TGI Solar Establishes Solar Power Italy Srl
November 20 2008 - 11:11AM
Marketwired
TGI Solar Power Group Inc. (PINKSHEETS: TSPG), a full turnkey
supplier of vertically integrated systems for a variety of
applications from Solar Parks (solar to grid) to commercial
markets, announced today that it established Solar Power Italy Srl
to launch a range of solar products and systems for the Italian
residential, commercial and solar power plant markets
"The leadership position Italy is taking in Europe in promoting
the use of renewable solar power, and the country's demand for
solar is expected to grow tremendously," said William Lieberman,
president of TGI Solar. "Offering vertical solutions and high
quality panels, TGI Solar is poised to assist Italy's businesses
and homeowners in maximizing the advantages of this renewable
energy resource."
Since the end of 2006, Italy has nearly quadrupled its solar
energy capacity to 197 megawatts, enough to power about 100,000
homes, according to the GSE power management agency's website
(www.gsel.it).
About TGI SOLAR
TGI Solar (TSPG) is provider of manufacturing equipment and
turnkey manufacturing solutions to the photovoltaic (PV) industry.
The Company's products and solutions are used for production of
solar grade polysilicon, manufacturing of multi-crystalline silicon
wafers, production of solar cells and assembly of complete modules.
The firm provides facility and process design and integration
know-how with its equipment. The Company offers its products and
services to PV product manufacturers on a worldwide basis and a
substantial percentage of its sales are to customers outside the
United States.
Forward-Looking Statements
Safe Harbor Statements under the Private Securities Litigation
Reform Act of 1965: Those statements contained herein which are not
historical are forward-looking statements, and as such, are subject
to risks and uncertainties that could cause actual operating
results to materially differ from those contained in the
forward-looking statements. Such statements include, but are not
limited to, certain delays that are beyond the company's control,
with respect to market acceptance of new technologies, or product
delays in the testing and evaluation of products, and other risks,
as detailed in the company's periodic filings with the Securities
and Exchange Commission.
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Contact: TGI SOLAR POWER GROUP INC. Billy Lieberman
1-888-766-6527 David Zazoff 212-505-5976
http://tgisolargroup.com/
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