Solar

American Clean Power Inc. Receives Investment from SOLON AG

[RenewableEnergyAccess.com] American Clean Power, Inc. (ACPI) announced today that SOLON AG had purchased an undisclosed amount of Convertible Preferred stock in the company. ACPI is the parent company of The Solar Center (TSC), a rapidly growing solar energy integrator headquartered in New Jersey. Dennis Wilson, the CEO of TSC said, “The solar industry is growing rapidly in the U.S. and the market is expected to be enormous. Nearly thirty states now have Renewable Portfolio Standards (RPS) that require an increasing amount of electricity to come from renewable generation. New Jersey has been leading the way in the Eastern half of the US with aggressive solar incentive programs designed to foster a solar industry that can deliver New Jersey’s goal of at least 1500 megawatts of solar electric generation by 2020.”