Solar Energy Initiatives Announces $17 Million In Government Projects

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Solar Energy Initiatives Inc. has signed letters of intent with several municipalities in the U.S. to install and operate approximately 4 MW of photovoltaic systems on government buildings.

The company anticipates that the projects will be completed by the second quarter of fiscal 2010. Solar Energy Initiatives will provide all solar equipment for the installation on the sites within the municipalities, as well as sell the newly generated solar energy to the buildings at a discounted rate.

SOURCE: Solar Energy Initiatives

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