Solamon Energy Corp News

Solamon President Yeo to speak at NYC’s Invest Caribbean Now in 2012

Posted onNovember 24, 2011underPress Releases

(Toronto) — Solamon Energy Corp. is proud to announce company president Jay Yeo has been invited and will be speaking at the prestigious Invest Caribbean Now event slated to be held next June in New York City.  The event, a power breakfast, is being presented by Hard Beat Communications in association with The Caribbean Tourism Organization, WSEE TV, News Americas, CaribPR Wire and the PR Newswire, and aims to showcase investment opportunities in this emerging market.

“We are hopeful Solomon, given its investment in solar energy in the region, will address the issue of greening to save tourism,” explains Felicia Persaud, CEO of Hard Beat Communications, the event organizer.  A similar extremely successful event held this past summer at The Marriott attracted over 300 money managers, investors, hoteliers, ministers of governments and real estate developers, according to Persaud; on hand were Vice President of Goldman Sachs, W. Dave Dowrich, and CEO of the Brilla Group, David Brillenbourg.

The 2012 event will again be focused on presenting investment opportunities and Persaud expects it will be attended by at least 13 Caribbean tourism ministers of government, as well as top Caribbean tourism directors, hoteliers, U.S. money managers and investors, and entrepreneurs from the Caribbean community in the United States.

“We’ve approached several prominent hotel associations over the past few months and offered to provide a stable supply of electricity, generated using the power of the sun,” says Yeo, who is currently in Jamaica meeting senior-level business executives.  “From the outset, we’ve simply wanted to sell and install the Apollo Acre™, which we’re doing, but given the extensive opportunities to invest in the array of numerous Power Purchase and Land Lease Agreements, I think we’ll certainly enjoy mixing and matching investors at the event.”

Solamon provides a fully managed solution called the Apollo Acre™, a turnkey process from beginning to end including site inspections, project design and development, as well as addressing requisite environmental and local permitting, 3rd party engineering, procurement and construction, as well as system testing and eventual commissioning, security and maintenance.

In the Caribbean, Solamon offers a ground-mounted solar array of integrated photovoltaic cells typically over a 5-acre package of land.  The company also designs and installs custom solutions with local partners to provide roof-mounted and parking lot systems that could be easily augmented by micro wind turbine technology.

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.