Propellus Inc (PRPS)

[ZenMan 111]

Last night SSOL responded to the question “Completed Job???” about the latest picture “1MW Tracker” on their Facebook page with the answer “1.1 MW in Hanford, CA”. This appears to be the large contract, signed last April 21, with Wreden Ranch in Handord, CA.
This contract is money in the bank, NOW, as stated by James Zhang the CEO of Sunvalley Solar inc., "This is definitely a milestone for Sunvalley Solar in terms of the system size and the project funding solution. The customer's financial support, in the form of a project loan from a financial institution and a banking partnership, effectively addresses solar funding issues resulting from the termination of the Federal Cash Grant solar incentive plan last year. The faith, by both the bank and the customer, allows Sunvalley to demonstrate its commitment to its customers and provide the highest quality solar solutions. We are confident of future contracts with this project financing capability,"

http://finance.yahoo.com/news/sunvalley-solar-awarded-1-122kw-100000469.html