Real Goods Solar Secures More Than 5.0 Megawatts in Public and Commercial
Solar Power Projects Across the Southwest
Secured by the Company's RGS Energy Division, Installations Address Key Market
LOUISVILLE, Colo., Dec. 19, 2012 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc.
(Nasdaq:RSOL), a leading provider of turnkey solar energy solutions, has
recently secured more than 5 megawatts in solar power projects across Arizona
and California in key education, municipal, and commercial market segments.
These significant multi-site programs were won by RGS Energy, the company's
commercial and utility division, and strengthen the company's backlog as it
The project sites range from police and fire stations, city halls and
community centers to educational facilities and a luxury resort. The
installations will feature solar carports and rooftop arrays designed to blend
into the individual aesthetics of each site, with all the projects expected to
be completed in the first half of 2013.
"Expanding into these important market segments in the Southwest has been a
key priority," said Kam Mofid, Real Goods Solar CEO. "These wins strengthen
our growth momentum as we enter 2013 and demonstrate RGS Energy's ability to
secure multi-million dollar solar power projects in both public and commercial
sectors that provide substantial end-user savings."
According to Tim Seamans, general manager of RGS Energy: "These projects will
help our customers offset up to 80% of their electricity usage while
substantially lowering their carbon footprint. We are proud to provide such
outstanding economic and environmental benefits to our customers."
About Real Goods Solar and RGS Energy
Real Goods Solar, Inc. (Nasdaq:RSOL) is one of the nation's pioneering solar
energy companies serving commercial, residential, and utility customers.
Beginning with one of the very first photovoltaic panels sold in the U.S. in
1978, the company has installed more than 14,000 solar power systems
representing 75 megawatts of 100% clean renewable energy. Real Goods Solar
makes it very convenient for customers to save on their energy bill by
providing a comprehensive solar solution, from design, financing, permitting
and installation to ongoing monitoring, maintenance and support. As one of the
nation's largest and most experienced solar power installers, the company has
15 offices across the West and the Northeast. It services the commercial and
utility markets through its RGS Energy division. For more information visit
RealGoodsSolar.com or RGSEnergy.com, or call (888) 507-2561.
The Real Goods Solar, Inc. logo is available at
This press release includes forward-looking statements relating to matters
that are not historical facts. Forward-looking statements may be identified by
the use of words such as "expect," "intend," "believe," "will," "should" or
comparable terminology or by discussions of strategy. While Real Goods Solar
believes its assumptions and expectations underlying forward-looking
statements are reasonable, there can be no assurance that actual results will
not be materially different. Risks and uncertainties that could cause
materially different results include, among others, introduction of new
products and services, completion and integration of acquisitions, the
possibility of negative economic conditions, and other risks and uncertainties
included in Real Goods Solar's filings with the Securities and Exchange
Commission. Real Goods Solar assumes no duty to update any forward-looking
CONTACT: Media and Investor Relations Contact:
Liolios Group, Inc.
Tel (949) 574-3860
Real Goods Solar, Inc. Logo
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