Renewable Energy Stocks; Newly Listed Solar Stock, Clear Skies Holdings, Inc (OTCBB: CSKH)

Renewable Energy Stocks; Newly Listed Solar Stock, Clear Skies Holdings, Inc (OTCBB: CSKH)

Full- Service, Solar Developer Announces Installation Agreement Valued at $1,281,800

POINT ROBERTS, WA and DELTA, BC January 16, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents featured showcase solar company Clear Skies Holdings, Inc (OTCBB:CSKH). Clear Skies is a developer of solar energy products and a full-service integration company specializing in the turnkey installation of commercial photovoltaic (PV) solar systems in commercial, industrial, and agricultural markets.
On January 15th, the recently listed OTC Company announced a $1,281,800 agreement with Hawthorne Machinery, to install a solar energy system at their headquarters in Rancho Bernardo, CA. Hawthorne Machinery Co., is an authorized Caterpillar dealer, providing sales, rentals, parts and service to contractors worldwide. Under the terms of the agreement, Clear Skies will install a 159 kW solar photovoltaic (PV) system designed to offset the majority of their facility’s current energy usage charges.
Clear Skies reported, “After federal tax credits and a performance-based incentive (PBI) from the California Solar Initiative (CSI), Hawthorne Machinery is expected to incur an effective purchase price of only 20% of the cost of the system.”
Clear Skies has also developed a proprietary low-cost remote monitoring solution, XTRAX, to penetrate the emerging market for remotely measuring the production of renewable energy systems.
According to a recent report by Research and Markets, “Solar is one of the fastest growing energy technologies in the global economy and in the cleantech universe. When compared with other energies like coal and petroleum, solar energy is infinite and inexhaustible. It is also a type of clean energy that causes no environmental pollution. Therefore, it will have an immeasurable impact on the future of human race.” (http://www.researchandmarkets.com/reports/c78628)
About Featured Showcase Company: Clear Skies Holdings, Inc. through its wholly-owned subsidiary, Clear Skies Group, Inc. (“CSG”) provides full service renewable energy solutions to commercial, industrial, and agricultural clients across the United States. CSG’s combination of proprietary technology and high-tech solutions with construction expertise has enabled CSG to become one of the nation’s premier solar electric installation companies.
More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
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Source: RenewableEnergyStocks.com, Clear Skies Holdings