BEIJING, July 26, 2011 /PRNewswire-Asia/ -- China Solar & Clean Energy Solutions, Inc. (OTC Bulletin Board: CSOL) ('CSOL' or the 'Company'), a premier manufacturer and distributor of solar water heaters, space heating devices, and integrated low carbon solutions providers in the People's Republic of China, today announced that one of its subsidiaries has signed a joint construction agreement with a Guizhou company on Eco-Buildings Projects.
SOURCE Mass Energy Lab, Inc.About Enbridge Gas New BrunswickAdditional information regarding EnerCare is available on SEDAR at www.sedar.com or through EnerCare's website at www.enercare.ca . Information on the sub-metering businesses is also available at www.stratacon.ca and at www.enercareconnections.com .China Solar & Clean Energy Solutions, Inc. operates through its subsidiaries Bazhou Deli Solar Energy Heating Co. Ltd. ('Deli Solar (Bazhou)'), Beijing Deli Solar Technology Development Co., Ltd., and Tianjin Huaneng Group, all located in the PRC. The Company manufactures and distributes various forms of alternative energy systems including solar thermal systems for hot water and space heating, industrial heat recovery systems, and solar-powered lighting devices. Currently, the Company has changed its strategic development from solar thermal products marketing to be a large-scale engineering projects low-carbon integrated solutions provider.For more information, please visit http://www.delisolar.com .Contacts: EnerCare Inc. Chris Cawston CFO 1.905.695.7793 or 1.800.781.2943 ccawston@enercare.ca www.enercare.caCertain statements in this news release may contain forward-looking information about China Solar & Clean Energy Solutions and its subsidiaries business and products within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. The actual results may differ materially depending on a number of risk factors including, but not limited to, the general economic and business conditions in the PRC, market and customer acceptance and demand for products, ability to market products, fluctuations in foreign currency markets, the use of estimates in the preparation of financial statements, the impact of competitive products and pricing, the ability to develop and launch new products on a timely basis, the regulatory environment, fluctuations in operating results, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission. China Solar & Clean Energy Solutions undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.The agreement amounts on eco-building engineering costs are more than RMB 4 billion (approx. US 630 million) with net profit rate of approx. 16-18% and will be executed accordingly and continuously under three phases.About China Solar & Clean Energy Solutions, Inc.Cambridge Engineering's proprietary technology allows the S-Series Industrial Space Heater to consistently out-perform competitors, as it achieves 40-70% energy waste reduction with a 1-3 year payback period and has the highest BTU/CFM ratio in the category. Cambridge Engineering is the only manufacturer certified to ANSI Standard Z83.4/CSA 3.7 with a heater that will achieve a max discharge temperature of 160 degrees F. The S-Series has even been embraced by the major Massachusetts Utility companies for custom rebates which has had a notable impact on Mass Energy Lab and Cambridge Engineering's efforts to deploy the product on a large scale throughout the state.
Certain statements in this news release may contain forward-looking information about China Solar & Clean Energy Solutions and its subsidiaries business and products within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. The actual results may differ materially depending on a number of risk factors including, but not limited to, the general economic and business conditions in the PRC, market and customer acceptance and demand for products, ability to market products, fluctuations in foreign currency markets, the use of estimates in the preparation of financial statements, the impact of competitive products and pricing, the ability to develop and launch new products on a timely basis, the regulatory environment, fluctuations in operating results, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission. China Solar & Clean Energy Solutions undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
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