Clear Skies and GS Investor to develop 10 MW of solar projects in New Jersey, U.S.

Clear Skies Solar, Inc. (CSS) and New Jersey commercial developer, GS Investor have reached an agreement to deliver 10 megawatts (MW) of solar energy projects in New Jersey, the U.S. over the next 12 months. CSS estimates the agreement to be worth over USD$20 million.

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"This is a significant event for our company," commented Ezra Green, CEO of CSS. "We have been working on this project with GSI over the past year in order to construct a sustainable relationship that brings value to both our investors and CSS, while offering the client one of the most unique Power Purchase Agreements on the market today."

He continued: "After installing several high quality projects on time and ahead of budget, we are pleased that GSI will move forward to build a lasting relationship with CSS. We plan on breaking ground over the next few weeks on several projects totaling 1.5 MW and we are working diligently on closing numerous other solar projects. We are clearly moving forward into this market as planned and we remain confident in achieving success this year."

Gregg Wasser, CEO of GS Investor, added: "The staff and management team at Clear Skies are a pleasure to work with and are very knowledgeable. We are pleased to join with them to expand the use of solar power in the State of New Jersey."

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Becky Beetz

Becky managed the online presence of pv magazine International since its inception in 2010. As Head of Content, she was responsible for content development across all platforms, including our global and regional platforms.

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