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 Solar Energy Initiatives Inc. - SNRY
EVRN gained 90 % Todayfrom my call yesterday, Tomorrow look at SNRY — Solar Energy Initiatives, Inc.
“The only interesting answers are those which destroy the questions.”
Sometimes I promote Stocks, Sometimes I dont
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Snry
Solar Energy Initiatives.
SNRY
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Solar Energy Initiatives, Inc (SNRY)
Solar Energy Initiatives, Inc. is dedicated to reducing the world's dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, while building a profitable company. We are executing on a three pronged approach to achieve our plan. This includes: continuing development of one of the fastest growing dealer networks in the U.S. that sells and installs solar solutions to homeowners and commercial customers; placing solar systems on large commercial buildings and selling the energy output to the owner/occupant(s); and becoming a developer of solar parks bringing together landowners, utilities, and our corporate resources to build large photovoltaic installations.
Important Company Highlights
Solar Energy Successfully moved from development stage to fully operational solar enterprise in the fastest growing industry worldwide in 2008.
The Company is anticipating its revenue run rate to be at $6 million by fiscal year- end July 31, 2009 and $21 million by the 2010 fiscal year-end.Solar Energy has established a network of fifty dealers within their independent solar sales division, which is one of the largest in the U.S.The Company will utilize the equipment of BP Solar a division of British Petroleum, GE Solar a division of General Electric ,and leading off-shore Asian suppliers as it accelerates it integration strategy, the next growth segment of the Solar Industry.Management has an arrangement with an Asian Photovoltaic Solar Panel manufacturer to exclusively represent their products in North America.The 8-year extension of the Federal Investment Tax Credit and the anticipated drop in the cost of solar electric generation bodes well for the Solar Industry.The Company is now generating revenues from the sale of solar products to their network of 50 + dealers as well as income generated from the addition of new dealers and Solar University training.The number and quality of commercial and solar park projects in the pipeline continues to grow, with total capacity for all projects exceeding 50 Megawatts.The Company attracts its dealer network through its proprietary domain name and website, solarenergy.com.The site is the most visited solar website in the world, currently receiving over 350,000 "hits" per month.
Company Information
Solar Energy Initiatives, Inc.
818 A1A North
Suite 202
Ponte Verda Beach, FL 32082
CEO: David Fann
Employees/Consultants: 13 Incorporated: in Delaware June 20, 2006, as NP Capital Corp; name changed to Solar Energy Initiatives, Inc. Sept. 3, 2008.
Issue Type: Common Stock
Sector: Technology
Industry: Electronics
Share Statistics:
Outstanding:16,244,131
Float:3,040,819
NebulaStocks - Stocks That perform To Expectations
“The only interesting answers are those which destroy the questions.”
Sometimes I promote Stocks, Sometimes I dont
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 Originally Posted by stockseekerok
EVRN gained 90 % Todayfrom my call yesterday, Tomorrow look at SNRY — Solar Energy Initiatives, Inc.
Solar Energy Initiatives Announces Green Energy Alliance with RS&H and K Power Inc.Last update: 7/1/2009 8:30:01 AMPONTE VEDRA BEACH, Fla., Jul 01, 2009 (BUSINESS WIRE) -- Solar Energy Initiatives, Inc. (SNRY), executing on a grass roots campaign, "RENEW THE NATION", to help redeploy a portion of the U.S. work force and focus on reducing the world's dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, today announced that the Company is a founding member of the Green Energy Alliance, a strategic affiliation with RS&H, one of the nation's leading facilities and infrastructure consulting/engineering firms, and K Power Inc., a provider of full service solar energy solutions to commercial and industrial users. 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. RS&H and K Power are leaders in energy and power generation/construction and as a combined entity possess the ability to build commercial solar projects and solar parks that could extend to well over 100 megawatts. The newly formed relationship will provide Solar Energy Initiatives with both new business relationships and access to capital through affiliated relationships. The companies' parallel operational focus and business strategies provide a platform for a long lasting and mutually successful relationship. "This alliance provides Solar Energy Initiatives with the experienced and capable relationships needed to target larger sized commercial solar projects," stated, David Fann, Chief Executive Officer, 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 18 megawatt 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 $80 million solar park in California." RS&H, founded in 1941, is a multi-disciplined facilities and infrastructure consulting firm whose client-centered program structure provides value-added solutions to clients around the world. RS&H, an Engineering News Record (ENR) Top 100 ranked firm has offices in Florida, California, Colorado, Georgia, Illinois, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, Ohio, Texas, Utah, Virginia and Washington DC. RS&H's market sectors include Aerospace, Aviation, Commercial, Corporate, Defense, Education, Federal, Health, Public Infrastructure, Science/ Technology, Transportation and Construction Engineering Services. "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," stated, 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 100 megawatts. 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, Inc., 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. K Power excels in the design, installation, service and incentive/rebate procurement of solar power. Matt Kenyon, President of K Power, Inc., commented, "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." About K Power, Inc. A provider of turn key solar thermal and solar electric systems that fit the unique requirements of our clients' energy needs. From design and installation, to service and incentive/rebate procurement, K Power, Inc. helps our customers to realize substantial savings on energy costs, while supplying a clean source of energy straight from the power of the sun. As a division of the Dana B. Kenyon Construction Company, K Power has the ability to apply resources from our established 25-year general contracting company, and will make sure that your solar thermal and/or solar electric system is completed with professional detail, quality, and service. For more information please visit or . About RS&H: RS&H is one of the nation's leading facilities and infrastructure consulting firms whose client-centered program structure provides value-added consulting solutions to clients around the world. With a tradition that began in 1941, RS&H has 32 offices nationwide, which provides full service architectural, engineering, planning and environmental consulting services to clients world-wide. RS&H is an industry recognized leader in providing advanced energy services, LEED and advanced technology to clients world-wide. RS&H can be reached at 1.800.741.2014 or . About Solar Energy Initiatives, Inc. Solar Energy Initiatives, Inc. () is executing its "RENEW THE NATION" campaign, intended to promote job growth nationwide via an aggressive grass roots effort. The main focus of RENEW THE NATION will be working with companies in the construction industry and related trades affected by the economic downturn to re-train and re-deploy their workforce, allowing this important national asset to meet the needs of the Solar Energy industry, the fastest growing industry in the world. We are executing on a three-pronged approach to achieve our plan. This includes: continuing development of one of the fastest growing dealer networks in the U.S. that sells and installs solar solutions to homeowners and commercial customers; placing solar systems on large commercial buildings and selling the energy output to the owner/occupant(s); and becoming a developer of solar parks bringing together landowners, utilities and our corporate resources to build large photovoltaic installations. The Company's dealer network of solar energy installers has access to Suntech Power Holdings Co., Ltd. (STP), BP Solar (BP) and GE Solar (GE) equipment via its distribution agreements. While Solar Energy Initiatives is not a solar franchise, and the Company does not compete directly with industry giants such as First Solar (FSLR), Kyocera (KYO) or Sanyo (SANY.Y), as a system integrator, it provides exciting and practical solutions to businesses and individuals worldwide that understand the value of solar power. SOURCE: Solar Energy Initiatives, Inc.
“The only interesting answers are those which destroy the questions.”
Sometimes I promote Stocks, Sometimes I dont
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Great Call!!
Great Call on SNRY!!! Looks like you have found a real winner here.
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SNRY News
PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Solar Energy Initiatives, Inc. (OTCBB:SNRY), executing on a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force and focus on reducing the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, today announced that the Company expects to report revenues of $2.6 million for the fourth quarter 2009 and recognize positive cash flow from operations.
"Management is extremely pleased with the business momentum that the Company has achieved," stated David Fann, Chief Executive Officer of Solar Energy Initiatives. "Solar Energy Initiatives has successfully increased revenue, achieved cash flow positive status, and established a strong organic revenue foundation for which new contracts will be leveraged. We believe that we will continue to see sustained growth throughout our 2010 fiscal year.”
Operational Highlights
Solar Energy Initiatives, Inc. signed a contract securing land for the design, construction and operation of a 300 Megawatt solar park in west Texas. Solar Energy Initiatives will sell the solar panels and balance of system to the LLC, generating as much as $750 million in revenue over a 6 year time period. During the first year of development, the project will potentially generate over $100 million in sales. The revenue approximation is solely based on the sale of the solar panels and does not account for the sale of generated electricity.
The Company also announced that it has secured federal stimulus funding to train displaced workers as solar energy installation and maintenance technicians. The funding is being provided by the American Recovery and Reinvestment Act of 2009, which was signed into law February 2009, by President Obama. Solar Energy Initiatives is currently in discussions regarding three additional grants.
Thirdly, Solar Energy Initiatives formed the Green Energy Alliance, a strategic affiliation with RS&H, one of the nation’s leading facilities and infrastructure consulting/engineering firms, and K-Power Inc., a provider of full service solar energy solutions to commercial and industrial users. 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.
Mr. Fann continued, “Solar Energy Initiatives is thrilled with the recent milestones that we have achieved, especially in our first year of operation. The Company’s recent accomplishments have allowed us to establish our reputation as a legitimate market leader within the rapidly growing solar energy sector. The Company is currently targeting additional municipal contracts, larger solar park projects and expanding our core dealer network. Management believes that these endeavors will lead to increased earnings and improved shareholder value.”
About Solar Energy Initiatives, Inc.
Solar Energy Initiatives, Inc. (Welcome to SolarEnergy.com) is executing its “RENEW THE NATION” campaign, intended to promote job growth nationwide via an aggressive grass roots effort. The main focus of RENEW THE NATION will be working with companies in the construction industry and related trades affected by the economic downturn to re-train and re-deploy their workforce, allowing this important national asset to meet the needs of the Solar Energy industry, the fastest growing industry in the world. We are executing on a three-pronged approach to achieve our plan. This includes: continuing development of one of the fastest growing dealer networks in the U.S. that sells and installs solar solutions to homeowners and commercial customers; placing solar systems on large commercial buildings and selling the energy output to the owner/occupant(s); and becoming a developer of solar parks bringing together landowners, utilities and our corporate resources to build large photovoltaic installations.
The Company’s dealer network of solar energy installers has access to Suntech Power Holdings Co., Ltd. (NYSE:STP), BP Solar (NYSE:BP) and GE Solar (NYSE:GE) equipment via its distribution agreements. While Solar Energy Initiatives is not a solar franchise, and the Company does not compete directly with industry giants such as First Solar (NASDAQ:FSLR), Kyocera (NYSE:KYO) or Sanyo (OTC:SANYY), as a system integrator, it provides exciting and practical solutions to businesses and individuals worldwide that understand the value of solar power.
Contact:
Solar Energy Initiatives, Inc., Ponte Vedra BeachDavid Fann, CEO, 904-644-6090david.fann@solarenergy.comorAlliance Advisors, LLCChris Camarra or Bryan Kobel, 212-398-3487ccamarra@allianceadvisor...ceadvisors.net
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on.
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Re snry
Slow but steady +3.37 % today on increased volume of 462,064 shares traded. The lower indicators are turning up nicely as well. Watch this one for a possible continuation. Support is .045 and the 50 day MA line of .444 as well as the 20 MA line of ..435 Resistance is .51 .52 .56 and a possible test of .07
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on.
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Nice move so far this morning!
Lets see if SNRY can challenge .54 here 8)
All my comments are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here.
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Solar Energy Initiatives, Inc. (SNRY.OB) is “One to Watch”
Solar Energy Initiatives, Inc. was founded to execute a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force while reducing the world’s dependence on fossil fuels. The company’s business is focused on integrating and selling solar thermal and photovoltaic technologies, while building a profitable company.
Solar Energy Initiatives is committed to a multi-pronged approach to achieve its corporate goals. This approach includes: continuing development of one of the fastest growing dealer networks in the U.S.; solar education and technical training to the private and public sectors, placing solar systems on large commercial buildings and selling the energy output to the owner/occupant(s) through Solar Power Purchase Agreements (PPAs), and becoming a developer of solar parks.
The company has rapidly expanded its dealership network, bringing many newly trained solar contractors to the expanding marketplace. Solar Energy Initiatives’ primary focus is on providing wholesale solar equipment to its network of dealers who perform installations. For do-it-yourselfers and hobbyists, it also offers a wide selection of solar equipment and systems via an online “shopping cart”.
With an extensive background in solar energy, the company’s team and affiliates have the experience necessary to provide technical sizing, support, equipment-matching and sourcing to supply required equipment for nearly any residential or commercial solar project. Management believes the company’s rapid growth will persist throughout the foreseeable future as it continues to expand on an already impressive pipeline.
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Solar Energy Initiatives (SNRY.OB) – Harnessing the Power of the Sun
Solar Energy Initiatives Inc. is dedicated to reducing the world’s dependence on fossil fuels by selling thermal and photovoltaic (PV) technologies while building a profitable company. To this end, they are developing one of the fastest growing dealer networks in the U.S. to sell and install solar solutions to homeowners as well as commercial customers.
The company recognizes that energy from the sun can be used in different ways. Most obvious is the sun’s light, which is used everywhere, via windows, skylights, and solar tubes. But the sun’s thermal energy has been used for a long time for passive solar room heating, hot water and pool heating. And improving technology has now led to an increasing use of the sun’s energy to generate electricity, not only in large solar power plants, but at the individual home and business level.
It’s important to remember that the addition of PV or other solar technologies to a residential or commercial building is greatly enhanced by ensuring that energy efficiencies are already in place. Buildings (homes and businesses) consume two-thirds of all electricity generated in the U.S. Today, structures are being built with an eye on energy efficiency, using more advanced heating and cooling systems and appliances, better insulation, and superior windows and doors. The U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) sets guidelines that many builders are embracing. Any reduction in building energy requirements helps reduce the size (and cost) of solar installations.
Although solar water heating systems have been around for years, photovoltaic (PV) systems are relatively new. PV systems use semiconductors and sunlight to generate electricity directly from the sun. The more solar modules being used, the more electricity will be generated. The direct current (DC) electricity generated by PV systems can be inverted to produce standard AC current for use in homes and businesses. Systems can be tied into the overall power grid, allowing any surplus electricity to be “sold” to the grid, reducing or even eliminating user electricity bills. Battery backup systems are available so that electricity generated when the system is on can be captured for use when the grid goes down.
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Solar Energy Initiatives, Inc. (SNRY.OB) Secures Land to Build a 100 Megawatt Solar Park
Solar Energy Initiatives, Inc. announced this morning before the opening bell that the company’s wholly owned subsidiary, Solar Park Initiatives, signed a contract to secure land for the design, construction and operation of a solar park in California. Solar Park Initiatives will be responsible for providing engineering, permitting, construction, operations and maintenance as well as obtaining the financing of the solar park, while Solar Energy Initiatives will procure the solar panels and balance of system for the project.
According to the press release, Solar Park Initiatives will begin preliminary work, including zoning, permitting, EPA approvals and other activities, immediately with construction expected to begin late next year. The contract possesses a 25 year life with additional renewal options. The 100 megawatt project will be constructed in various increments over a three year time frame.
“This endeavor represents strong validation that Solar Energy Initiatives and Solar Park Initiatives’ synergistic relationship is extremely capable of securing large scale contracts and expanding market presence,” stated, David Fann, Chief Executive Officer of Solar Energy Initiatives. “We believe that as Solar Energy Initiatives and Solar Park Initiatives continue to grow as market leaders and establish credibility with municipalities and landowners that both companies will secure additional contracts, increase our earnings and achieve our primary goal of improved shareholder value. Combined with our previously announced solar park in Western Texas we now have a combined 400 megawatts worth of projects that will begin in the next eighteen months.”
Mr. Michael Gorton, Chief Executive Officer of Solar Park Initiatives, commented, “We are pleased with the success we are having in gaining traction with the assistance of SNRY management team. Our priority is to review and attain additional solar park projects as we continue to gain traction as a leading developer of large scale solar parks. We look forward to implementing this large revenue contract and have several others we will be announcing in the near future.”
Solar Park Initiatives is a recent spin-off of Solar Energy Initiatives. Investors that hold SNRY shares, as of October 15, 2009, will receive one common share of Solar Park Initiatives, Inc. for every two common shares of SNRY owned. The transaction is cash and tax free for all SNRY shareholders.
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