Green Energy Development, Inc. Announces Co-Development Agreement With Enfinity America Corporation; Agreement Will Mean More Large-Scale Solar Installations For Georgia

Johns Creek, Georgia - March 1, 2013 - Green Energy Development, Inc. (“GED”), a global renewable energy development and deployment company with sustainable energy projects in solar, biomass/waste-to-energy, and wind technologies announced today that it has entered into a Co-Development Agreement with Enfinity America Corporation, a leading solar energy company active in the financing, development and deployment of commercial, municipal, educational and utility-scale solar facilities in Georgia.
 
GED and Enfinity, both Georgia-based corporations, believe that this relationship will allow for the development of commercial solar facilities in their home state.  The two companies are currently developing several commercial solar projects in Georgia and expect to develop several other projects in the state next year; in addition, to others across the southeast. 
 
David Ames, GED’s CEO stated, “We are excited about our new relationship with Enfinity and look forward to the development of solar projects here in Georgia as well as other areas in the southeast.”  Mr. Ames continued, “Enfinity brings a vast amount of solar experience and financing experience to this relationship, which will solidify GED’s ability to deploy solar in the southeast"
 
Rafael Dobrzynski, Enfinity’s CEO noted, “We have been looking to develop relationships for the development and deployment of solar facilities in what is clearly a ripe area of North America for solar energy.  Our relationship with GED will allow us to develop quality solar projects that will become a beacon for the solar industry in Georgia and across the southeast.”
 
About Green Energy Development, Inc.
 
Green Energy Development, Inc. (“GED”) is a global renewable energy utility. GED is technology agnostic, allowing it to focus on all major approaches to renewable energy including biomass/waste to energy, wind, and solar.  GED’s business model provides diversity and risk mitigation across global renewable energy opportunities in this emerging market.  GED renewable energy opportunities are identified and qualified through an extensive global network of technical and strategic stakeholder relationships, and GED’s monitoring, assurance, auditing, and management system provides investors a real-time view of project/utility performance.
www.greenenergydevelopment.org 
 
About Enfinity America Corporation
 
Founded in 2005, Enfinity is now one of the largest and most experienced solar photovoltaic (PV) development companies, with operations in North America, Europe and Asia-Pacific. To finance and develop solar energy installations, Enfinity works with individual project companies funded by equity investors and banks. The company also owns its own portfolio of renewable energy installations. Enfinity now has over 400 MW of solar energy installed and operational worldwide. www.enfinitycorp.com.

Contact Information

Shauna Brown

Energy Marketing Analyst

Green Energy Development, Inc.

(1) 770-753-9020

shauna.brown@greenenergydevelopment.org