The agreement also allows the potential for follow on investment into additional projects, and this funding will support Solar Energy Initiatives pipeline of projects currently in various stages of development.
The firms aim is to reach a final agreement within the next 30 days, and expects to start construction in the near future.
Solar Energy Initiatives is a developer of solar photovoltaic installations, and it provides services through its subsidiary SNRY Power, a developer and manager of municipal and commercial scale solar projects.
