ONYX Making Plans To Accept Invitation To Compete In Philippine Energy Market

Onyx Service and Solutions Inc. (OTCQB:ONYX) announced today that management will be focusing on opportunities to integrate their new Plug-N-Play panel and breakout business model into the Philippine energy market, due to recent developments in the US allied nation.

Tetchi Capellan, founder and spokesperson of Philippine Solar Power Alliance noted that current government plans for increasing energy supply give no attention to the role that ordinary consumers can contribute in increasing the capacity in the Luzon-Visayas grid. The new Plug-N-Play product may be the an opportunity to quickly solve this missing part of the plan.

“(The Plan)…took no notice of the thousands of roofs in urban locations that can accommodate solar systems. If only 10 percent of the rooftops in Metro Manila, Cebu, Davao, General Santos, and other cities install solar kits, daytime consumption can be covered by solar energy,” Capellan said. “Government can save P1.2 billion as solar displace the expensive diesel-fired power plants.”

“Because of the easy installation designed into the new Plug-N-Play panel, this product could be ideal to immediately solve the 10 percent issue – or even contribute much more,” stated ONYX President Malcolm Burleson. “After receiving positive international press on the ONYX business model, we have been invited to explore business in the Philippines. If we can find a lucrative way to position the Company there, we plan to take full advantage of it.”

The Plug-N-Play panels that Burleson is speaking of is model number OSPP330-1 and number OSPP330-2. The OSPP330-1 consists of a 330-watt panel, an incorporated micro inverter and standard AC power outlet plug. The OSPP330-2 is identical, with the exception of having a high-capacity lithium battery incorporated into the unit.

What really makes the new Plug-N-Play panels such a game changer in the solar industry is that they are designed for the large “Do-it-Yourself” market. You can literally point the panel at the sun and plug an extension cord directly into the panel for immediate power – alleviating complicated wiring and typical installation requirements.

Onyx Service & Solutions, Inc. acquires, develops and markets the most promising and potentially profitable energy projects and technologies possible. The ONYX mission is to manifest cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, which includes GE (NYSE: GE), JinkoSolar (NYSE: JKS), Trina Solar (NYSE: TSL) and First Solar (NASDAQ: FSLR).

For more information on the Company see: http://www.OnyxService.com

About Onyx Service & Solutions, Inc. (OTCQB:ONYX)

Onyx Service & Solutions, Inc. is a for-profit corporation that focuses on brilliant alternative energy solutions including medium to large-scale solar construction projects, cutting edge solar technology acquisition and development, new to market solar product development, advances in solar product manufacturing, worldwide solar product sales and creative financing expertise of alternative energy related projects.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX