Solamon execs to launch new company in Accra: Solamon Ghana to oversee Shama

Solamon Energy registers Ghanaian entity. End Quote

(1888PressRelease) September 25, 2014 - Solamon Energy Corp. is proud to announce the official registration of its Ghanaian entity Solamon Ghana Limited and also effective immediately welcome Messrs Patrick Brown and Lewis Otoo to the Solamon Ghana team with their co-appointment as founding Directors in the local company, joining key executives in Accra Zaid Issah and Emmanuel Attokora. "These past few years have admittedly been tough ones for the solar industry overall, including us," states Graeme Boyce, Solamon CEO, "but with this announcement we have truly turned a corner and now look forward to achieving real growth and success."

Alongside its partners at GAT Mining, Solamon Ghana is continuing to work with numerous departments within the Ghanaian Government towards the completion of a 15MW grid-tied solar energy power plant in Ghana's Shama district.

The Shama District is one of the eighteen districts in the Western Region of Ghana. Its capital is Shama. The district is among several new districts and municipalities created in 2008 by then-President John Agyekum Kufuor and was inaugurated on 29 February 2008.

In addition to this initial project, Solamon Ghana will continue to pursue off-grid opportunities across the country in the short term, targeting large-scale power consumers, and as part of a wider strategy introduce programs in concert with an array of Government Ministries designed with the specific aim of alleviating strain on the ageing national grid by supplementing traditional power sources with renewable energy to eventually free up capacity.

"This is a milestone for our company and it's strategy for West Africa." Says Solamon President Jay Yeo. "The market opportunity for solar in Ghana is huge. I am happy to be working with like minded individuals, who share a strong commitment to building Ghana's renewable energy sector. We are here to stay in Ghana."

Solamon Energy Corp (GXG:SSL) typically offers a ground-mounted solar array of integrated cells over a package of land called the Apollo Acre™. The company also develops custom solutions with local partners to provide roof-mounted and parking lot systems that are easily augmented by micro wind turbine technology and other innovative features to supply renewable energy locally.

About Solamon
Solamon Energy Corp. sells integrated arrays of ground-mounted and rooftop photovoltaic cells. These solar power plants are connected by cable to varied transmission equipment, including converters, inverters and batteries, utilizing 5 acres of land per unit; each unit is called an Apollo Acre™. Additionally, it is expected the company's business activities will spin-off many jobs locally, given engineering requirements, construction, unit commissioning and subsequent maintenance.

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