updated 3/1/2011 4:46:13 PM ET 2011-03-01T21:46:13

MINEOLA, N.Y., March 1, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial, and agricultural clients, today announced that it has received another round of project funding fueling the pipeline of work.

"We have received additional LOI's from our investors representing funding for 6 more projects. These agreements total 200 kw's of commercial projects brought in under our new-expansion program. These projects represent approximately $800,000 which brings us past the $4 million mark in project funding for Jan-Feb 2011. The significance of this milestone is the consistency that we were looking for in our new-deal flow," said Ezra Green, CEO of Clear Skies Solar.

Continuing, "As I discussed in our last release, we are adding new projects each week that are in various stages of process.  We have many Megawatts of systems in various stages of development and we will discuss them with our shareholders as they develop and follow through to completion. I would also like to add that we have just started to receive the stamped engineered drawings on the projects announced the past few weeks and will be moving forward on the permitting process."  

About Clear Skies Solar, Inc.

Clear Skies Solar, Inc. (CSS) through its wholly-owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise in the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country. For more information about CSS please visit http://www.clearskiessolar.com .

The Clear Skies Solar, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7498

CONTACT: Clear Skies Solar, Inc.
         Investor Relations Department
         Email: IR@ClearSkiesSolar.com
         Direct: 1-877-309-CSKH (2754)

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.09%
$30K home equity loan FICO 5.20%
$75K home equity loan FICO 4.65%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.36%
13.34%
Cash Back Cards 17.87%
17.82%
Rewards Cards 17.11%
17.07%
Source: Bankrate.com