Sunrise Solar expands energy portfolio with projects in Mexico

Posted on January 27th, 2009.

sunrise solar logo1 Sunrise Solar expands energy portfolio with projects in Mexico Sunrise Solar Corp. announced today that it has accepted the opportunity to provide solar power resources to two large hospitals in Mexico. SSLR is currently developing projects in Africa, Brazil and the United States. Mexico is seen as a large new market for solar power.

The United Sates has set a goal to double energy production from natural sources within three years. Industries worldwide now realize that solar power can reduce operating costs and provide increased energy security during times of energy volatility and economic uncertainty. Regardless of the economy or oil prices, the sun will still shine.

“We have elected to expand our development activities to Mexico because it has excellent sun resources and a growing population in need of clean, economic electricity,” said Mr. Eddie Austin, Chairman and CEO of Sunrise Solar Corp. “With a trillion dollars of stimulus coming down the pipeline and an economy starved for clean energy, we feel this is the time to expand our footprint in the industry.”

Examples of this can be seen in SunTech’s (NYSE:STP) recent decision to triple its office space and increase the number of employees it hires. Companies like Energy Conversion Devices, Inc. (NASDAQ:ENER) are working with Congress to ensure that stimulus plans work effectively to support clean energy development.

Source: Sunrise Solar    

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