Financing Enables Barnabus Energy to Acquire New Solar Products

Solana Beach, California [] Barnabus Energy, currently d.b.a. Open Energy Corporation, secured a major financing from Cornell Capital Partners, LP to fund growth and complete the acquisitions of Solar Roofing Systems, Inc. (SRS) and Connect Renewable Energy, Inc. (CRE). The proceeds will provide Open Energy with a product line of solar photovoltaic (PV) solutions for commercial and residential consumers. SolarSave roofing tiles and membrane systems are lightweight products manufactured in North America that are said to be easy to install, and carry a 20-year warranty as building integrated PV (BIPV) roofing materials. Proceeds will also fund commercialization of Suncone CSP (concentrating solar power) systems for the production of power and water.
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