AndhraNews.net
Home » Business News » 2013 » December » December 17, 2013

Envision Solar Receives Order for EV ARC(TM)


December 17, 2013 - SAN DIEGO, CA

SAN DIEGO, CA--(Marketwired - December 17, 2013) -  Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy Media and Branding product company, announced today that it has received a new order for its fully autonomous, fully mobile, fully renewable Electric Vehicle Charging system from a prominent and well known global internet technology company. The customer has placed the first of potentially multiple orders for EV ARC™.

The EV ARC™ is a cost-effective, easy-to-install, standalone solar charging station that requires no foundation, no trenching, no building permit and no grid connection. This order will allow the customer an opportunity to validate the EV ARC™ system's effectiveness before placing additional orders in the future. EV ARC™ units are currently operating flawlessly in other locations and validation with this customer is expected to be no different.

Desmond Wheatley, CEO of Envision Solar, stated, "We are very pleased to receive an initial order from a leading global technology company. After evaluating solutions from many vendors, the customer selected our EV ARCs because they are the only transportable, fully standalone solar powered chargers available today. The customer has many campuses and the EV ARC's portability and rapid deployability makes it a perfect fit for their considerable expansion plans around electrified transportation. We look forward to this paving the way for adoption of our innovative solar charging products at other Silicon Valley based companies."

Invented, engineered and manufactured in the United States, the EV ARC™ fits inside a standard parking space and generates approximately 16 kWhrs per day that are stored and ready for use in the 22 kWh on board battery storage. The system's clean solar electrical generation is enhanced by EnvisionTrak™ which enables the solar array to follow the sun, generating 18 to 25 percent more electricity than a conventional fixed array.

The past year has seen a major uptick in deployments of electric vehicle supply equipment (EVSE). This acceleration is a direct result of developments in the market for plug-in electric vehicles (PEVs): According to a new report from Pike Research, a part of Navigant's Energy Practice, the EVSE market will expand steadily, as well. Unit sales of EVSE will rise from under 200,000 in 2012 to 3.8 million in 2020. By 2020, the study concludes, 11.4 million EV charging stations will be in operation worldwide.

Contact the Company for more information on EV ARC.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy media and branding systems with a Drag & Drop Infrastructure™ product line. The company's flagship products include the patent pending EV ARC™, patented Solar Tree® array and Solar Tree® Socket™ solar media and branding platforms with EnvisionTrak™, a proprietary and patent pending solar tracker, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company's commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the "Green Halo." Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

Forward Looking Statement
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Contact: 

Lindsay Adams
Envision Solar International, Inc.
(858) 799-4583
gosolar@envisionsolar.com

MarketWire

Comment on this story

Share