California-based solar developer Premier Power Renewable Energy expects 2011 revenue of US$100M to US$120M, forecasts growth in Europe, North America
EL DORADO HILLS, California
September 16, 2011
– Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets globally announced today that it has posted an, Annual Report, PDF document up on the Company's web site which can be accessed at www.premierpower.com under the investor section.
Premier Power Renewable Energy, Inc. (PPRW) recently stated that it continues to expect 2011 revenue of $100.0 million to $120.0 million and the annual report document does provide investors with additional insights into the Company's current fundamentals and long term business prospects.
Additionally, the Company has recently engaged the services of Harbinger Research which will provide an update to the Company's Harbinger Research Report from a year ago. Brian R. Connell, CFA, a Harbinger Research Senior Analyst, stated, "We are thrilled to update our prior 2010 coverage on Premier, as we believe it is well-positioned in the rapidly growing North American and European solar energy industries. Premier Power provides business, and carrier-class engineering, procurement and construction services to customers in North America, Europe, and South America. The Company also develops complete solar power generation facilities for utilities and financial investors."
Despite all of the economic turmoil, we continue to see exciting growth opportunities for our business," said Frank J. Sansone, chief financial officer of Premier Power. "And we remain very positive about prospects for future growth opportunities in both Europe and North America. Sansone continued, "We felt it was important for us to provide shareholders and investor with an update on the Company's fundamental develops by posting this Annual Report document online and by utilizing Harbinger Research. We expect their research report to be available early next week."
About Premier Power:
Premier Power Renewable Energy, Inc. is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial and governmental customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.