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Solamon Energy Corp.

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Solamon Seeks to Develop FCJ Properties; Solar Power Sensible Solution for Partners

Toronto, Canada, January 18, 2013 --( While attending a leadership conference in Kingston several weeks ago, Solamon President Jay Yeo was discussing among key delegates the wide-reaching positive impact that Solar Energy brings into and extends across an economy over time. Effective immediately, he added, it’s a strategy that clearly works in sunny Jamaica and one wholly endorsed by the current Government, visionary legislators keen to implement critical changes this past year and spur the country’s continued growth through innovation, while also providing a much-needed leadership role today throughout the Caribbean nations.

In this applauded environment and among the heightening commercial and business activity in Jamaica recently, surrounding the anticipated supply of utility-scale renewable energy, Solamon Energy Corp. is happy to announce its intention through the formal tender process to provide a turnkey Solar PV solution for the Factories Corporation of Jamaica (FCJ) and, upon implementation and commissioning, generate electricity for clients at Caymanas and Naggo Head, and possibly into the grid one day. The competitive government agency is the island’s largest provider of industrial space, leasing and managing approximately 175,000 sq.m /1,880,000 sq.f industrial, commercial and office spaces.

In partnership with government and business leaders who share a similar vision to integrate new and practical solar technologies within all communities, and assisting these leaders in their own implementation of renewable energy mandates and providing effective strategies for administrators to implement, and subsequently manage, Solamon’s Yeo confirms the company is committed to bring the best partners and technologies to Jamaica and provide renewable electricity as long as the sun shines, and reduce future generations’ dependence on fossil fuels to generate their electricity down the road.

“Under the terms of our proposition, FCJ tenants will have access to clean, reliably priced renewable energy, as opposed to each being continually restricted by the unknown price of oil-generated electricity in the future,” says Yeo, from his office in Kingston. “We hope to win this contract, and pass on the reduced energy savings to the FCJ and its many clients, and those at Caymanas and Naggo Head, and then with this model in hand do so repetitively throughout the Caribbean and across the Sunbelt.”

FCJ also has primary responsibility for the development and management of industrial and commercial space in the public sector. The Jamaican government has already commenced and in fact the search is now well underway for investors to participate in a joint venture for the immediate development of 200 acres reserved for Phase I of the Caymanas Logistics hub and Phases I and II for new office buildings at Naggo Head.

“We are always open to suggestions and are, as always, enjoying the creativity in our meetings these days,” says President Jay Yeo. “The Jamaican government has announced its intention to enable public-private partnerships and continue the effective development of the Caymanas Special Economic Zone and the Naggo Head Technology Park. So, in addition to the executives at FCJ, we are also working with all levels of government and business in order to deliver solar power into these two critical areas and successfully sustain growth in Jamaica, and that process I am happy to report was officially begun when we announced our intention to submit our proposal earlier this week.”

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 develops 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 to supply renewable energy.

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.
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Solamon Energy Corp.
Christian Giles

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