Toronto, Canada, September 15, 2012 --(PR.com
)-- After returning from a successful week in London, Solamon Energy CEO Graeme Boyce today announced from the company head office in Toronto that he, together with President Jay Yeo, will be traveling next week to the Dominican Republic to finalize negotiations and begin developing a utilty-scale solar park for the hospitality sector. He adds key meetings are also scheduled with leading professionals and civic officials in Santa Domingo to finalize their next steps. "The Dominicans have been kind enough to fly to us in Toronto and now it's our turn," Boyce explains. "We've actually been very patient in developing the Dominican Republic, but we recognize it's a huge solar market and many opportunities have been explained to us; now it seems we're just a few signatures away from completing our first deal on the island."
Over the past year, while also researching and reviewing numerous opportunities and analyzing weekly offers of assistance to achieve success locally, Solamon SVP Nicolas del Valle has continued to explore the breadth of the market and meeting key individuals fueled by a burgeoning real estate sector and land developers in the Dominican Republic that creatively integrate renewable energy solutions into their projects. "Once we enjoy their permission, we'll gladly and proudly announce our new partners who'll enable us to build and commission the largest solar park in the Dominican Republic, which in fact represents the first phase of an exciting 5-year investment plan to strategically deliver large solar parks across the country."
Solamon Energy is currently managing several large-scale deals in many nations across the Sunbelt: the Caribbean, Central America, Africa, the Middle East and South Asia. "We offer a straight-forward business model to people who need solar power delivered to their doorstep," says Yeo, "and either offer to sell a solution - from designing to commissioning an Apollo Acre - whereby they would finance and own the entire project, or we can provide financing and we would own the system and simply supply electricity directly to the client for the next 25 years given a pre-approved power purchase agreement."
Solamon Energy typically offers a ground-mounted solar array of integrated photovoltaic cells over a package of land called the Apollo Acre™. The company now also designs and installs custom solutions with local partners to provide roof-mounted and parking lot systems that are easily augmented by micro wind turbine technology and other innovative features.
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, 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.