Solamon Set To Re-visit Ghana; Unaffected By Ebola Outbreak And Nearby Conflicts

Solamon to relocate office to Accra. End Quote

(1888PressRelease) December 03, 2014 - On the heels of launching its "Electrify Africa" campaign earlier this year and in the wake of two extensive visits to Ghana, and most recently meetings held with key stakeholders, Solamon Energy CEO Graeme Boyce says the focus of his executives and new partners heading into 2015 will continue to be Africa. In the short-term the company intends to review a list and select an appropriate location from among many to establish an office in Accra, Ghana's capital, to centrally manage and administrate its requisite marketing and communication activities, while planning to include in the near future an adjacent showroom to host receptions and also display a variety of state-of-the-art solar-related product for invited visitors and dignitaries.

Boyce adds, together with his executives, they officially incorporated Solamon Ghana with the Registrar General's office during their last trip to Accra and received their essential Letter of Commencement from the Government. Therefore, despite the dual threats of disease and armed insurrections nearby, the company is moving toward securing a PPA by obtaining initially a Provisional License for the grid-tied solar power plant in Shama, in the Western Region of Ghana. Around the world, Solamon is additionally examining new opportunities in South East Asia, with SVP Steve Kuiack at the helm in Vietnam currently negotiating options with senior officials and decision makers with respect to implementing utility-scale solar energy solutions, as well as Madagascar.

Over the past year many organizations and industry pundits have suggested the sub-Saharan nations of West Africa as holding the most promise for investors seeking to introduce new businesses in terms of balancing population sizes and their management. From Senegal in the west to Nigeria in the east, although West Africa represents a lucrative region on the global map for the financial community, no one could have predicted the outbreak of Ebola and its (on-going) impact on local economies, nor the sudden rise of armed groups and opposing insurgencies destabilizing countries once viewed as well-positioned and worthy of commercial investment.

"Knowing there is a very real energy crisis in West Africa," Boyce continues, "we trust our business development team in Ghana will be aggressively pursuing off-grid opportunities in the mining, food processing and manufacturing sectors, and in countries such as Burkina Faso, Togo, Benin and Niger. We are confidently informed by executives at Fernando Po it is 'business as usual' in Burkina Faso given the military takeover, but we have suspended discussions with potential partners in Nigeria, Somalia, Kenya and Libya until our executives' safety can be guaranteed in those countries, as well as implementation and commissioning crews.

"For instance, following the collapse of the Gaddafi regime we were invited last year to meet with senior officials of the Libyan government who truly saw the benefits of implementing solar energy projects on a massive level," explains Boyce. "They recognized in a very appropriate environment how the generation and supply of electricity on a local level would solve so many problems for their people who still live in mud houses, yet in a country we are led to believe is one of the world's wealthiest based on its oil reserves, then war broke out."

As a result of the critical strategic discussions held in Toronto to move forward, including the company's on-going response to disparaging allegations and negative accusations online, Solamon Energy is nonetheless pleased to announce that due not only to the number of opportunities across Africa but the labour-intensive efforts necessary to eventually carry out these large projects, the company is now undertaking a serious period of reflective evaluation enabling executives, suppliers and partners to examine all the documents prepared and presented over the past few months to provide the proper analysis and due diligence these deals across West Africa deserve.

Since launching Solamon Energy, its founders and executives have keenly directed valuable time, energy and effort toward securing commercial deals in the Caribbean region, visiting many islands from Barbados in the east to the Caymans in the west, and also including Central American countries - in particular Mexico, Nicaragua and Panama - but have decided Jamaica is no longer a viable location from which to effectively oversee the roll-out of our company's strategy and efficiently execute its mandate on behalf of shareholders. In addition to seeking and securing new funding and honing our corporate focus on profitability, Boyce states there's now a lot of work to do other than visiting and meeting people in foreign lands, and concludes to operate a head office in Jamaica is no longer practical.

Solamon Energy Corp typically offers a ground-mounted solar array of integrated cells over a package of land called the Apollo Acre™. The company, including Solamon Ghana, 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. markets 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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