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Thursday June 9th, 2016
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Envision Solar International, Inc. (EVSI)
Stock News Now, SmallCapVoice, Greenbackers, and SmarTrend Newsletters reported earlier on Envision Solar International, Inc.(EVSI), and we choose to report on the Company today, here at the QualityStocks Daily Newsletter.
Envision Solar International, Inc. is a renewable energy, media and branding, and EV charging product company. It is a developer of solar products and proprietary technology solutions. The Company designs, manufactures, and deploys innovative, renewably energized, EV charging and media and branding systems. Envision Solar International is headquartered in San Diego, California.
The Company’s products include the patented EV ARC™ and Solar Tree® product lines. All of Envision Solar’s products can be enhanced with EnvisionTrak™ patented solar tracking, ARC Technology™ energy storage, SunCharge™ Electric Vehicle Charging Stations, as well as digital advertising packages.
Envision has designed and incorporated EnvisionTrak, its proprietary and patented tracking solution, to the Solar Tree structure. It has deployed its latest generation of Solar Tree products, the Solar Tree HVLC (High Value, Low Cost) array. This new Solar Tree product incorporates its latest engineering and fabrication improvements. The Company’s Solar Tree® structure works as a billboard for a company’s green credentials while creating clean energy and improving the aesthetics of any parking lot.
The Solar Tree structure's canopy measures 35' x 35'. It can cover between six and eight parking spaces. Additionally, Envision has developed a single parking space version of the product. It leverages the same technology, components, and architectural qualities. However, it is one eighth the size and less expensive.
The design of the Solar Tree Socket is for tight locations. It provides customers budget flexibility. It has been produced by Envision Solar to broaden the addressable market for its technology. The Solar Tree® Socket is a solution to create distinguished, sustainable real estate. The design of the Socket is to meet the requirements of a wide spectrum of applications, shading vehicles from the sun, reducing carbon footprints through the production of renewable energy, and advancing the infrastructure for electric vehicles.
Moreover, Envision has developed the aforementioned EV ARC™. It has observed that the EV ARC™ (Electric Vehicle Autonomous Renewable Charger) can solve many problems associated with electric vehicle charging infrastructure deployments.
Envision Solar is expanding into Asia. It previously announced that it executed two separate agreements with organizations in Fujian Province, China. The Brokerage and Cooperation agreements encompass the sales and manufacturing of Envision Solar International’s products for the Chinese market.
In January 2016, Envision Solar International announced that it is creating a European Subsidiary called Envision UK. It will be a majority shareholder in a corporation in partnership with Aconfort SA. The new subsidiary called Envision EU (headquartered in Malaga, Spain) will fabricate parts and assemble Envision's EV ARC™ and Solar Tree® product lines for the European market.
In May, Envision Solar International announced that the California Department of Transportation (CALTRANS) issued further purchase orders against the California State Contract awarded to Envision Solar last year. The Company announced on July 16, 2015, that the State of California awarded Envision a one-year contract with two one-year extensions to supply state and local offices and departments with the Company's EV ARC™ solar powered EV chargers.
Envision Solar International, Inc. (EVSI), closed Thursday's trading session at $0.165, even for the day, on 75 volume with 1 trade. The average volume for the last 60 days is 34,123 and the stock's 52-week low/high is $0.0851/$0.22.
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