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EVSO: US Senate Energy Committee Advances Ten Million Solar Roofs Bill

Evolution Solar: Yesterday, the Energy Committee of the United States Senate approved Senator Bernie Sanders’ (I-VT) “Ten Million Solar Roofs” legislation. The Bill is designed to encourage the installation of 10 million solar systems over a 10 year period in the US and is a measure that is welcomed by the majority of the US Solar Industry.

As currently written, the measure would authorize $250 million for competitive grants in 2012 and additional funding through 2021. According to the Department of Energy, the Bill (when added to existing incentives) could meet or even exceed the 10 million solar systems goal over the ten year period.

According to Senator Sanders, the legislation would help finance the installation of up to 40,000 Megawatts of new solar energy. He says that in the process, the cost of generating solar power would fall and the US would become the world’s leading market for electricity generated from the sun.

“We at Evolution Solar are watching the progress of Senator Sanders’ legislations closely,” stated Robert Hines, President of EVSO. “If this Bill becomes law, it would be one of the most significant boosts to help solar energy augment fossil fuels in the US and could elevate the US to the leader in the solar energy proliferation.”

Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be located at the University’s Houston Campus. The project should help Evolution Solar acquire new business in a sector that is growing to compete in the energy industry, which includes Transocean.

About Evolution Solar Corporation

Evolution Solar Corporation, (EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.

For more information, visit http://www.evolutionsolar.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

SOURCE: Evolution Solar Corporation

Evolution Solar Corp.
Robert Hines, 281-362-2760