SolarSense and AEDG (the "Entities") announce the hiring of 23-year Renewable industry veteran Fritz Krussman as Executive Vice President, Finance. Fritz joins the entities Executive Team, following a successful career in renewables/solar with GE Renewables, MOTECH, and AstroPower. Fritz owns "The Office of Finance" for the entities, including Project Finance, Forecasting, Planning, Tax and related matters. Fritz has been a valued member of the Board of Advisor and equity owner of the entities since their inception.
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SolarSense secures $745,000 in new capital for the construction and project financing of (2) host customers’ commercial Solar PV system in NJ. Terms of the debt financing are undisclosed.
US Global Glow, a SolarSense partner and provider of progressive lighting and energy reduction solutions, announces a wish donation on behalf of their client Brown’s ShopRite in South Philadelphia. We are enthused and grateful to have US Global Glow and Brown’s ShopRite support the Make-a-Wish foundation and continue to deliver on the “Watts for Wishes” mission.”
www.abclocal.go.com AEDG signs a definitive agreement with National Capital Resources to serve as Financial Advisor (FA) on select development projects in the AEDG pipeline. Commenting on the relationship, Chris Fraga, CEO of AEDG states, "Rodney Jones, Managing Partner of NCR, brings 30-years of experience, knowledge, relationships, integrity, and creativity to our team. We could not be more delighted with the relationship, capabilities, and results Rodney and his firm adds to ours for the successful development of projects in the alternative energy space".
AEDG signs a definitive agreement with a leading boutique project finance / capital sourcing partner for $100,000,000 in project financing for renewable and alternative energy development projects. Terms of the agreement are confidential and undisclosed, however, AEDG and their partner forecast utilizing this initial round of capital within 3 years.
Shamong Township, voted the 6th best place to live in NJ, selects SolarSense and EPC services firm Renergy, Inc. for a (15) year Power Purchase Agreement (PPA) to offset their utility expenses.
www.shamong.net White House Blog: Can a modern company be both financially successful, socially responsible, and environmentally friendly?
blog.cleantechies.com The Watts for Wishes program grows! US Global Glow, a SolarSense partner, and provider of progressive lighting and energy reduction solutions, announces their adoption and sponsorship of the "Watts for Wishes" charitable program. US Global Glow President, Joe Wolf, along with their lighting-efficiency-and-retrofit client Brown's ShopRite, will sponsor their first wish with a sendoff party for a Make-A-Wish recipient on August 9th in SouthEastern PA.
www.timesherald.com SolarSense announces the growth of its company "Alternative Energy Development Group, LLC" (AEDG). AEDG was formed to develop distributed-generation, alternative and clean energy projects for commercial clients, focused on Bloomenergy's solid oxide fuel cell technology - The Bloom EnergyServer. AEDG and Bloom have developed a $45M PPA pipeline in the Mid-Atlantic region. The AEDG website is under development and will launch by mid-September.
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