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	<title>Send2Press Newswire &#187; Lightway Solar America, Inc.</title>
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		<title>Lightway Solar America Executes 16.6 MW Supply Agreement with Premier Power</title>
		<link>http://send2pressnewswire.com/2012/11/14/s2p6942_055501.php</link>
		<comments>http://send2pressnewswire.com/2012/11/14/s2p6942_055501.php#comments</comments>
		<pubDate>Wed, 14 Nov 2012 10:55:01 +0000</pubDate>
		<dc:creator>Lightway Solar America, Inc.</dc:creator>
        <dc:identifier>S2PNW006942-20121114T055501</dc:identifier>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[New Jersey]]></category>
		<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[Public Companies]]></category>
		<category><![CDATA[Iselin]]></category>
		<category><![CDATA[ISELIN, N.J.]]></category>
		<category><![CDATA[Lightway Solar America, Inc.]]></category>
		<category><![CDATA[PINK:PPRW]]></category>
		<category><![CDATA[Premier Power Renewable Energy Inc]]></category>
		<category><![CDATA[solar panels]]></category>

		<guid isPermaLink="false">http://www.send2press.com/newswire/Lightway-Solar-America-Executes-16-6-MW-Supply-Agreement-with-Premier-Power_2012-11-1114-001.shtml</guid>
		<description><![CDATA[ISELIN, N.J. (SEND2PRESS NEWSWIRE) -- Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., has announced the execution of a 16.6 megawatt Supply Agreement with Premier Power Renewable Energy, Inc. (OTCBB: PPRW / PINK:PPRW) Lightway is scheduled to begin delivery of solar panels from Q4 2012 throughout 2013 for projects developed by Premier Power in both the U.S. and European markets.]]></description>
				<content:encoded><![CDATA[<p><a href="http://send2pressnewswire.com"><img src="http://send2pressnewswire.com/image/12-1026-lightway_72dpi.jpg" border="0" alt="" class="alignright" height="250" align="right" /></a>ISELIN, N.J., Nov. 14, 2012 (SEND2PRESS NEWSWIRE) &#8212; Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., has announced the execution of a 16.6 megawatt Supply Agreement with Premier Power Renewable Energy, Inc. (OTCBB: PPRW / <a href="http://www.google.com/finance?q=PINK%3APPRW">PINK:PPRW</a>) Lightway is scheduled to begin delivery of solar panels from Q4 2012 throughout 2013 for projects developed by Premier Power in both the U.S. and European markets.</p>
<p>Lightway Solar America has made tremendous strides by proving to be one of the more aggressive <a href="http://www.lightwaysolaramerica.com/">solar panel</a> manufacturers with a willingness to move further downstream into project financing and engineering solutions. In just the last three weeks, Lightway Solar has already announced three separate supply agreements ranging from 12 MW to 22 MW each. Premier Power is a project developer that also specializes in EPC (Engineering, Procurement and Construction), distribution and installation with a proven track record in the three main solar segments of utility, commercial, and agricultural markets. </p>
<p>William Sien, Sr. Director at Lightway Solar America, said: &#8220;A critical aspect of creating a sustainable growth model for Lightway Solar is the development of strategic relationships with multi-dimensional players that do not have an over-dependence on any one particular market or rely on one particular area of expertise. We are pleased to partner with Premier Power given their success in building brand name globally through their ability to not only develop, but also finance, engineer and construct projects.&#8221;</p>
<p>Wei Na, Global Sales and Marketing VP of Lightway Green New Energy, said: &#8220;We are pleased with the speed that Lightway Solar America has gained market share in the U.S. through our focus on bankability and financial solutions. In Premier Power, we have a partner that will extend our EPC and project development relationships globally.&#8221;</p>
<p>Francesco Marangon, CEO of Premier Power Renewable Energy, Inc. said: &#8220;As a fully integrated project developer and builder that accepts full responsibility of the engineering, procurement and construction of a project in the United States and Europe, we understand that our investors view quality and bankability of the solar panels as key components. We are pleased to have secured Lightway Solar America as our primary solar panel supplier to ensure the productivity of our long term investments.&#8221;</p>
<p><strong>About Premier Power Renewable Energy, Inc.:</strong><br />
Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power was acquired by Gascom in July 2012. Gascom is among the top 10 private utilities in Italy servicing over 100,000 customers and is active in the renewable with a portfolio of wind, solar, hydro and biomass projects. Premier Power designs, engineers and integrates the solar industry&#8217;s leading products. Premier Power&#8217;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, Calif. and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. </p>
<p>For more information, visit <a href="http://www.premierpower.com" class="autohyperlink" title="http://www.premierpower.com" target="_blank">www.premierpower.com</a> .</p>
<p><strong>About Lightway Green New Energy Co., Ltd.:</strong><br />
Lightway Green New Energy is world class, vertically integrated <a href="http://www.lightwaysolaramerica.com/">solar panel manufacturer</a> with 660 MW of balanced, production capacity that incorporates ingot, wafer, cell and module manufacturing. The manufacturing plant is located in a futuristic Science &amp; Technology Park based in Gaobeidian, China that spans 2.3M square feet and is the home to over 5,000 employees. With a strong financial portfolio and the support of their strategic partnerships, Lightway will continue to expand and plans to reach 1500 MW in 2014. One of the strategic markets for Lightway is the development of the U.S. region through their subsidiary, Lightway Solar America with a sales office in New Jersey and warehouses on the east and west coast. </p>
<p>For more information, visit <a href="http://www.lightwaysolaramerica.com" class="autohyperlink" title="http://www.lightwaysolaramerica.com" target="_blank">www.lightwaysolaramerica.com</a> &#8211; or call 732-602-1930.</p>
<p><strong>NEWS SOURCE:</strong> Lightway Solar America, Inc. :: This press release was issued on behalf of the news source by <a href="http://www.send2press.com/services/">Send2Press</a>(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: <a href="http://Send2PressNewswire.com/" class="autohyperlink" title="http://Send2PressNewswire.com/" target="_blank">http://Send2PressNewswire.com/</a> .</p>
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		<title>Lightway Solar America Enters Into Agreement with Suntuity to Supply 22 MW of Photovoltaic Modules</title>
		<link>http://send2pressnewswire.com/2012/11/12/s2p6932_065502.php</link>
		<comments>http://send2pressnewswire.com/2012/11/12/s2p6932_065502.php#comments</comments>
		<pubDate>Mon, 12 Nov 2012 11:55:02 +0000</pubDate>
		<dc:creator>Lightway Solar America, Inc.</dc:creator>
        <dc:identifier>S2PNW006932-20121112T065502</dc:identifier>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[New Jersey]]></category>
		<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[Energy, Oil, Gas and Solar]]></category>
		<category><![CDATA[Iselin]]></category>
		<category><![CDATA[ISELIN, N.J.]]></category>
		<category><![CDATA[Lightway Solar America, Inc.]]></category>
		<category><![CDATA[Photovoltaic Modules]]></category>
		<category><![CDATA[Suntuity]]></category>

		<guid isPermaLink="false">http://www.send2press.com/newswire/Lightway-Solar-America-Enters-Into-Agreement-with-Suntuity-to-Supply-22-MW-of-Photovoltaic-Modules_2012-11-1112-002.shtml</guid>
		<description><![CDATA[ISELIN, N.J. (SEND2PRESS NEWSWIRE) -- Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Suntuity have entered in an agreement for Lightway to supply 22 megawatts of solar panels for 31 of Suntuity's solar projects located throughout New Jersey, Pennsylvania and California.]]></description>
				<content:encoded><![CDATA[<p><a href="http://send2pressnewswire.com"><img src="http://send2pressnewswire.com/image/12-1026-lightway_72dpi.jpg" border="0" alt="" class="alignright" height="250" align="right" /></a>ISELIN, N.J., Nov. 12, 2012 (SEND2PRESS NEWSWIRE) &#8212; Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Suntuity have entered in an agreement for Lightway to supply 22 megawatts of <a href="http://www.lightwaysolaramerica.com/">solar panels</a> for 31 of Suntuity&#8217;s solar projects located throughout New Jersey, Pennsylvania and California. The projects range in various sizes including a 12 megawatt grid supply project. As part of their Agreement, Lightway&#8217;s project development subsidiary, LWSA Project Development LLC will invest $4.37M of equity in Suntuity.</p>
<p>Suntuity is a global EPC with extensive financial and technical solar expertise. The partnership between Suntuity and Lightway will also open the doors for Lightway to offer Design, Engineering and Construction services to its module customers on very attractive terms.</p>
<p>Steven Gifis, Director of U.S. Market Strategy for Lightway, said &#8220;Equity investment in properly structured solar projects is the right path for module suppliers such as Lightway to gain market share in today&#8217;s challenging and highly competitive environment. We are very pleased to partner with Suntuity in developing their wide range of excellent solar projects.&#8221;</p>
<p>Wei Na, Global Sales and Marketing VP of Lightway Green New Energy, further commented, &#8220;In today&#8217;s challenging and dynamic solar environment, we are pleased to progress with the execution of our global business model which not only includes emphasis on quality, cost reduction and downstream integration into project financing, but an increased focus on expanding our footprint into strategic markets such as North America.&#8221;</p>
<p>Dan Javan, CEO of the Suntuity Group of companies said, &#8220;Over the years, Solar Power has changed from a technological solution to a financial one. We are excited about our partnership with Lightway because of its conformance with our focus on vertical integration, high quality product delivery and strategic execution and because it combines the best that technology and solar financials have to offer.&#8221;</p>
<p><strong>About Suntuity:</strong><br />
Suntuity&reg; designs, builds and maintains solar and wind energy solutions for residential, commercial and utility-scale markets around the world. Using innovative financing solutions, in-depth technical expertise, global experience and embedded process knowledge, Suntuity delivers the best quality products and solutions that maximize the output and return on investment for their clients. Through the use of Innovative Business Practices, Suntuity makes Best-in-Class Renewable Energy products and solutions affordable. With a global pipeline of over 500 Megawatts, Suntuity&#8217;s team of Professional Engineers, Certified Project and Construction Managers, Delivery personnel and Support staff are strategically positioned to deliver leading edge global turn-key solutions. </p>
<p>For more information, visit <a href="http://www.suntuity.com/" class="autohyperlink" title="http://www.suntuity.com/" target="_blank">http://www.suntuity.com/</a> or call 1-855-SUNTUITY.</p>
<p><strong>About Lightway Green New Energy Co., Ltd.:</strong><br />
Lightway Green New Energy is world class, vertically integrated <a href="http://www.lightwaysolaramerica.com/">solar panel manufacturer</a> with 660 MW of balanced, production capacity that incorporates ingot, wafer, cell and module manufacturing. The manufacturing plant is located in a futuristic Science and Technology Park based in Gaobeidian, China that spans 2.3M square feet and is the home to over 5,000 employees. With a strong financial portfolio and the support of their strategic partnerships, Lightway will continue to expand and plans to reach 1500 MW in 2014. One of the strategic markets for Lightway is the development of the U.S. region through their subsidiary, Lightway Solar America, Inc. which has a sales office in New Jersey and warehouses on both the east and west coast. </p>
<p>For more information, visit <a href="http://www.lightwaysolaramerica.com/" class="autohyperlink" title="http://www.lightwaysolaramerica.com/" target="_blank">http://www.lightwaysolaramerica.com/</a> .</p>
<p><strong>NEWS SOURCE:</strong> Lightway Solar America, Inc. :: This press release was issued on behalf of the news source by <a href="http://www.send2press.com/services/">Send2Press</a>(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: <a href="http://Send2PressNewswire.com/" class="autohyperlink" title="http://Send2PressNewswire.com/" target="_blank">http://Send2PressNewswire.com/</a> .</p>
]]></content:encoded>
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		<title>Lightway Solar America Enters Into Agreement with Pristine Sun to Supply 11.8 MW of Solar Modules</title>
		<link>http://send2pressnewswire.com/2012/10/29/s2p6878_045703.php</link>
		<comments>http://send2pressnewswire.com/2012/10/29/s2p6878_045703.php#comments</comments>
		<pubDate>Mon, 29 Oct 2012 08:57:03 +0000</pubDate>
		<dc:creator>Lightway Solar America, Inc.</dc:creator>
        <dc:identifier>S2PNW006878-20121029T045703</dc:identifier>
				<category><![CDATA[Energy, Oil and Gas]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[New Jersey]]></category>
		<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[Iselin]]></category>
		<category><![CDATA[ISELIN, N.J.]]></category>
		<category><![CDATA[Lightway Solar America, Inc.]]></category>
		<category><![CDATA[Pristine Sun LLC]]></category>
		<category><![CDATA[solar panel manufacturer]]></category>

		<guid isPermaLink="false">http://www.send2press.com/newswire/Lightway-Solar-America-Enters-Into-Agreement-with-Pristine-Sun-to-Supply-11-8-MW-of-Solar-Modules_2012-10-1029-003.shtml</guid>
		<description><![CDATA[ISELIN, N.J. (SEND2PRESS NEWSWIRE) -- Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Pristine Sun, LLC have entered in an agreement whereas Lightway will supply 11.8 megawatts of solar panels for 12 projects located throughout California ranging from 325 KW to 1.95 MW. The Supply Agreement was structured to have Lightway's project development subsidiary, LWSA Project Development LLC, invest a total of $2.55M in exchange for equity ownership.]]></description>
				<content:encoded><![CDATA[<p><a href="http://send2pressnewswire.com"><img src="http://send2pressnewswire.com/image/12-1026-lightway_72dpi.jpg" border="0" alt="" class="alignright" height="250" align="right" /></a>ISELIN, N.J., Oct. 29, 2012 (SEND2PRESS NEWSWIRE) &#8212; Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Pristine Sun, LLC have entered in an agreement whereas Lightway will supply 11.8 megawatts of <a href="http://www.lightwaysolaramerica.com/">solar panels</a> for 12 projects located throughout California ranging from 325 KW to 1.95 MW. The Supply Agreement was structured to have Lightway&#8217;s project development subsidiary, LWSA Project Development LLC, invest a total of $2.55M in exchange for equity ownership.</p>
<p>Pristine Sun has been aggressively building their project development model by focusing primarily on the small business niche and has quickly become the leading developer of small utility scale projects in California.</p>
<p>Lightway has joined the emerging trend of module suppliers that are adding project ownership as a supplement to their manufacturing model in order to build market share throughout the United States.</p>
<p>William Sien, President of LWSA Project Development, said &#8220;Module suppliers operate in a challenging environment dominated by oversupply and project financing difficulties. Lightway has to take the initiative and be creative with new business models that pro-actively incorporate financing solutions for our customers. We feel that the Pristine Sun partnership not only supports our downstream integration into project ownership, but also will also help us strategically develop a brand name in California for the small commercial segment.&#8221;</p>
<p>Troy Helming, CEO of Pristine Sun, said &#8220;With an abundance of module suppliers to choose from, we were looking for a partner that not only could provide a quality, bankable module, but a supplier that would also be willing to share the project financing responsibilities with Pristine Sun. With Lightway, we are confident that we have a partner that meets our quality standards and has a thorough understanding of the challenges project developers are facing in today&#8217;s difficult conditions.&#8221;</p>
<p><strong>About Lightway Green New Energy Co., Ltd.:</strong><br />
Lightway Green New Energy is world class, vertically integrated solar panel manufacturer with 660 MW of balanced, production capacity that incorporates ingot, wafer, cell and module manufacturing. The manufacturing plant is located in a futuristic Science and Technology Park based in Gaobeidian, China that spans 2.3M square feet and is the home to over 5,000 employees. With a strong financial portfolio and the support of their strategic partnerships, Lightway will continue to expand and plans to reach 1500 MW in 2014. One of the strategic markets for Lightway is the development of the U.S. region through their subsidiary, Lightway Solar America, Inc. which has a sales office in New Jersey and warehouses on both the east and west coast. </p>
<p>More information: <a href="http://www.lightwaysolaramerica.com/" class="autohyperlink" title="http://www.lightwaysolaramerica.com/" target="_blank">http://www.lightwaysolaramerica.com/</a> .</p>
<p><strong>About Pristine Sun, LLC:</strong><br />
Pristine Sun is a professional full service renewable energy company with a goal to become the most respected solar developer in America. Pristine Sun&#8217;s core management team has an average of 10-16 years of experience each in the development and finance of solar and wind projects with a combined total of over $2 billion. Pristine Sun, originally backed by a $24 billion private equity fund, has a 2 GW solar pipeline with 750 MW of &#8220;real&#8221; projects under active development, is headquartered in San Francisco, Calif. Pristine&#8217;s business model is simple: We are proficient at acquiring site leases and 20 year Power Purchase Agreements for financeable solar and wind projects in markets with FIT programs. We then develop the sites, underwrite, procure financing, construct and operate these low risk projects. </p>
<p>Pristine Sun: developing $1 Billion of solar assets by 2015. More information: <a href="http://www.pristinesun.com/" class="autohyperlink" title="http://www.pristinesun.com/" target="_blank">http://www.pristinesun.com/</a> .</p>
<p><strong>NEWS SOURCE:</strong> Lightway Solar America, Inc. :: This press release was issued on behalf of the news source by <a href="http://www.send2press.com/services/">Send2Press</a>(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: <a href="http://Send2PressNewswire.com/" class="autohyperlink" title="http://Send2PressNewswire.com/" target="_blank">http://Send2PressNewswire.com/</a> .</p>
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		</item>
		<item>
		<title>Lightway Solar America Executes 62.8 MW Solar Project Development Pipeline</title>
		<link>http://send2pressnewswire.com/2012/10/26/s2p6869_044501.php</link>
		<comments>http://send2pressnewswire.com/2012/10/26/s2p6869_044501.php#comments</comments>
		<pubDate>Fri, 26 Oct 2012 08:45:01 +0000</pubDate>
		<dc:creator>Lightway Solar America, Inc.</dc:creator>
        <dc:identifier>S2PNW006869-20121026T044501</dc:identifier>
				<category><![CDATA[Energy, Oil and Gas]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[New Jersey]]></category>
		<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[Solar Energy]]></category>
		<category><![CDATA[Iselin]]></category>
		<category><![CDATA[ISELIN, N.J.]]></category>
		<category><![CDATA[Lightway Green New Energy Co]]></category>
		<category><![CDATA[Lightway Solar America, Inc.]]></category>

		<guid isPermaLink="false">http://www.send2press.com/newswire/Lightway-Solar-America-Executes-62-8-MW-Solar-Project-Development-Pipeline_2012-10-1026-001.shtml</guid>
		<description><![CDATA[ISELIN, N.J. (SEND2PRESS NEWSWIRE) -- Lightway Solar America, Inc. (LSA), the U.S. subsidiary of Lightway Green New Energy Co., Ltd. (LGNE), has announced the execution of 62.8 Megawatts of contracts through their project development subsidiary, Lightway Solar America Project Development, LLC (LWSA PD).]]></description>
				<content:encoded><![CDATA[<p><a href="http://send2pressnewswire.com"><img src="http://send2pressnewswire.com/image/12-1026-lightway_72dpi.jpg" border="0" alt="" class="alignright" height="250" align="right" /></a>ISELIN, N.J., Oct. 26, 2012 (SEND2PRESS NEWSWIRE) &#8212; Lightway Solar America, Inc. (LSA), the U.S. subsidiary of Lightway Green New Energy Co., Ltd. (LGNE), has announced the execution of 62.8 Megawatts of contracts through their project development subsidiary, Lightway Solar America Project Development, LLC (LWSA PD). Lightway has implemented a sales model in which 11.9 MW of solar panels will be invested into these projects in exchange for equity positions with a commitment from their project partners to purchase the remaining 50.9 MW through executed supply agreements.</p>
<p>The project pipeline consists of 11 different solar project development partners with a pipeline of projects ranging from 250 kw to 4.8 MW spread throughout New Jersey, Massachusetts, New York, North Carolina, Arizona and California. Projects will begin construction immediately with 21 MW scheduled for Q4 2012 and 42 MW to be built throughout 2013.</p>
<p>During an era where the U.S. solar industry is challenged with oversupply, decreasing prices and project financing bottlenecks, Lightway has aggressively implemented sales models that focus on bankability, downstream financial solutions, and strategic distribution channels. In less than 2 years, Lightway&#8217;s U.S. subsidiary has already executed over 98 MW of supply agreements and is expecting their project development subsidiary to create additional growth opportunities in 2013.</p>
<p>William Sien, President of LWSA PD, said: &#8220;The earlier trends of integrating upstream have been successful in under-supplied markets, however, we recognize that in today&#8217;s market of oversupply and project financing difficulties, moving further downstream into project ownership will be a key factor towards our future growth and sustainability. Although our primary business model and expertise will remain in solar module manufacturing, we foresee project development and ownership of photovoltaic projects as key drivers to supplement our solar module sales throughout the North America region.&#8221;</p>
<p>Wei Na, Global Sales and Marketing VP of LGNE, parent company of LSA, further commented: &#8220;We are excited about the project pipeline, whose strong commercial and residential presence in U.S. provides us with an excellent opportunity as we operate our business in the U.S. We are confident our high-quality solar modules and customer service will contribute to the growth of the solar industry as a whole.&#8221;</p>
<p><strong>About Lightway Green New Energy Co., Ltd.:</strong><br />
Lightway Green New Energy is world class, vertically integrated solar panel manufacturer with 660 MW of balanced, production capacity that incorporates ingot, wafer, cell and module manufacturing. The manufacturing plant is located in a futuristic Science and Technology Park based in Gaobeidian, China that spans 2.3M square feet and is the home to over 5,000 employees.</p>
<p>With a strong financial portfolio and the support of their strategic partnerships, Lightway will continue to expand and plans to reach 1,500 MW in 2014. One of the strategic markets for Lightway is the development of the U.S. region through their subsidiary, Lightway Solar America with a sales office in New Jersey and warehouses on the east and west coast. </p>
<p>For more information: <a href="http://www.lightwaysolaramerica.com/" class="autohyperlink" title="http://www.lightwaysolaramerica.com/" target="_blank">http://www.lightwaysolaramerica.com/</a> .</p>
<p><strong>NEWS SOURCE:</strong> Lightway Solar America, Inc. :: This press release was issued on behalf of the news source by <a href="http://www.send2press.com/services/">Send2Press</a>(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: <a href="http://Send2PressNewswire.com/" class="autohyperlink" title="http://Send2PressNewswire.com/" target="_blank">http://Send2PressNewswire.com/</a> .</p>
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		<title>Lightway Solar America Expands Supply Agreement with G&amp;S Solar to Thirty-Four Megawatts</title>
		<link>http://send2pressnewswire.com/2012/03/19/s2p5956_045918.php</link>
		<comments>http://send2pressnewswire.com/2012/03/19/s2p5956_045918.php#comments</comments>
		<pubDate>Mon, 19 Mar 2012 08:59:18 +0000</pubDate>
		<dc:creator>Lightway Solar America, Inc.</dc:creator>
        <dc:identifier>S2PNW005956-20120319T045918</dc:identifier>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Energy, Oil and Gas]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[New Jersey]]></category>
		<category><![CDATA[Press Releases]]></category>
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		<category><![CDATA[Iselin]]></category>
		<category><![CDATA[ISELIN, N.J.]]></category>
		<category><![CDATA[Lightway Green New Energy Co]]></category>
		<category><![CDATA[Lightway Solar America, Inc.]]></category>

		<guid isPermaLink="false">http://www.send2press.com/newswire/2012-03-0319-001.shtml</guid>
		<description><![CDATA[ISELIN, N.J., March 19, 2012 (SEND2PRESS NEWSWIRE) -- Lightway Solar America, Inc. (Lightway), the U.S. subsidiary of Lightway Green New Energy Co., Ltd., announced the execution of a Supply Agreement with G&#38;S Solar (G&#38;S) to provide thirty-four megawatts (34 MW) of multicrystalline solar modules. The Agreement requires G&#38;S to purchase over 122,000 panels from Lightway within a one year period.]]></description>
				<content:encoded><![CDATA[<p><img src="http://send2pressnewswire.com/image/12-0319-lightway_72dpi.jpg" border="0" alt="" class="alignright" height="250" width="250" align="right" />ISELIN, N.J., March 19, 2012 (SEND2PRESS NEWSWIRE) &#8212; Lightway Solar America, Inc. (&#8220;Lightway&#8221;), the U.S. subsidiary of Lightway Green New Energy Co., Ltd., announced the execution of a Supply Agreement with G&amp;S Solar (&#8220;G&amp;S&#8221;) to provide thirty-four megawatts (34 MW) of multicrystalline solar modules. The Agreement requires G&amp;S to purchase over 122,000 panels from Lightway within a one year period. Deliveries had already commenced in December of 2011 as part of an eight megawatt (8 MW) contract that has now been expanded to a total of thirty-four megawatts (34 MW).</p>
<p>Lightway opened their U.S. office in Iselin, New Jersey during the end of 2010 and has captured significant market share through the implementation of aggressive strategies that include the development of a bankable product, technological innovation, and a variety of financial solutions for their downstream customers. During Q4 2011, Lightway executed over 100 MW of Supply Agreements to be delivered throughout the U.S. market during the period of 2012.</p>
<p>Wei Qiang, CEO of Lightway Green New Energy, said, &#8220;The future success of Lightway will depend on our ability to develop long term relationships with project developers that have the capability to excel in a market that is dominated by third party financing. We are confident that G&amp;S Solar has an investment strategy that allows them to remain financially aggressive and we are pleased to begin this new partnership that will solidify our eastern seaboard footprint.&#8221;</p>
<p>Gregg Wasser, Owner of G&amp;S Solar, said, &#8220;In today&#8217;s economic environment, it was essential for G&amp;S Solar to find a module supplier that not only met our criteria of bankability, quality and financial strength, but was also willing to become a true long term financing partner. We feel that our partnership with Lightway is a critical component of our growth strategy as we evolve into a new era of the solar industry.&#8221;</p>
<p><strong>About Lightway Green New Energy Co., Ltd.:</strong><br />
Lightway Green New Energy is world class, vertically integrated solar panel manufacturer with 400 MW of balanced, production capacity that incorporates ingot, wafer, cell and module manufacturing. The manufacturing plant is located in a futuristic Science &amp; Technology Park based in Gaobeidian, China that spans 2.3M square feet and is the home to over 5,000 employees. With a strong financial portfolio and the support of their strategic partnerships, Lightway will continue to expand and plans to reach 600 MW in 2013 and 1500 MW in 2014. One of the strategic markets for Lightway is the development of the U.S. region through their subsidiary, Lightway Solar America, Inc. which has a sales office in New Jersey and warehouses on both the east and west coast. For more information, go to <a href="http://www.lightwaysolarusa.com" class="autohyperlink" title="http://www.lightwaysolarusa.com" target="_blank">http://www.lightwaysolarusa.com</a> .</p>
<p><strong>About G&amp;S Solar:</strong><br />
G&amp;S Solar is a PV developer and has constructed over 30MW of project since inception. G&amp;S Solar is an affiliate of G&amp;S Investors, which develops, leases and manages income-producing properties in the tri-state area. Founded in 1982, G&amp;S is known in the industry for its creativity in solving development problems, particularly in sites deemed unworkable due to physical, economic and political complexities and for achieving the highest possible return on its investment. The company&#8217;s success is based upon identifying opportunities and applying solid economic forecasting, with sensitivity to political realities and retail trends. G&amp;S has successfully executed every project it has initiated. This record has been achieved by fostering close and flexible relationships with financial institutions, local government and community groups involved in every project. For more information, please go to <a href="http://www.gssolarinstallers.com" class="autohyperlink" title="http://www.gssolarinstallers.com" target="_blank">http://www.gssolarinstallers.com</a> .</p>
<p><strong>News Source:</strong> Lightway Solar America, Inc. :: This press release was issued on behalf of the news source by <a href="http://send2press.com/services">Send2Press&reg; Newswire</a>, a service of Neotrope&reg;. View all current news at: <a href="http://Send2PressNewswire.com" class="autohyperlink" title="http://Send2PressNewswire.com" target="_blank">http://Send2PressNewswire.com</a> .</p>
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