Envision Solar Announces Ground Breaking At Axion Power International
SAN DIEGO, June 8, 2011 /PRNewswire/ -- Envision Solar International, Inc., (OTCBB: EVSI), a leading sustainable infrastructure designer and developer, today announced that the company has broken ground on electric-vehicle (EV) charging enabled Solar Tree® structures with integrated EnvisionTrak™ and CleanCharge™ systems at Axion Power International's (OTCBB: AXPW) facility in Western Pennsylvania. The project is expected to be completed by mid July.
In addition to providing Axion with clean energy, and helping meet its objectives to reduce its overall carbon footprint, the installation will enable the companies to learn more about the characteristics of solar energy in the region, and how to better tie solar energy to Axion's Power Cube™ storage system. Technical focus will be on load management and power smoothing required because of variability on a day-to-day business of sunlight conditions due to, for example, cloud cover. Axion initially plans to take advantage of the Solar Tree® structures to charge Electric Vehicles during the day with any excess generated electricity being fed into their patented and unique storage system. The storage solution will power the facility's street and parking lights at night.
Bob Noble, CEO of Envision Solar, said, "Combining our state-of-the-art solar trees equipped with EV chargers with Axion's storage solution for solar power creates a truly powerful energy solution for the market, and is a key development in leveling the playing field for solar power and other conventional, base-load energy sources. This project truly represents a comprehensive demonstration of the hyper-convergence of efficient clean energy generation, large-scale local energy storage, smart-grid and building infrastructure, and plug-in hybrid – electric vehicle charging."
Envision President Desmond Wheatley said, "The integration of Axion's powerful storage solution with our iconic smart Solar Tree® shaded parking products takes us a giant leap closer to solving for the much touted intermittency of solar generation. As we see improvements in the nation's electric grid and a move to the smart grid, solar's intermittency will become less and less of a concern. In the meantime, we are bridging the gap with partners like Axion. We're proud and thrilled to have our products deployed in a project that will deliver clean renewable solar energy 24 hours a day."For more information about Envision Solar, visit www.envisionsolar.com. Envision Solar International, Inc. Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure planner and architect designing and deploying clean energy systems globally. The solar master planning firm provides strategic long-term solutions including comprehensive sustainability planning and optimizing designs for solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address unused millions of acres of parking spaces. Its innovative systems include products for commercial, residential, and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514. Media contact: Irene LiEnvision Solar International, Inc.(858) 799-4583 email@example.com SOURCE Envision Solar International, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV