Oil and Gas Co. Inks Solar PV Agreement

[RenewableEnergyAccess.com] Oil and gas company Barnabus Energy recently singed an agreement to acquire 20 percent of solar PV company Solar Roofing Systems (SRS) along with the rights of first refusal to acquire a further majority interest. The investment in SRS brings with it access to technologies that include SRS’s SolarSave, a solar thin-film photovoltaic roofing product. Mr. Norman Dodd, Chairman and CEO of Solar Roofing Systems Inc. said that SRS will use the proceeds of the Barnabus investment to scale up their manufacturing capacity and penetrate both North American and International markets ahead of schedule.
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