Clear Skies Solar, Inc.(fka CSKH)

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remember the crying about how credit dried up in 2009

Clear Skies Solar Partners with Cavallo Energy to Develop $10 Million+ Solar PV Installation
Posted on August 26, 2009 by Turn Key Oil

MINEOLA, N.Y., and LOS ANGELES, Aug. 26 /PRNewswire-FirstCall/ — Clear Skies Solar, Inc. (BULLETIN BOARD: CSKH) , a leading provider of turnkey solar electricity installations and renewable energy solutions, today announced the much-anticipated development of their 34-acre property in the Cantil section of California’s Mojave desert. The project will be a minimum of 6 MW, $20 million, solar PV facility with engineering to begin on the first 3 MWs in the fourth quarter of 2009, and development of the second stage of the project to begin by the second quarter of 2010. The maximum size of the project will be dependent on capacity of the onsite substation and existing transmission line capacity.

Cavallo Energy (Cavallo), a national, large-scale energy management and finance procurement company with an excellent reputation in its respective field, has partnered with Clear Skies Solar (CSS) providing their expertise in high voltage utility scale power generation, required for this project. The synergy between these two companies is expected to fuel further expansion into the commercial sectors. CSS will be the lead contractor and Cavallo will lead engineering and development of the project.

Phil Gennarelli, CEO of Cavallo Energy says, “It has been a pleasure dealing with Ezra Green and the entire Clear Skies Solar team. They have shown the ability and foresight to bring viable projects to the table and I look forward to expanding solar market possibilities with them. Their past performance, innovative techniques and knowledge of solar construction makes them a perfect partner for us moving forward.” Mr. Gennarelli further stated, “With this announcement, Cavallo Energy is pleased to also announce the addition of Mr. Freddy Sanches as Cavallo’s Chief Development Officer. Mr. Sanches will manage the development of the Cantil Project as well as lead the expansion of Cavallo’s new solar development subsidiary, Cavallo Solare LLC, in the U.S. and international markets.” Mr. Sanches, formerly the Vice President, Business Development, with Sithe Global, brought Clear Skies and Cavallo Energy principles together to form this new partnership.

“We initiated our partnership with Cavallo on this project four months ago, and have now completed the internal feasibility study finding the project to be profitable due to strong market conditions,” stated Ezra Green CEO of Clear Skies Solar. “Strong partnering such as this will allow CSS to keep moving forward on several large-scale projects that were awaiting development and will enable us to resume the business model laid out by CSS prior to the credit market crash. We are looking forward to developing a long relationship with Cavallo Energy for our backlog of large scale projects.”