TGI Signs Memorandum of Understanding With e2/Energy Solutions
February 18 2010 - 9:31AM
Marketwired
TGI Solar (PINKSHEETS: TSPG), provider of solar and other clean
technology products and solutions, announced today that it has
signed a Memorandum of Understanding with e2/Energy Solutions, LLC
(e2), regional Northeastern US integrator in commercial solar
energy, lighting & HVAC installations.
"We are very excited to establish a partnership with a major
regional provider of the solar energy business," said Henry Val,
CEO of TGI Solar. TGI and e2 are exploring the formation of a joint
venture to design, develop and execute solar and other green energy
projects.
"This partnership will ensure that e2 can continue to expand,"
said Paul Udowychenko, President of e2. "To evolve from a regional
to a national company and beyond, while still ensuring strong
integrity and customer satisfaction, we will now be offering
complete financial solutions. The funding will provide capital for
solar and other renewable energy projects on a global
capacity."
About e2/Energy Solutions, LLC.: e2/Energy Solutions, LLC
(www.e2ecta.com) is a full-service provider in commercial solar
energy, lighting & HVAC installations, leveraging the best
people, products, and procedures to achieve energy
independence.
About TGI SOLAR POWER GROUP INC.: TGI Solar (TSPG)
(www.tgisolar.com) is a provider of solar and other alternative
energy products and solutions. The firm provides facility and
process design and integration know-how with its equipment. The
Company offers its products and services to clients on a worldwide
basis and currently maintains JVs in Hong Kong and subsidiary in
Italy with solar installation, integration and energy consulting
firms.
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: Henry Val Email Contact
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