Solar Energy Initiatives announces Green Energy Alliance with RS&H and K Power

1st July 2009

US solar energy company Solar Energy Initiatives, Inc. has founded the Green Energy Alliance, as a strategic affiliation with engineering firm RS&H and solar thermal business K Power, Inc. The Green Energy Alliance will combine member areas of expertise providing turn-key solar solutions including project financing to commercial and solar park projects located in North America and the Caribbean, according to a statement.

The newly formed relationship will provide Solar Energy Initiatives with both new business relationships and access to capital through affiliated relationships, the company said.

‘This alliance provides Solar Energy Initiatives with the experienced and capable relationships needed to target larger sized commercial solar projects,’ said David Fann, CEO, of Solar Energy Initiatives. ‘We believe that the Company now possesses all the necessary tools to target more large scale and higher margined projects much like the 18MW solar park that we recently announced. It is important for our strategic business plan that we form strong partnerships with top notch power companies, funding partners and consulting firms so that we can continue the rapid market penetration we are experiencing. We look forward to signing new contracts that mirror and exceed our $80m solar park in California.’

‘We are extremely pleased to be part of the Green Energy Alliance and to be working with SNRY to assist in deploying solar solutions for large scale commercial projects,’ added Ron Ratliff, executive vice president of RS&H. ‘With the combined capabilities of the Alliance we expect to capture significant market share for large solar projects. Moving forward we will be targeting all sizes of commercial, industrial, institutional and solar park projects. As a combined group we now have the ability to complete projects in excess of 100MW. In addition, the Alliance will work closely with a variety of governmental agencies to optimize and secure substantial grant money for the education and deployment of alternative energy.’

K Power is a wholly owned subsidiary of the Dana B Kenyon Construction Company, is a provider of solar thermal and solar electric systems for large scale projects.

Matt Kenyon, president of K Power, said, ‘The formation of the Green Energy Alliance will allow all the partners to secure large scale solar projects. With our expertise in the design and installation of solar solutions we have the ability along with RS&H and SNRY to work with states and municipalities to deploy low cost energy solutions.’

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