The Woodlands, Texas, April 6, 2010 — Management of Evolution Solar Corp. will benefit from millions of dollars in energy efficiency stimulus funds that were just awarded to public entities throughout Texas, and the company has learned that millions of more dollars are on the way.
Much of this money should result in numerous solar power projects in Texas. Texas governmental entities will be issuing bids for energy-related contract work very shortly. There will be varied types of opportunities, and many will be focused on alternative fuel, traffic signalization, building efficiency, retrofits and solar panels.
The Comptroller’s State Energy Conservation Office, which administers the traffic signal and alternative fuel programs, is notifying awardees who will receive $52 million from the Distributed Renewable Energy Technology Program.
“Once again, Texas is making solid moves to expand the state’s alternative energy resources,” stated Robert Hines, President of EVSO. “This recent round of generous funding proves that they are committed to the effort.”
Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be located at the University’s Houston Campus. The project should help Evolution Solar acquire new projects in a sector that is growing to compete in the energy industry, which contains First Solar, BP, Valero Energy Corp. and Trina Solar.
Evolution Solar Corp. commercializes alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances.