Evolution Solar establishes Bermuda subsidiary

8 February 2010

US solar company Evolution Solar has taken the first steps to establish a new subsidiary in Bermuda. The company said it is seeking to capture opportunities that will be created as a result of the Bermuda government’s Solar Photovoltaic Rebate Initiative for residential users.

The Bermuda government is looking to move financially and environmentally from current fossil-fuel supplies to non-fossil fuel based energy, said the company. Evolution Solar said it wants to play an important role in assisting in the reduction of dependency on these expensive oil imports.

‘We feel very confident that we are undertaking the moves necessary to reap the lucrative future certainties from the Bermuda solar marketplace, from large multi-acre solar farm construction to numerous residential upgrades and the supply and distribution of solar panels,’ said Robert Hines, president of Evolution Solar.

Evolution Solar Corporation commercialises alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. The company also acts as a consultant agency to organisations in their procurement plans for alternative energy contracts with public utilities.

Copyright © 2010 NewNet

Tags: solar

This story was published on Monday, February 8th, 2010 at 3:38 pm and is filed under North America, companies, solar. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply