MINEOLA, N.Y., Feb. 16, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has received funding for a new 250kw solar system to be installed in Pennsylvania. Receiving this contract, and the funding to proceed, represents an important indicator of success in the Company's strategy to add value and sustain operations with cash flow productive projects by expanding its traditional market focus to include solar installation projects in the sub-300kw sector for commercial and residential installations.
Ezra Green, CEO of Clear Skies Solar, commented, "We are pleased to announce that we will now be moving forward into the final engineering phase of this project. This project is a rooftop mounted system that we hope to start in the next four weeks, along with our other pre-announced systems." He continued, "We at CSS are very pleased at the overall progress we have been making these past few months under our new structure and focus on the sub-300kw sector for commercial and residential installations. With new funding available for our other sub-500kw systems, we will be able to move forward and execute on our smaller commercial backlog of projects, an important step that we expect will bring consistency to our cash flow requirements in conjunction with our goals for 2011."
About Clear Skies Solar, Inc.
Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time, the Company developed its proprietary systems, obtained important licenses and certifications, and acquired technologies to maximize the impact of its construction expertise in the renewable energy sector. Clear Skies Solar has become one of the premier solar electric installation companies in the country. For more information about CSS please visit http://www.clearskiessolar.com
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Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" that involve risks and uncertainties. These include statements about Clear Skies Solar's expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from these forward-looking statements can be found in Clear Skies Solar's periodic reports filed with the Securities and Exchange Commission. Clear Skies Solar undertakes no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.