TGI Solar Turns Management of Its Solar Power Italy srl to Prime Solar srl
27 October 2009 - 1:13AM
Marketwired
TGI Solar Power Group (PINKSHEETS: TSPG), provider of solar and
other clean technology products and solutions, announced today that
it has turned management of Solar Power Italy srl, Italian
subsidiary of TGI, to its strategic partner Prime Solar srl of
Italy. The decision was made to allow Prime Solar to handle affairs
of Solar Power in Italy, whereas TGI shall manage and oversee Prime
Solar's interests in the US.
"We believe that having a local management team to oversee our
interests in Italy will bring more effective results," said John
Litvinchuk, COO for TGI Solar. "And at the same time, we are
looking forward to supporting Prime's existing projects in the US,
as well as working to identify new global opportunities in
sustainable energy. Green Energy is the future, with the rising
cost of energy globally, and we are excited to jointly develop and
commercialize promising renewable energy technologies around the
world."
Prime Solar srl (www.primesolar.com) is a licensed and insured
Italian Solar Energy Contractor and Solar General Building
Contractor. We specialize in the creation and installation of
custom-designed residential and commercial solar electric power,
solar heating, and wind energy systems. By handling the job from
the solar system design all the way through to the installation and
final inspection of the system, we bring continuity through our
turn-key approach.
About TGI SOLAR POWER GROUP INC.
TGI Solar (TSPG) is provider of solar and other alternative
energy products and solutions. The firm provides facility and
process design and integration know-how with its equipment. The
Company offers its products and services to clients on a worldwide
basis, currently maintains JVs in Hong Kong and subsidiary in Italy
with solar installation, integration and energy consulting
firms.
Safe Harbor Statements under the Private Securities Litigation
Reform Act of 1965: Those statements contained herein which are not
historical are forward-looking statements, and as such, are subject
to risks and uncertainties that could cause actual operating
results to materially differ from those contained in the
forward-looking statements. Such statements include, but are not
limited to, certain delays that are beyond the company's control,
with respect to market acceptance of new technologies, or product
delays in the testing and evaluation of products, and other risks,
as detailed in the company's periodic filings with the Securities
and Exchange Commission.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: TGI SOLAR POWER GROUP INC. Email Contact 1-888-766-6527
David Zazoff 212-505-5976
TGI Solar Power (PK) (USOTC:TSPG)
Historical Stock Chart
From Jun 2024 to Jul 2024
TGI Solar Power (PK) (USOTC:TSPG)
Historical Stock Chart
From Jul 2023 to Jul 2024