PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Solar Energy Initiatives, Inc. (OTCBB:SNRY) today announced that it has reached an agreement with Suntech America where Suntech will serve as the sole supplier of solar electric generation equipment for a 1+ MW installation for a US mountain state municipality. Solar Energy Initiatives is executing on a grass roots campaign, "RENEW THE NATION", to help redeploy a portion of the U.S. workforce and focus on reducing the world's dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies. "We are extremely pleased to have chosen Suntech America to be the provider of solar panels for our first municipal contract," stated, Mr. David Fann, Chief Executive Officer of Solar Energy Initiatives. "This agreement validates Solar Energy Initiative's position within the rapidly growing solar energy market and our ability to attract the top panel providers in the world. We believe that President Obama's recent promise to earmark $467 million in stimulus funds exclusively for solar energy development coupled with our recent influx of contracts and newly formed relationships leave us well positioned to increase our market share in the solar energy industry."
