Thursday, December 03, 2009

Evolution Solar Engages International Strategic Consultants

PHOENIX, Ariz.--(BUSINESS WIRE)--Evolution Solar Corp. (PinkSheets:EVSO) today announced that the Company has engaged Beacon, Ltd. a Bermuda based consulting firm to assist the Company in introducing its renewable energy solutions to the Bermuda market. The government of Bermuda has mandated that the Ministry of Energy must create 20MW of electricity from renewable sources by 2020. The Bermuda Ministry of Energy is currently considering a proposal from Evolution Solar to provide a 10MW solar power plant utilizing Evolution’s technology and services.

Mr. Eric Henderson, Chairman of Beacon, Ltd. stated, “We believe the engagement of Beacon, Ltd. will provide Evolution Solar with a significant opportunity for international expansion and we are excited about helping to ensure this becomes a reality.”

“The engagement of partners such as Beacon will allow us the best opportunity for Evolution’s products and services to gain traction in the global marketplace,” stated Robert Hines, President of Evolution Solar Corp. “I believe the next several months will be a pivotal time for Evolution Solar as we continue to enhance our business model and begin to realize our true potential.”

Evolution Solar expects to benefit from growth within the solar industry along with competitors such as Sun Power (Nasdaq:SPWRA), First Solar (Nasdaq:FSLR), Trina Solar LTD (NYSE:TSL), and LDK Solar Co. LTD (NYSE:LDK).

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