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SAN DIEGO, CA --(Marketwired - March 22, 2016) - Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy, media and branding and EV charging product company, announced today that the Company has successfully deployed the first patented EV ARC™ solar powered charging station to the US Virgin Islands in the Caribbean.
The deployed EV ARC™ Transformer model was delivered in a fully assembled collapsed state in a standard shipping container. Upon arrival, using the Company's patent pending transformation technology, the EV ARC™ was returned to its upright position and ready to charge EVs within minutes. The EV ARC™ Transformer has the additional benefit of being able to be collapsed before and during severe weather events, such as hurricanes. The unit will continue to generate electricity in a collapsed state, but with a greatly reduced wind profile. Additionally, it will provide a highly robust and reliable source of energy during extreme conditions when the traditional grid may not be available. The EV ARC™ product was purchased by the Government of the US Virgin Islands and is the first autonomous solar powered EV charging station in the region.
"The EV ARC will be used initially to support the electric vehicles in the Government's fleet and is part of the Government's plan to reduce emissions and fuel cost to the tax payers in the Territory of United States Virgin Islands," said Randolph Bennett, Commissioner of Property and Procurement of the US Virgin Islands Government.
"We have crossed another boundary with this successful deployment," said Desmond Wheatley, CEO of Envision Solar. "EV ARC Transformer demonstrates that we can ship and deploy our products anywhere and this is a continuation of our strategy to expand geographically. The markets we target are global and we will continue to push to take advantage of the growth potential in the US and the rest of the world."
Invented and manufactured in California, the EV ARC™ product fits inside a standard parking space and does not reduce available parking. It generates enough clean, solar electricity to power up to 120 miles of EV driving each day. The system's solar electrical generation is enhanced by the patented EnvisionTrak™ system, which causes the array to follow the sun, generating 18 to 25% more electricity than a fixed array. The energy is stored in the EV ARC™ product's energy storage for charging day or night. Because the EV ARC™ product requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location with ease. EV ARC™ products are manufactured in the Company's San Diego facility by combat veterans, the disabled, minorities and other highly talented, mission-driven team members.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, renewably energized, EV charging and Media and Branding systems. The company's products include the patented EV ARC™ and Solar Tree® product lines. All of the Company's products can be enhanced with EnvisionTrak™ patented solar tracking, ARC Technology™ energy storage, SunCharge™ Electric Vehicle Charging Stations and digital advertising packages.
Based in San Diego the company integrates the highest quality components into its Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information, visit www.envisionsolar.com or call 866-746-0514.
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.
Envision Solar International, Inc.