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Solamon Energy Corp.

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Solamon Promotes Boonen to VP; Targets Fast-Growing South East Asia


Toronto, Canada, February 19, 2012 --(PR.com)-- Solamon Energy Corp. is pleased to announce the company has promoted Thijs Boonen to the position of Vice President who, effective immediately, will begin to develop the solar market in Sri Lanka and maximize existing opportunities. Boonen, currently located in Belgium, will travel to the South East nation along with Solamon CEO Graeme Boyce to present their proposal to deliver 10 arrays over the next 3 years, each generating 20mw. A month ago Boonen was appointed Associate Vice President, reporting directly to SVP Corey Keegan, tasked to explore carbon credit opportunities in Europe, and examine Nicaragua’s environment and landscape.

“His promotion was really a luck and timing thing,” explains Boyce. “The reception from governments and utilities alike for our Apollo Acre™ across the Caribbean and Central America has truly exceeded our expectations, which in turn has made it difficult for Corey to travel abroad and allocate the time necessary to identify and manage a growing executive team. So, while Corey is continuing to expand his project development teams in Nicaragua and Panama, Thijs has many friends and associates in Sri Lanka, who have enabled a rapid acceleration of our penetration schedule and we are now ramping our time-table to visit this very progressive market.”

Solamon provides a fully managed solution for each Apollo Acre™, a turnkey process from beginning to end including site inspections, project design and development, as well as addressing requisite environmental and local permitting, 3rd party engineering, procurement and construction, as well as system testing and eventual commissioning, security and maintenance. In partnership with Canada Green ESCO, Solamon also provides turnkey financing as well. Solamon executives are currently developing solar opportunities in nations around the Sunbelt, from the Caribbean and Mediterranean Sea to the Indian and Pacific Ocean.

“South East Asia needs not only the vision, like that being shown by the Sri Lankans today, to eliminate their dependency on fossil fuel, but also the leadership clearly demonstrated by their President today,” says Boonen, who for the past decade has been involved in numerous property development deals across Europe and is now considered a leading land optimization expert.
“With fossil fuel prices increasing, including repairs to aging coal power plants, we trust the viability of our turnkey solar solution makes complete sense, and would be a ground-breaking decision with respect to providing at least 200mw of sustainable renewable energy into the grid, while making the government’s eco-tourism pitch much more credible.”

In Sri Lanka, solar energy falls under New Renewable Energy (NRE) category for regulatory purposes. NRE includes Mini Hydro, Wind, Dendro, Bio Mass and Solar. NRE was earlier known as Non-Conventional Renewable Energy (NCRE). Solamon typically offers a ground-mounted solar array of integrated photovoltaic cells over defined packages of land, which is called an Apollo Acre™. The company now also designs and installs custom solutions with local partners to provide roof-mounted and parking lot systems that could be easily augmented by micro wind turbine technology. “Our systems can be tied into the grid, or not,” concludes Boyce. “We are flexible and with our new relationship with Canada Green ESCO look to bundle several energy deals together and finance solar power efficiently.”

About Solamon: Solamon Energy Corp. sells integrated arrays of ground-mounted and rooftop photovoltaic cells. These solar power plants are connected by cable to varied transmission equipment, including converters, inverters and batteries, minimally utilizing 5 acres of land per unit; each unit is called an Apollo Acre™. Additionally, it is expected the company’s business activities will spin-off many jobs locally, given engineering requirements, construction, unit commissioning and subsequent maintenance and on-going security.

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Contact Information
Solamon Energy Corp.
Christian Giles
1-855-765-2666
Contact
solamonenergy.com

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