Management of Evolution Solar Corp. (PinkSheets: EVSO) announced that they are attempting to position the Company to benefit from millions of dollars in energy efficiency stimulus funds that were just awarded to public entities throughout Texas – and the Company has learned that millions of more dollars are on the way. Much of this money should result in numerous solar projects in Texas.

Texas governmental entities will be issuing bids for energy-related contract work very shortly. There will be varied types of opportunities, and many will be focused on alternative fuel, traffic signalization, building efficiency, retrofits and solar panels.

The Comptroller’s State Energy Conservation Office, which administers the traffic signal and alternative fuel programs, is notifying awardees who will receive $52 million from the Distributed Renewable Energy Technology Program.

“Once again, Texas is making solid moves to expand the state’s alternative energy resources,” stated Robert Hines, President of EVSO. “This recent round of generous funding proves that they are committed to the effort.”

Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be located at the University’s Houston Campus. The project should help Evolution Solar acquire new projects in a sector that is growing to compete in the energy industry, which contains First Solar (NASDAQ: FSLR), BP (NYSE: BP), Valero Energy Corporation (NYSE: VLO) and Trina Solar (NYSE: TSL).

About Evolution Solar Corporation

Evolution Solar Corporation, (EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.

For more information, visit http://www.evolutionsolar.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Evolution Solar (CE) (USOTC:EVSO)
Historical Stock Chart
From Feb 2025 to Mar 2025 Click Here for more Evolution Solar (CE) Charts.
Evolution Solar (CE) (USOTC:EVSO)
Historical Stock Chart
From Mar 2024 to Mar 2025 Click Here for more Evolution Solar (CE) Charts.