Tomahawk, WI 8/15/2011 (PennyPayDay) – Grid Cloud Solutions Inc. (PINK:GRDC) announced today, in a press release, that it is securing options to develop solar power on lands in prime regions for available transmission capacities totaling over 10 MW of ground mounted photovoltaic projects. GRDC has been one of the most active stocks on the smallcap space today with nearly 8 million shares traded and a last recorded price of $0.02 per share. GRDC is under an e-mail promotion campaign as well.The advancing solar energy projects, located in Ontario, Canada, are expected to be permitted under the province's renewable energy promoting Feed-In-Tariff program. Once operational these additional projects would generate over $7.8 M per annum in revenues for Grid Cloud Solutions and its partners for 20 years.
Grid Cloud CEO, Mr. Danny Wong, comments, "The Grid Cloud team continues to secure rural lands closest to areas where transmission line capacity is not an issue, for itself and other Renewable Energy developers, while supporting the distributed generation model, which is expected to create environmental benefits and support communities."
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