WALNUT, Calif., Aug. 11, 2015 /PRNewswire/ -- Sunvalley Solar, Inc. (OTCBB:SSOL), a leading solar power technology and solar system integration company, announced today that it is seeking partnerships to develop and implement its patented technology – Networked Solar Panels and Related Methods.
Renewable energy sources, including solar power, continue to garner an increased portion of the public electricity grid as public awareness of global warming intensifies. A grid, which relies to some degree on natural renewable energy sources, understandably suffers supply fluctuations when those same natural sources experience ebb and flow that is the norm in any environmental system. With regard to solar power, Photovoltaics (PV panels) rely on environmental factors such as weather, which can cause significant swings in the power supplied to the grid. These swings in power supplied by the PV panels unfavorably modify the grid's load and the manageability of that same power grid. For example, the electrical production of a plurality of PV panels under moving clouds can change from very little to very large amounts in a short time period –, this change correspondingly causes a voltage oscillation in the associated power grid. The voltage variability is exacerbated by the uncertainty of draws on the electrical energy within the power grid. Accordingly, the need for systems and methods of converting solar energy into electrical energy without resulting in unfavorable voltage fluctuations in the power grid are essential to utility companies and solar energy providers alike.
Sunvalley Solar has patented a new technology "Networked Solar Panels and Related Methods" (USPTO 12/198,076), which allows the solar power system operator to dynamically monitor the grid status, manage and control the output from the each panel, each subsystem and the system as a whole. This innovative control of the solar power system employs a robust software platform and management control methodology. Through this technology, system managers can address the undesirable fluctuations in the voltage of the power grid due to the natural environment's impact. Sunvalley seeks partnerships among solar panel suppliers, utility companies and energy management companies, to co-develop this patented technology and make it the industry standard for the management of power grids.
About Sunvalley Solar, Inc.
Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar, Inc. is committed to reducing the world's carbon foot print from traditional energy sources to make renewable sources such as solar the nation's mainstream source of power.
To learn more, visit www.sunvalleysolarinc.com.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Contact:
Sunvalley Solar, Inc. Investor Relations
ir@sunvalleysolarinc.com
909-598-0618 ext 117
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SOURCE Sunvalley Solar, Inc.