Solar Energy is one of the fastest growing industry out there.
Investors has been waiting for SNRY to bounce back strong, now with
the recent news and more NEWS coming this week, this will start a
rally. Look for Volume, Technicals and NEWS to come to JUMP START THE
SNRY ENGINE--
Solar Energy Initiatives, Inc. (SNRY.OB) is dedicated to reducing the
world’s dependence on fossil fuels by selling solar thermal and
photovoltaic (PV) technologies.
RESEARCH ON COMPANIES 3 WAY APPROACH:
-Continual development of one of the fastest growing dealer networks
in the U.S. that sells and installs solar solutions to homeowners and
commercial customers
-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)
-Becoming a developer of solar parks bringing together landowners,
utilities and our corporate resources to build large photovoltaic
installations.
PARTNERSHIPS & BUSINESS:
SNRY’s dealer network of solar energy installers has access to
Canadian Solar (NASDAQ: CSIQ), BP Solar (NYSE: BP), GE Solar (NYSE:
GE) and Suntech (NYSE: STP) equipment via its distribution
agreements.
Being not a solar franchise, 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, the
Company (SNRY.OB) provides exciting and practical solutions to
businesses and individuals worldwide that understand the value of
solar power.
WITH THAT SAID:
Estimated Market Cap $3,357,842 as of Nov 6, 2009 Outstanding Shares
10,493,256 as of Jun 10, 2008 = low float
TECHNICALS:
Chart looks good and time for a bounce. A reversal on a recent down
trend and now will start to move up closer to the .70 (52 week high).
RECENT NEWS, NEWSLETTER & ATTENTION:
-Solar Energy Initiatives, Inc. closed at $0.32 Friday, trading 69,540
shares.
Company News- November 9, 2009: Solar Energy Initiatives Announces
Securing Land to Build a 100 Megawatt Solar Park in California
Solar Energy Initiatives, Inc. (OTCBB: SNRY) earlier today announced
that the Company's wholly owned subsidiary, Solar Park Initiatives,
signed a contract securing land for the design, construction and
operation of a solar park in California.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=snry
--------------
Solar Energy Initiatives, Inc. (SNRY) to be Featured in Small Cap
Stock Newsletter QualityStocks Daily
Press Release
Source: QualityStocks
On 9:00 am EST, Monday November 9, 2009 Buzz up!
Companies:Solar Energy Initiatives, Inc.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Solar Energy Initiatives, Inc.
(OTCBB:SNRY) announced that they have agreed with QualityStocks to be
featured in The Small Cap QualityStocks Daily Newsletter,
QualityStocks Daily Blogs and Message Boards. QualityStocks, based in
Scottsdale, Arizona, is a free service that collects data from
hundreds of Small-Cap and Micro-Cap online Investment Newsletters into
one Free Daily Newsletter Report. QualityStocks is dedicated to
assisting emerging public companies with their advertising efforts.
David Fann, CEO of Solar Energy Initiatives, has the company focused
on executing 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. 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.
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.
Mr. Fann stated, “Solar Energy Initiatives has a unique and solid
business foundation, and appreciates the opportunity to sponsor the
Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing
a much needed service in the micro-cap and small-cap markets."
Michael McCarthy, Managing Director for QualityStocks, commented, "We
are very pleased to have Solar Energy Initiatives as a featured
company. The Company is methodically establishing itself as a category
leader.”
http://finance.yahoo.com/news/Solar-Energy-Initiatives-Inc-bw-3480124...
TODAY's NEWS:
Solar Energy Initiatives Announces Securing Land to Build a 100
Megawatt Solar Park in California
Solar Park Initiatives the Recent Spinoff of SNRY Will Develop the
Solar Park
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’s wholly owned subsidiary, Solar Park Initiatives, signed a
contract securing 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.
Solar Energy Initiatives will procure the solar panels and balance of
system for the project.
Solar Park Initiatives will begin preliminary work, including zoning,
permitting, EPA approvals and other activities immediately with
construction estimated to begin in late 2010. 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 has joined the team as Chief Executive Officer of
Solar Park Initiatives stated, “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. SNRY’s shareholders of record, as of October 15, 2009,
shall 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.
http://finance.yahoo.com/news/Solar-Energy-Initiatives-bw-539469158.h...