Solamon Meets with Barbados Minister of Energy; Discuss New Tariff Structure

Solamon executives meet with Barbados Minister of Energy and discuss a favourable tariff rate in the works. End Quote

(1888PressRelease) May 26, 2011 - Toronto - After meeting with United Nations officials last week in Barbados, as well as government and business leaders, that country sent Senator Darcy Boyce, Minister in the Office of the Prime Minister, to Toronto to introduce their new BIBA branch in Canada where he was feted by Solamon Energy Corp, among others. "We successfully secured a meeting with him," explains Solamon President Jay Yeo, "and he shared his insight on dealing with Barbados Light and Power, as well as the critical legislation that the government has on its agenda with respect to power purchase agreements.

"A favourable tariff rate seems to be in the works and will hopefully pass within the next year, in conjunction with the Caribbean hotel energy efficiency action programme recently launched," Yeo adds.

Solamon Energy designs and installs integrated arrays of ground-mounted photovoltaic cells that are connected by cable to each other and to converters, batteries and transmission points, utilizing 5 acres of land per unit; each unit is called an Apollo Acre™.

The company is excited not only to deliver turnkey power plants using renewable energy sources, such as sun and wind, to Caribbean countries but that will also generate jobs locally, in terms of their commissioning and subsequent maintenance. Solamon is focused on packaging and delivering turnkey systems across the Caribbean, and seeks to open field offices in The Bahamas, Jamaica, Barbados and Puerto Rico.

"Our executives are thus not only looking for locations and partners to manage each Apollo Acre™", adds CEO Graeme Boyce, "but to also establish a suitable training program for implementation teams in collaboration with relevant government agencies."

For each customer, Solamon provides full management of each Apollo Acre™ installation, including site inspections, project design and development, as well as environmental and local permitting, 3rd party engineering, procurement, construction and system commissioning in conjunction with local partners.

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