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Company focuses on solar arrays in parking lots

Company focuses on solar arrays in parking lots

Posted 2 years ago in the Solar Business category by Nate Lew
A company that specializes in placing photovoltaic arrays in spaces like parking lots has announced that it is now trading as an over the counter stock.

According to Envision Solar International, its shares started trading in early May.

The company's business model focuses on the development of solar photovoltaic arrays in parking lots and other comparable areas. The panels are mounted on arrays that allow vehicles to be parked beneath them.

So far, Envision Solar reports that it has designed or installed arrays capable of producing 9 megawatts of energy for a variety of public entities, businesses and others. Potential for the company could be significant with many utilities now working on distributed energy projects that use panels mounted on existing structures to generate electricity.

"We're happy to announce that Envision Solar is now a publicly traded company. This event provides the public markets a tangible way to participate in our company's growth," said Robert Noble, CEO of Envision Solar. "We are committed to sustainable growth for our company and believe this is a step in the right direction to bring our vision of 'solar you can see' to a wider market."
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