Evolution Solar To Establish Bermuda Subsidiary

Published: 08-Feb-2010

Evolution Solar has initiated a process of establishing a new subsidiary in Bermuda to meet contractual eligibility requirements under Bermuda law.

The company seeks to capture opportunities that will be created as a result of the Bermuda government solar photovoltaic rebate initiative for residential users. The Bermuda government desires to move financially and environmentally from current fossil-fuel supplies to non-fossil fuel based energy.

Robert Hines, president of Evolution Solar, said: "We feel very confident that we are undertaking the moves necessary to reap the lucrative future certainties from the Bermuda solar marketplace - from large multi-acre solar farm construction to numerous residential upgrades and the supply and distribution of solar panels."

Evolution Solar commercializes alternative solar energy technologies and related photovoltaic technologies, equipments and appliances. The company supports the development of alternative energy plans for corporations and government organizations.

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