Open Energy Corp. (OEGY.OB) is a renewable energy company focused on the development and commercialization of a portfolio of technologies capable of delivering cost-competitive electricity, fresh water and related commodities on a global basis. SolarSave, part of Open Energy, manufactures roofing membranes, roofing tiles, and custom architectural PV glass.
The products developed and manufactured by SolarSave have the ability to bring solar power to consumers’ houses. The company recently posted a press release, noting the solar power boom in California. In 2007, Sacramento had more than 3,000 homes under construction, or planned construction, to be built with preinstalled solar systems.
The state of California is taking the initiative of embracing solar power by spending approximately $3 billion to encourage the addition of solar systems onto existing housing. Many companies are joining the California government in promoting the financial benefits of solar power.
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