Sunvalley Solar Receives Letters of Interest for Over 600 Kilowatts of Solar Installation Projects

WALNUT, Calif., June 13, 2011 /PRNewswire/ -- Sunvalley Solar, Inc. (OTC QB: SSOL), a leading provider of solar power technology and solar integration systems, announced that it received new non-binding Letters of Interest for 604.84 kilowatts of solar installation projects for 2012 from three Southern California customers.

Sunvalley Solar continues to aggressively promote its thin film technology solar system solutions by leveraging the incentives from the Federal Government (30% of the project cost as a Federal Tax Cash Grant) and solar rebate programs from the utility company, and by capitalizing on Sunvalley's own client-financing plan. On June 7th, Sunvalley received new non-binding Letters of Interest for over 600 kilowatts of solar installation projects with a potential value of approximately $2.85M from CGM Development, PGI Pacific Graphics, and PTP Inc. in the Los Angeles area. Definitive contracts are under negotiation.

About Sunvalley Solar, Inc.

Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing the world's carbon foot print from traditional energy sources to make renewable sources such as solar the nation's mainstream source of power. 

To learn more, visit www.sunvalleysolarinc.com.

Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

SOURCE Sunvalley Solar, Inc.

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