Solar Park Initiatives, Inc. is a company on the rise. Located in Ponte Vedra Beach, Florida, Solar Park is a solar energy company that is dedicated to utility and commercial solar park developments throughout North America. Today, Solar Park took a major step towards enhancing its future with the announcement they have signed a Letter of Intent for a major solar project.
The Letter of Intent was signed to develop a solar park in California. Signed with the host landowner, Solar Park has secured 285 acres of land for the design, construction and operation of a 20 Mw solar park under a Power Purchase Agreement with a local utility company. The Letter of Intent will have a great deal of significance to the future of Solar Power and is anticipated to generate up to $70 million in revenue.
Leading the way at Solar Park is David Surette who serves as the company’s CEO. Commenting about this Letter of Intent and the impact it will have on the future of the company, Surette was quoted as saying, “Solar Park Initiatives continues to search for good opportunities in the solar sector and develop land for its optimal use and value. This is one opportunity we anticipate completing, keeping investors abreast of our milestones.”
Currently, Solar Park Initiatives is trading in the $0.60 range. With the breaking news of this Letter of Intent and an array of positive happenings, Solar Park Initiatives, Inc. is a company that investors may want to consider watching a little more closely.
To learn more about Solar Park Initiatives, visit the company website at: www.solarparkinitiatives.com.
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