Clear Skies Solar’s Backlog Grows
PC's Solar Photovoltaics Blog
Clear Skies Solar Inc (CSS) announced it has received three separatesigned contracts for a total of $500,000 or 120 kw’s last week. Theseprojects are cash deals to CSS being financed by the clients themselves. Realizing the financial benefits of investing in solar, the clientsdecided to fund these projects internally and gain the benefits thatcome along with owning solar energy systems in New Jersey.
"Onceagain I am pleased to announce the increasing growth we are experiencing at CSS. We are progressing at a healthy clip with equipment deliveriesexpected as soon as this week. The projects we are signing in generalare in the sub 500kw range and we are excited to be announcing thefurther expansion in the coming weeks into additional US markets. Ournew sales model that began in January has proven to be a tremendoussuccess and has proven to be worthwhile duplicating in the othermarkets," says Ezra Green, CEO Clear Skies Solar.
With sales of$5.5 million in 2010, CSS in the first four months of 2011 has signedand financed projects in excess of last year’s revenue and expects tosteadily increase that growth through 2011. The increase in solarawareness throughout the country along with the growing economy willprovide new markets steadily for CSS to expand into.
With thelines of credit reopening for small to medium size businesses, therenewable energy market will experience a jump in self-financed solarprojects. Institutional financing that was previously unattainable forsolar energy systems is now starting to be accepted by major banks inthe US and have backed several large west coast based solar installation companies.
