Clear Skies Solar have announced a $5.7 million USD agreement with Achilles Chondronasios and Co. to develop and construct a 960 Kilowatt solar power project in Melia, Larissa, Greece. This marks the company's second signed agreement in Greece within the last three months.
"Due to robust government tax incentives, Greece has emerged as a leading market for solar power, and for Clear Skies Solar as we continue to embark on our aggressive international expansion program," Ezra Green, Chairman and CEO of Clear Skies Solar.
"Their current environment of available grants and favorable feed-in tariffs presents a great opportunity for the company, and we fully expect to see an increase in projects within the region."
This contract follows closely on the heels of an $8 million solar energy contract announced in Chitrakoot, Uttar Predesh, India last week, which brought Clear Skies' India-based project portfolio to a total of $28 million USD.
"We realized in early 2008 that the international markets were the key to our continued success and have focused our efforts on overseas growth in Europe and Asia," continued Green.
A leading developer and installer of solar power solutions, Clear Skies Solar is aggressively targeting foreign markets where strong governmental support of green technology has created fertile business opportunities.
Clear Skies attributes its rapid international success to the company's ability to develop large scale projects at an accelerated pace, and to nurturing the right relationships with native companies in its targeted overseas markets.
"In this case, we're working with Aspen Energy, a very talented team of alternative energy professionals, who have secured two solar project contracts for us in less than three months," added Green.
