The combined system would efficiently provide both hot water and supplemental power to homeowners and small businesses.
GULFPORT, Miss.--Solar America Corp. (OTCQB: SOLX) announced today that it has executed a Memorandum of Understanding with Solar Energy Labs Inc. of Jacksonville, FL, a developer of solar hot water solutions. Solar America and Solar Energy Labs will collaborate on incorporation of Solar America's Solar Power Station technologies into Solar Energy Labs Intellement photovoltaic (PV) hot water system. The combined system would efficiently provide both hot water and supplemental power to homeowners and small businesses.
"The opportunity to work with the team at Solar Energy Labs to combine the best parts of our existing technologies could open entire new markets for both of our companies," stated Robert Bludorn, CEO of Solar America Corp. "There are several potential solar projects that we have been evaluating that could immediately benefit from a system using the combined technologies."
Solar America's Solar Power Station connects to almost any type of commercially available solar panel and provides all necessary systems to convert the power of the sun into clean, environmentally friendly AC power that can be either utilized locally or sold back into the power grid. For those interested in being completely "off-grid," an optional battery pack system easily connects to the Solar Power Station in order to provide hours of uninterrupted AC power.
About Solar America Corporation
Solar America Corporation intends to commercialize and distribute innovative solar energy products and solutions. Solar America intends to capitalize on its position in the alternative energy sector to develop cutting-edge solar technologies. Solar America common stock is traded on the OTCQB under the symbol SOLX. For more information please visit www.solaramericacorp.com.