LAS VEGAS, NV -- (Marketwire) -- 06/09/11 -- Cal-Bay International, Inc. (PINKSHEETS: CBYI) today announced the company is testing a newly designed multi-tier solar panel system for the production of clean energy.
Company President Kevin Denniston commented that traditional Solar Energy panels work very well for the production of energy. The biggest drawback is the amount of physical space required to house the panels, and while many creative locations are being utilized, a multi-tier panel allowing the sun's rays to penetrate multiple panel layers is a major space-saving and maximum efficiency operation, producing more power in a smaller environment. Cal-Bay is currently testing a prototype system that would possibly maximize the production of Solar Energy per location along with significantly reducing the installation costs based on return on Investment (ROI).
There are many Federal and State tax incentives available from the installation and use of Clean Energy Solar Panels for utilization in both Commercial and Residential applications. These incentives can be found at: www.solar-estimate.org
Mr. Denniston further commented that, upon satisfactory completion of testing, the company is anticipating the addition of its first Solar facility alongside the company's soon-to-be-operational, waste to Clean Energy location in Scottsdale, Arizona. In addition to the installation of the company's Solar facility, Cal-Bay plans to market the multi-tier panel system for both commercial and residential applications, by way of Direct Marketing and Distributorship opportunities.
More technical and statistical information will be available on the company's redesigned website, which is currently under reconstruction and should be launched in the very near future.
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