Walnut, California-based Sunvalley Solar, Inc. has put together quite a week; the type of week that would make many big board-listed companies smile and most of the OTC world jump for joy. Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipment, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy.
In the last six business days, Sunvalley has announced four significant new contracts. The most recent came this morning as the solar power technology company announced signing a commercial solar installation contract with Leja Farms in Coachella, California. In this particular case, the deal is for a 62.32 Kilowatt solar power system which is comprised of 665 solar panels from partner, Tianwei Solarfilms, and two 35KW solar inverters from PV Powered. The total value of the contract is valued at approximately $300,000.
On Wednesday, January 19th, Solarvalley announced a solar installation contract valued at $680,000 for a 148.58 Kilowatt solar power systems for Long Life Farms in Thermal, California. The day before that, the Company announced another solar installation contract with Vessey & Co in Holtville, CA. The Vessey contract consists of 572 solar panels from Tianwei Solarfilms and one 50KW solar inverter from PV Powered with a total contracted value of approximately $249,964. To top off the week, another announcement was made as Solarvalley was awarded a $1.3M solar installation contract in Coachella, CA with Prime Time Produce (Sun & Sand Enterprises, LLC) for a 285 Kilowatt solar power system.
The total value of contracts announced since last Friday amounts to over $2.5 million. Not a bad way to ring in the new year, especially considering that another commercial solar installation contract with Seaview Packing in Coachella, California was announced on January 11th with a value of $663,000; pushing the contracts for January in excess of $3 million.
The share price has certainly been impacted with the news. Shares of SSOL have moved from a low in the early days of January at $0.0033 to touch $0.0195; about a cool 500 percent rise in the last two weeks. Shares have settled back some; taking a rest in the area of $0.015 over the last couple trading days after continually testing the highs. It will be interesting to see what February brings.
More information on Sunvalley Solar, Inc. and its business operations can be found on the Company’s website at www.sunvalleysolarinc.com