Talesun Solar Partners with Green Grants to Deliver Pre-Engineered Rooftop Solar Solution for Communities in Greater New Orleans Region

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Louisiana homeowners to get clean solar electricity with no-up-front-cost through innovative rooftop solar system and residential solar lease financing.

Talesun Solar USA, Ltd, the US subsidiary of Zhongli Talesun Solar, a globally positioned, premium producer of solar modules and systems, today announced that it is supplying New Orleans-based residential solar and energy efficiency developer, Green Grants, LLC, 4 megawatts (MW) of pre-engineered and integrated rooftop solar system. According to the supply schedule, Talesun Solar USA will deliver the rooftop systems for installation in the Greater New Orleans region throughout the second and third quarters of 2012. Green Grants owners, Aaron Dirks and Tom Neyhart have set a goal is to install 3000 residential systems, 12 megawatts (MW) in 2012. Talesun is pleased to be their vendor of choice.

The solar system provided by Talesun Solar, named “T-KIT”, is an integrated rooftop solar solution. The all-in T-KIT, with all the components necessary for a complete rooftop solar generation facility, streamlines developer/installer’s procurement process and allows for fast, efficient installation through pre-engineering.

The T-KITs will be installed on roof tops of homes throughout the Greater New Orleans region and interconnected with local utility Entergy’s network, feeding clean, carbon-free solar electricity generation to on-site load and any excessive power to the grid. Green Grants, through its affiliates, will underwrite residential solar leases to homeowners at no-up-front-cost and affordable monthly payment. Homeowners will be saving money through significantly lower electricity bills, net of lease payments. Green Grants will utilize both federal and Louisiana state incentives to help offset the homeowner’s cost of the solar system.

"We are excited to partner with Green Grants to provide our state-of-the-art T-KIT for the innovative solar leases designed specifically for the Louisiana market," stated Eric Ma, General Manager of Talesun Solar USA. "The T-KIT is an ideal solution for residential solar developers and installers and provides the best quality and value for residential solar lease underwriters, who in turn can pass along the value and cost-effectiveness to homeowners. We expect to expand the T-KIT’s success in Louisiana with Green Grants and elsewhere in the US residential markets.”

About Talesun Solar
Talesun is a globally positioned, premium producer of solar modules and cells for the consumer and industrial sectors. The company's 200,000m², fully automated manufacturing plant in the Chinese province of Jiangsu will reach a production capacity of 2GW by the end of 2012. Talesun has subsidiaries in Shanghai, Munich, and San Jose, CA to serve regional markets. For more information on Talesun Solar, please visit http://www.talesun.com.

About Green Grants
Green Grants, LLC is a New Orleans, Louisiana-based company that specializes in working with Louisiana homeowners to research eligibility, apply for and receive applicable federal, state, and local tax credit and grant programs pertaining to green energy, energy-efficiency and savings, storm-proofing and weatherization. Green Grants works with customers to obtain solar panels at a price significantly below market rate and also provides every customer that receives panels in 2012 & 2013 with additional energy-efficiency measures designed to help save every homeowner achieve a significant reduction in their monthly utility expenses. For additional information on Green Grants, please visit http://www.greengrants.com.

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Xu Chen

Thomas A. Neyhart
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