of defined debt. The EOS division is a technical training school for understanding the core concepts needed to install solar photovoltaic and thermal systems.
David Fann, CEO of Solar Energy Initiatives, Inc., stated, "With the sale of the EOS Division, the company will now streamline its business and focus on its growing pipeline of municipality projects through the SNRY Power Division."
Wednesday, February 23, 2011
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