BEIJING, July 26, 2011 /PRNewswire-Asia/ -- China Solar & Clean Energy Solutions, Inc. (OTC Bulletin Board: CSOL) ('CSOL' or the 'Company'), a premier manufacturer and distributor of solar water heaters, space heating devices, and integrated low carbon solutions providers in the People's Republic of China, today announced that one of its subsidiaries has signed a joint construction agreement with a Guizhou company on Eco-Buildings Projects.
China Solar & Clean Energy Solutions, Inc. operates through its subsidiaries Bazhou Deli Solar Energy Heating Co. Ltd. ('Deli Solar (Bazhou)'), Beijing Deli Solar Technology Development Co., Ltd., and Tianjin Huaneng Group, all located in the PRC. The Company manufactures and distributes various forms of alternative energy systems including solar thermal systems for hot water and space heating, industrial heat recovery systems, and solar-powered lighting devices. Currently, the Company has changed its strategic development from solar thermal products marketing to be a large-scale engineering projects low-carbon integrated solutions provider.an amendment to bar any funds to be used for the upkeep of the residence of any former U.S. president;The detailed payment arrangements from Guizhou Company to the Company, including but not limited to the payment times, amounts of each installments and inspection arrangements upon completion of each phase of the Projects, shall be subject to the parties' separate agreements.In April 2010, Louisiana allotted $6.8 million to issue rebates of up to $500 per resident who bought Energy Star qualified products through the EmPower Louisiana program.Rep. John Fleming, R-Shreveport, recommended peeling back the little blue stickers on appliances in his call Wednesday to eliminate the Energy Star program as one of 39 riders to an Interior- Environment spending bill. The bill, which would fund the Interior Department, the Environmental Protection Agency and other related agencies in fiscal year 2012, comes to the floor as House leaders scramble to agree on a debt ceiling proposal.Fleming said the program could be better administered by a private entity much like Consumer Reports, a product review publication published by the Consumers Union.Fleming said cutting the program would save $48.2 million and cited concerns that it's free-wielding with its energy efficiency status.Energy Star, started in 1992, is a joint program between the EPA and the U.S. Department of Energy and allows manufacturers to label products that meet energy efficiency guidelines with the program logo.an amendment banning funds appropriated in the bill from being spent on compact fluorescent light bulbs; andSome of the more creative riders to the Interior-Environment bill included:
Certain statements in this news release may contain forward-looking information about China Solar & Clean Energy Solutions and its subsidiaries business and products within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. The actual results may differ materially depending on a number of risk factors including, but not limited to, the general economic and business conditions in the PRC, market and customer acceptance and demand for products, ability to market products, fluctuations in foreign currency markets, the use of estimates in the preparation of financial statements, the impact of competitive products and pricing, the ability to develop and launch new products on a timely basis, the regulatory environment, fluctuations in operating results, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission. China Solar & Clean Energy Solutions undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
No comments:
Post a Comment