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Share Name | Share Symbol | Market | Type |
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Evolution Solar Corporation (CE) | USOTC:EVSO | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.0001 | 0.00 | 00:00:00 |
Evolution Solar Corp. (Pink Sheets: EVSO) announced today that the company signed a memorandum of understanding with Dihzahyn, an organization dedicated to retrofitting childcare centers with green energy technology.
EVSO President Robert Hines said on Thursday that the memorandum is intended to facilitate and promote cooperation between Evolution Solar Corp. and Dihzahyn towards a potential partnering agreement. Such an agreement would facilitate the sale, distribution and installation of solar panels provided by EVSO on projects selected by Dihzahyn.
“Evolution Solar Corp. is excited by the prospect of working with Dihzahyn, and we’re pleased to put our desire for a definitive agreement into writing with this MOU,” Hines said. “The solar energy revolution is aimed squarely at improving environmental quality for the next generation, so it’s only fitting that we partner with an organization determined to make solar power a fixture at childcare centers across the Greater Houston area.”
Any potential partnership between EVSO and Dihzahyn is likely to provide EVSO with solar projects that demonstrate the company’s cost-effective products for current and future commercial clients, Hines said. Under such a scenario, EVSO would provide Dihzahyn with the solar panels, power inverters, control boxes, and other equipment needed to retrofit childcare centers with solar power. Missouri City-based Dihzahyn would handle the selection of suitable projects as well as their design and implementation, likely beginning with a project in Brazoria County.
“Currently, many young children attend classrooms daily that are toxic and unfit for learning,” said Dihzahyn Owner and President Yolanda Ford. “Dihzahyn and its partners will be the catalyst of change for sustainable, innovative design of traditional child care.”
EVSO has focused on increasing its presence in the Greater Houston area in recent weeks. The company is also negotiating an agreement with the Career Transition Center (UCTC) to collaborate on a training program in Houston that could assist dislocated and unemployed workers in learning to apply their skills to alternative energy projects. That project as well as others should help Evolution Solar acquire new business in a sector that is growing to compete in the energy industry, which includes First Solar (NASDAQ: FSLR), the Southern Company (NYSE: SO), NextEra Energy, Inc. (NYSE: NEE) and Duke Energy Corporation (NYSE: DUK).
About Evolution Solar Corporation
Evolution Solar Corporation (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.
For more information, please visit http://www.evolutionsolar.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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