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Wednesday, October 22, 2014 8:53:19 AM
The purchase orders come from Fortune 500 companies and are made up of orders of patent pending EV ARC(TM) and Solar Tree® HVLC products equipped with EV charging stations, custom branding and unique technology solutions such as the patented EnvisionTrak(TM) solar tracker.
"This represents our highest level of sales in a 30 day period to date," said Desmond Wheatley, CEO of Envision Solar. "It continues the trend of increased sales we have executed in 2014 and I'm confident that it bodes well for the remainder of 2014 and 2015. These top tier customers are choosing our latest products because they are the best in the industry and they fill needs that others cannot. We hear this from our customers and the proof is in these current sales and also in our significant and growing pipeline. Our sales team is well equipped to continue this growth."
The EV ARC(TM) and Solar Tree® products covered by these purchase orders will be produced by the Company and delivered to customers during Q4 of this year and the first quarter of 2015.
Frost and Sullivan forecasts that EV charging infrastructure deployments will grow at a 128% CAGR over the next five years. Solar powered charging offers the cleanest and easiest method for the deployment of such infrastructure particularly in cities and remote locations.
http://www.marketwatch.com/story/envision-solar-announces-over-two-million-dollars-in-new-orders-2014-10-21?siteid=bigcharts&dist=bigcharts
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