LOUISVILLE, Colo., Nov. 11, 2013 (GLOBE NEWSWIRE) -- RGS Energy, the commercial and utility division of Real Goods Solar, Inc. (Nasdaq:RSOL), and St. Albans Solar Partners, LLC, will host a "Flip the Switch" ceremony at the recently completed 2.2 megawatt solar farm in St. Albans, Vermont on Tuesday, November 19, 2013 at 10:00 a.m. Eastern time. The event is by invitation only.
RGS Energy General Manager Tim Seamans, as well as other senior management, will attend the event.
The solar farm was completed last month ahead of schedule as recently announced. It is expected to generate enough energy to power more than 400 homes. 100% of the solar energy produced will be purchased through a feed-in tariff under the Standard Offer Program of Vermont's Sustainably Priced Energy Development (SPEED) Program. The program was created by legislation in 2005 to promote renewable energy development in the state in order to reach the state's renewable energy goal of 20% renewable energy by 2017.The fixed array ground mount solar system will deliver environmental benefits to the region, eliminating more than 123 million pounds of annual carbon dioxide emissions over 25 years or the equivalent to planting more than 1.4 million trees (per EPA-based data). "As one of the largest solar farms in Vermont, our 'Flip the Switch' event will celebrate providing 100% clean renewable solar energy to its residents," said Seamans. "Thanks in part to the state's renewable energy development program, the region holds strong potential for generating solar farm projects." For more information about the project or the Flip the Switch ceremony, please contact Kezia Dos Santos at (203) 803-8781 or email. About Real Goods Solar and RGS Energy Real Goods Solar, Inc. (Nasdaq:RSOL) is one of the nation's pioneering solar energy companies serving commercial, residential, and utility customers. Beginning with one of the very first photovoltaic panels sold to the public in the U.S. in 1978, the company has installed more than 16,000 solar power systems representing well over 110 megawatts of 100% clean renewable energy. Real Goods Solar makes it very convenient for customers to save on their energy bill by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support. As one of the nation's largest and most experienced solar power players, the company has 17 offices across the West and the Northeast. It services the commercial and utility markets through its RGS Energy division. For more information, visit RealGoodsSolar.com or RGSEnergy.com, on Facebook at http://facebook.com/realgoodssolar and on Twitter at http://twitter.com/realgoodssolar . Forward-looking Statements This press release includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as "expect," "intend," "believe," "will," "should" or comparable terminology or by discussions of strategy. While Real Goods Solar believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, introduction of new products and services, completion and integration of acquisitions, the failure to close the Mercury acquisition, possibility of negative economic conditions, and other risks and uncertainties included in Real Goods Solar's filings with the Securities and Exchange Commission. Real Goods Solar assumes no duty to update any forward-looking statements.
CONTACT: Media and Investor Relations Contact: Ron Both Liolios Group, Inc. Tel 1-949-574-3860 RSOL@liolios.com
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